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Location:
Saxony
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Germany
Property Reference:
PA14-Private758
Price:
£32,031
Property Details
A beautiful 1887 Victorian semi-detached apartment block in need of restoration. Its layout can accommodate six 1 bedroom apartments, one 3 bedroom apartment and one 4 bedroom penthouse duplex with an overall area of over 500 square metres. It is situated on an 350 square metre elevated site with a beautiful view over the city. The average rent per square meter in Plauen is €4,34 suggesting a monthly income of around €2,200. Potential for yields of over 10%.
Most people in Germany prefer to rent than to buy. In Plauen only 20.26 % own their home, the other 79.74 % are renting. Plauen is a 69.000 inhabitants city and have all the comfort and commodities of a large modern European city: bars, restaurants, hospital, shops, museums, swimming pool, leisure centres, schools, university, good public transportation network and much more... See www.plauen.de for more information
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