Rental Yield: 6.2%
SOLD: See Case Study
Ref: PH15
PH15 STRUCTURED INVESTMENT: 15 apartments in an excellent location close to Dresden – Germanys next Property Hotspot! Structured Investment with a Guaranteed Mortgage of €614,182
This exceptional portfolio is located 25km northwest from Dresden in Meissen. Investix is offering this property €57,000 Below market value. A mortgage is included with a very low fixed interest rate of 1.84%
Units: 15 apartments
Current rent: €56,361 (factor 16.07)
Rentable Sqm: 976sqm
Mortgage included: Yes
Both properties are within a short walking distance from many historical sights. They have convenient transport connections with a bus line across the street connecting to various parts of the town including the train station which has a direct connection to Dresden Central Station which can be reached by most commuters in less than 30 minutes. Both buildings have convenient parking option for tenants and a 24/7 gas station close by makes it a convenient option.
KEY REASONS TO INVEST
- BMV: 6% Below Market Value – Current Value €963,000 (€986/sqm)
- RENT: Fully rented. Potential to increase the rental yield to 7.1%
- LOCATION: Excellent location close to Dresden city centre – Germanys next Property Hotspot
- NEW MORTGAGE INCLUDED: €614,182 Mortgage with a very low fixed interest rate of 1.84%
- GOOD LIQUIDITY: Mortgage repayments account for only 53% of the rental income.
- FULLY MANAGED: German based Property & Investment Management
REQUEST MORE INFORMATION EMAIL: Linda.madisone@investix.de OR CALL: +49 (30) 499 05 0950 OR FILL IN THE FORM BELOW
