Rental Yield: 6.4%
Stunning portfolio of 16 apartments between 2 buildings located in the commuter corridor of Leipzig and Berlin
The buildings in Dessau are both located in a good residential area offering tenants well-sized apartments with backyard and garages. Walking distance to supermarkets in addition to local restaurants, shops and banks. Various transport options available nearby with bus stop and train stations located close to each property. Both building locations also have very nice parks located within walking distance and only 30min away from Leipzig/Halle Airport.
Units: 16 apartments
Current rent: €59,418 (factor 15.6)
Rentable Sqm: 876 sqm
Avg price per Sqm: €1,061
Avg price per unit: €58,125
Mortgage included: Opt
With a high rental yield of 6.4%, this portfolio is a great income-generating investment. The property location between two big cities of Berlin and Leipzig drives up demand for properties in the area. Average property prices in Dessau are constantly increasing and the low purchase price of €1,061/sqm is below the market average for the area.
KEY REASONS TO INVEST
- RENT: Fully rented with a very attractive rental yield of 6.4%.
- LOCATION: Excellent location in the centre of Dessau
- FULLY MANAGED: German based Property & Investment Management
Dessau-Roßlau is one of the three regional centers of Saxony-Anhalt and an integral part of the emerging European metropolitan region of Central Germany. It is a fast growing economic area with distinctive leading and future industries, from classic metal construction to modern Biopharmaceutical production.
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