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The expat property with a 4.4 to 5.8% return!

9111 Chemnitz

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Last checked 9 hours ago 5 days on the market

Purchase price

CHF 1’830’000.–

Price / m²
CHF 1’307.–
1400 m²
Living area

At a glance

Available from
Immediately
Property type
Multi-family house
Year built
1996
Floors
5
Apartments
24

Description

Here in Chemnitz - Europe's Capital of Culture for the year 2025 - you have the opportunity to acquire a very special property. The house was built in 1997 to a very high standard and is therefore still relatively new. In total, the house has 24 apartments (accessible by lift) and three shops. Currently, not all units are rented out. Nevertheless, there are ongoing rental income of € 73,400 per year (current state) - with full rental, € 105,000 would be achievable. This multi-family house represents an attractive capital investment in the center of Chemnitz. The rental and management are taken over by local companies. However, the property would also be suitable for expats. With the rental income, you could live luxuriously, as the cost of living is very low compared to Switzerland. You could also move in yourself and, for example, combine two apartments - then you would have a dream apartment and still have enough rental income. This is exactly the right property for someone who wants to retire but is still looking for a meaningful occupation. The rental and maintenance of the house are a pleasant, but not too strenuous, activity that can bring a lot of joy. The inhabitants of Chemnitz are very friendly, and the area offers a wide range of excursion and recreational opportunities - you will never get bored here. We are at your disposal at any time to provide further information about this special property. Take advantage of this unique opportunity and secure this special property!

Location & surroundings

CHF 1’830’000.–

9111 Chemnitz

Contact on the source

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