Saxony, Doebeln, Germany

Excellent investment property available in the attractive market town of Doebeln, Saxony. This modernised property offers six tenanted residential units at a price of less than Euro 300 per m2 with a terrific yield of 12%.

The apartment house has six, 1- bedroom apartments (376m2) which each have separate and modern bathrooms and kitchens. Each spacious apartment has central heating and four apartments have balconies overlooking the attractive and mature gardens to the rear of the house. The apartment house also has a storage-room (90m2) which is in the roof space – an area which could be developed with the appropriate permission.

The property has a quiet situation yet within a short walking distance of the town centre. This very attractive market town of Doebeln sits on the River Freibeger and has a pretty market square with a range of attractive and historically interesting buildings. Doebeln is a residential satellite town situated in the triangle of the cities Dresden, Leipzig and Chemnitz.
This property represents an excellent investment opportunity – six apartments at an average cost of less than Euro 23,000 each yet also with a terrific yield of 12%.



Property Details
Location: Doebeln, Saxony / 2 ½ hours from Berlin
Apartments: 6 tenanted
Built Year: 1909
Total Area: 466 m²
Plot Size: 400 m²
Area: 376 m²
Storeroom: 90 m²
Rental Income: Euro 16,503
HIGH YIELD: 12%
Purchase Price: Euro 137,000


Reservation Euro 6,000, subject to viewing but a viewing must take place within 7 days. Finance available.



PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.