We currently have an exceptional tenanted apartment investment opportunity in central Dresden at just £47,000
All apartments are let at an excellent 5.71% annual yield.
In Germany, tenants are liable to pay (provided it’s agreed in the rental contract as is standard) for utilities as well as running costs (including property tax, insurance, etc).
That means the landlord only carries the cost of house management (required by law),rental management (optional) and payments into the building reserve fund (sinking fund – to cover any future repairs and renovation of the building).
House Management - 21 euros per apt pcm
Rental Management - 24.15 euros per apt pcm.
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Exceptional value property in Leipzig 1 and 2 bed apartments ranging from 61,000-107,000 Euros in central upmarket Gohlis district of Leipzig.
Fully tenanted with yields between 4.8%-5.4%.
Complete in house rental Management provided.
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