Property DescriptionAn apartment block in Germany in good condition, includes 3 apartments.
Return on investment easy in 3 years at a modest 330 Euros per apartment per month rent.
The land plot is 210 SQM.
Nowhere in Europe will you find this sort of return on your investment, such a low price and in a very nice location.
The apartment block is in the town of Pausa, the block is owned outright and the sale is direct from the owner.
Pausa is a town in the Vogtlandkreis district, in the Free State of Saxony, Germany. It is situated 13 km east of Schleiz, and 14 km northwest of Plauen.
The towns swimming pool opens in June each year, see photos. The town is lively and has events on year round. There is at least 6 hotels/guest houses in the town, bookings are brisk, there is also restaurants, snack bars, coffee shops, garage and more, this is Germany and Pausa is one of the amazing towns in the country.
For education you will find 2 nurseries, a day care centre, primary and secondary school.
Famously, Pausa is known as being the centre of the earth, but thats not technically true, its really just the centre of Vogtland. With this in mind, the municipality building that sits right in the centre of the town, has a huge rotating globe on top. For hundreds of years an object (Previously a cube) sat where the building is to signify the central position within Vogtland, but now the big globe sits up there, rotating 24/7. For conversation sake, the globe weighs just over a Tonne and is 3 Metres in diameter.
- Living Space 300 m2
- Lot Size 220 m2
- Furnished No
- Garage No
- Central Heating No
- Air Conditioning No
- Garden Yes
- Pool No
- 3 apartments
- back garden
- centre of town location
- easy return on investment
This listing is provided by an external advertiser. The information contained in this listing forms a property advertisement and European-Property.com has no control over content contained within. Furthermore, European-Property.com cannot guarantee the accuracy of listing information, linked content or associated resources provided by advertisers for the purpose of advertising.