9.3% Positive cash-flow

FOR SALE: €730,000

Ref: PH26

Fully-let building located under 15 mins from Dresden with excellent mortgage terms – 50% cheaper than city centre

Dresdner Str. 29 is fully rented with long term tenants generating a very attractive rental yield of 6% per annum. There is a low supply and high demand for good quality rental properties in this area. Smart investors recognize the importance of location and what makes this property investment especially attractive is its low price considering its proximity to the centre of Dresden 15 minutes away. The average apartment price in this house of €1,187/sqm is nearly 50% lower than the average price in Dresden of €2,228/sqm.

INVESTMENT FEATURES

• Tenanted Multi-Family Home
• Special non-recourse Buy-to-Let mortgage in place
• Properties acquired in a simple GmbH (ltd) structure
• Property, Tenants, Maintenance, Cashflow and Administration all managed in Germany
• Premium Buy-to-Let ‘Hands off’ investment solution

The property was originally built in 1900. In 1998 it was fully upgraded to modern standards including double glazed plastic windows, renewed electricity & sanitary facilities and upgraded roofing. In 2011 the previous owner also fully upgraded the central heating system. The property also comes with some garage & storage space located in the courtyard as well as the added benefit of spacious balconies and terraces on each apartment ensuring there is a high demand from tenants when an apartment becomes vacant.

RESERVE TODAY SUBJECT TO VIEWING!

SOLUTION: PropHaus

Find out more about this property

Ref: PH26

Ref: PH26

Would you like to arrange a viewing to see the property? Contact us and
Let the Experts help!

Colin O’ReganInvestment Consultant

Providing a “one stop in-house solution” for foreign investors looking to maximise their investment potential from the German real estate market.


Multi-Family Homes
9.2% Positive cash-flow

FOR SALE: €1,238,000

Private Portfolios
6.38% Rental Yield

FOR SALE: €4,387,000

Expert Blogs - Latest Posts

10th August 2018

Location, location, location! How to evaluate a neighbourhood.

Have you ever asked yourself, how did that lucky guy actually do it? He bought that property...

13th July 2018

Critical Numbers You Need to Plan the perfect German Buy-to-Let investment

Recently I had an overseas client visit our head office in Berlin, who had never invested in...

13th July 2018

Where are the next Top Buy-to-Let Hot Spots in Germany?

Every new investor to Germany always asks me "where is the next Hot Spot"!! This is because ...

Back To Top