Rental Yield: 5.8%
PH21 STRUCTURED INVESTMENT: 13 fully tenanted apartments located in the economic area of Dresden €276,050 Below Market Value. Guaranteed Mortgage included!
Dresden is regarded by many as Germany’s next Property Investment Hotspot. This exceptional property is located less than 40 minutes from Dresden city centre.
Units: 13 apartments
Current rent: €49,916 (factor 17.08)
Rentable Sqm: 1,073 sqm
Mortgage included: Yes
This property enjoys an extremely convenient location with local shops, schools and cafés are within walking distance. Dresden city centre is always within touching distance as the area is well serviced by public transport. The S-81 is on your doorstep connecting you to the centre of Dresden in less than 40 minutes and there are also regular bus and train routes servicing the area. The property also comes with some garage & storage space located in the courtyard as well as the added benefit of spacious balconies and terraces.
KEY REASONS TO INVEST
- BMV: 25% Below Market Value – Current Market Value €1,128,550 (€1,051/sqm)
- RENT: Fully rented. Potential to increase the rental yield to 6.63%
- LOCATION: Excellent location close to Dresden city centre – Germanys next Property Hotspot
- NEW MORTGAGE INCLUDED: €587,304 Mortgage with a low interest rate of 1.83% fixed for the next 10 years
- GOOD LIQUIDITY: Mortgage repayments account for only 56% of the rental income.
- FULLY MANAGED: German based Property & Investment Management
REQUEST MORE INFORMATION EMAIL: Linda.email@example.com OR CALL: +49 (30) 499 05 0950 OR FILL IN THE FORM BELOW