Lucrative investment: listed 12-party house: renovated Poessneck, Saale-Orla-Kreis, Free State of Thuringia, Germany Self Build £720,120 | €800,000 | $922,640 Request a Currency Exchange Quote Here

Multi-family house, year of construction 1900, storage room, private garden, open fire place/tile stove, built-in kitchen, bathroom(s) with window, shower, bathtub, separate toilet, no usable balcony/loggia/terrace, long-distance heating

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Property Attributes

Property Features

Garden, Balcony, Terrace, Attic, Basement, Fireplace, Garage

Amenities & Services

Parking, Laundry, Tourist Attractions

Lifestyle features

City, Town, Hills

Building Characteristics

Renovated, Storage, Listed, 3 Storey, Ground Floor


Shower, Toilet
Property Description ID:34108870

Pastel-coloured facade, tastefully complemented by white, decorative elements, mansard roof with wood-covered gable dormers, round windows on the ground floor - this Wilhelminian style building gracefully fits into an exposed location of Pößneck. The external appearance contributes significantly to the magnificent silhouette of the old town. Built around 1900 and fully renovated in 1996, the 3-storey apartment building has 12 tenants who are permanently well rented. The building has a full basement and the roof is fully developed for residential purposes. The cut of the building and the orientation of the windows provide for beautiful, light-flooded rooms. Varied floor plans meet the different requirements of a dynamic tenant structure. The apartments are predominantly equipped with carpet, PVC and tiles. In the basement there are two garage spaces, tenant cellars and a common laundry and drying room as well as storage facilities for prams and bicycles. Everything is very valuable renovated and in an excellent condition. Further car parking lots for tenants are in front of the house on and in front of the property.

Who does not call such a Solitär yet his own, should access here immediately, because it concerns a piece of jewellery and in this price performance ratio a rarity on the real estate market.

The average net cold rent is 7.04 € / m². The annual rental income amounts to around 70,536 €, which corresponds to a gross initial yield of approx. 8.82 % p.a..

The solid yield and the good location of this stylish multiple dwelling round off this attractive offer.

An agent's commission in the amount of 5.95 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.

This building is not subject to the energy certificate requirement.

City of printing, rich industrial city of the Gründerzeit, wholesale center in the GDR, prosperous and dynamic city of the present - the Pößnecker understood since time immemorial with diligence and fine business sense to let their city flourish in prosperity. This is still reflected today in stately Gründerzeit buildings, flourishing industry and the city's solid infrastructure. In the year 2000 a lot was invested, redeveloped and rededicated within a short time, whereby the cityscape was further upgraded. It is not for nothing that more and more investors become aware of the town in order to participate in the steady upswing, while the Pößnecker enjoy a high quality of living. The city is by no means a boring industrial centre. Gentle hills and magnificent forests bed Pößneck in an idyllic landscape and ensure varied and relaxing excursions into nature. The Saalestauseen, which are among the most beautiful and largest in Europe, are further attractions for tourists and residents. Pößneck is the middle centre and the largest city in the Saale-Orla district and lies just 35 km south of Jena. The location at the B281 and B88 with connection to the A9 and A4 allows short distances to all surrounding cities. The state capital Erfurt is only 1 hour away.

The information contained in the property summary is based solely on information provided by the vendor. realbest Germany GmbH therefore accepts no liability for the accuracy or completeness of the information contained in the property summary. We would like to explicitly state that we have not verified this information either in law or in fact and therefore recommend that you seek legal counsel or advice from appropriate experts. All floor space measurements are approximate. Our general terms and conditions apply.

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