RPI Meissen – Coswig
PRICES FROM: €68,700
This purpose built property with the added benefit of a rental pool provides immediate income with significant growth potential for investors.
Known as “Mietpool” in Germany, it is a very popular property investment for retirement planning for professional Germans. Rent pooling means the pooling of all of the expenses and rents for all of the houses or apartments in a development and the distribution of the net rental income to the individual house owners in proportion to their ownership share in the development. A property manager will be responsible to rent out the apartments, keep them maintained and take all the calls from tenants.
- Hassle-free ownership – Fully Managed
- Immediate Rental income
- Top Location for Growth and Income
- Added Protection of a Rental Pool
- Simple and Secure purchase process
The property is located between the towns of Meissen-Coswig in the immediate vicinity of Dresden, the capital of Saxony, the 6th most populated state in Germany with 4 million inhabitants. Meissen-Coswig greatly benefits from the Dresden market uplift. Housing shortage and rising prices in the capital create demand for affordable accommodation in nearby towns. The growing trend of greener living combined with good transport connections drives demand for purpose built multi-family rental accommodation like RPI Meissen-Coswig. Situated on the banks of the Elbe river and only 20km from the centre of Dresden, RPI Meissen-Coswig has been chosen as an ideal living place for workers of Meissen and Dresden, who prefer to live in a more family-friendly and quiet location but with a short commute to work.
Investors also benefit from hassle-free ownership as the property is fully managed locally in Germany!
- Units: 32
- Apartment sizes: 51 – 69sqm
- Year of construction: 1989
- Refurbished in 2004 & 2018
- Distance to Dresden 20km
- Green residential area with forest nearby
- Bus station across the street
- Very popular with families and commuters
- In the industrial and technical heartland of Saxony
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