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  • Saxony
Price £137,294
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Property Description

We have on offer in beautiful Goerlitz a very charming tenanted apartment house. This four storey building was built in 1800 and modernized in 1990. It has three tenanted residential units and one vacant commercial unit. The total plot size is 138 m².

Goerlitz is an historical pearl near the Polish border. The city is approx 100km east of Dresden and 280km south-east of Berlin (less than a three hour drive). The city has a population exceeding 56,000 and is a popular tourist destination.

The actual annual cold rent is about 9,000 euros, but with the commercial unit tenanted it rises to over 16,000 euros. That would mean a potential yield of 9,4%! The current actual yield is 5.2%.

Isn´t that attractive? Call us now!

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