OUTSTANDING 12% YIELD! / This attractive apartment house is located in the pretty market town of Werdau in Saxony, about 2 ½ hours from Berlin. Werdau is a typical residential town in Saxony located 50km east of Chemnitz and 80km south of Leipzig. The town, situated on the River Pleisse, has a population exceeding 23,000 with a history associated with textiles but more recently with precision engineering linked to the automobile industry. In addition the town is a tourist attraction set amongst the green rolling hills of Saxony.

The apartment house comprises of two commercial (347m2) and seven residential units (430m2). All units are tenanted with the exception of one commercial unit (an office of 75m2). The property dates back to 1922 however was modernized in 1992. The rental income exceeds 23,500 euros per year which equates to a terrific yield of 12%.

This property has a prime town centre location near to the main office and shopping areas and adjacent to the beautiful town hall. This is a terrific investment property available at only 252 euros per m2!


Price from Euro 195,833
Yield: 12%

Area: Saxony, Werdau, Markt
Type: Apartment Block
Size: 777 m²
Tenanted: yes (except one office)
Ref: FBVS1305


PLEASE CONTACT US ON 01-671188 FOR FURTHER DETAILS OR TO RESERVE THIS PROPERTY! IT IS GUARANTEED IT WILL BE SNATCHED UP QUICKLY!