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Buy-to-let apartment package with a guaranteed yield of 3,94% in Leipzig, Saxony, Germany

704,000 €
5,457 € /m²
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  • Total area
    129 m²
  • Yield
    3.94%
  • Built in 
    2023
Details
Financial performance
  • Annual income: 27,778 €

The new residential complex includes studios, one- and two-bedroom apartments. All apartments will be delivered furnished with equipped bathrooms and kitchen areas. Delivery date is scheduled for the 4 quarter of 2023.

The total area of the package is 129.48 m² (each unit from 19.70 to 40.50 m²). The offered package contains 5 apartments. You can buy apartments remotely.

Tenants

The management company guarantees the investor rental income even if the apartment has not yet been rented out. The contract is signed for 4 years with an extension option.

The owner can decide to use the services of this management company or not.

Small apartments will be in demand among students of six universities and numerous employees of large companies (BMW, DHL, Porsche and Amazon).

Transaction costs

Legal services — 1.5%

Notary (state registration) is 1.5–2%.

Acquisition tax is 3.5%.

The apartments are sold without commission for the buyer.

Location and nearby infrastructure

The residential complex is located 10 minutes from the center of Leipzig. Within walking distance from the house there is a park with a lake and a playground. Nearby all the necessary infrastructure — a school, doctors' offices, supermarkets and a farmer's market.

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If this ad doesn't suit you, have a look at the other block of flats for sale in Leipzig.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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