37 Bed Apartment Apartment investment in Sachsen-anhalt Location Germany Sachsen-Anhalt Magdeburg Price €861,000 Max rental return: 7.65% Mortgage calculator Add to shortlist Property ID: 483885          Description Key selling points Instant Portfolio Low deposit Hugely below market value Income producing Fully tenanted Fully managed with cover against voids An instant income producing asset building portfolio in Germany with just 20% deposit. Serious investors are offered the opportunity to add a significant piece of high quality real estate to their portfolio with just 20% deposit invested. This attractive building located in the German city of Magdeburg, the state capital of Saxony-Anhalt, comprises of 23 apartments all tenanted and producing an immediate income. The Investment will provide a surplus income after mortgage costs which is very attractive indeed when you consider the mortgage is a REPAYMENT loan. Furthermore we have negotiated a sale price significantly below the market value, in fact  39% below! The sale price also includes the costs associated with buying property in Germany, e.g. Taxes, Notar costs etc. The huge reduction from market value allows us to provide (subject to status) a mortgage of well over 80% of the building sale price, which is very unusual in Germany. Up to 4 buyers on 1 mortgage application allowed. For more details please enquire and provide a telephone number.                          Make an enquiry: TheMoveChannel.com is a property listing platform for estate agents, developers and private owners. For further details of the properties listed on the site, you must register/login and make an enquiry using the form that will appear on this page. Your enquiry email will then be sent directly to the person or company responsible for listing the property. Click here to register Email: Password: (forgot your password?) Loyalty bonus: minimum £500 from TheMoveChannel.com on completion when you buy this property. Click here for details of our loyalty scheme                 Get emails featuring more properties like this! Properties like this regularly feature in email newsletters that you are not signed up to. Opt in to receive newsletters by checking any relevant boxes below: Enter your Email:  Germany News Global Investment Overseas Showcase Millionaires Row