German Properties for SaleOn offer are 11 separate properties located in various areas of Germany. This is a fabulous opportunity to buy a property in Germany for investment purposes.All properties are Freehold and as follows:1. 2-bed Bungalow, needs renovation, site area 250 sqm.Address: 4 Am Friedhof, OT Cochstedt, 39444Current Value: Euro 20,000.00Outstanding Debit: 4,200.00Refurbishment Costs: 20,000.00Works include roof repairs, rewiring, new bathroom and new kitchen, redecorating and new windows.Potential Value: Euro 60,000.002. 2-bed terrace house, needs renovation, site area 108 sqm.Address: 18 Werrarain, 99830 TreffurtCurrent Value: Euro 20,000.00Outstanding Debit: 6,600.00Refurbishment Costs: 20,000.00Works include outside walls repairs, rewiring, new bathroom and new kitchen, re-decorating and new windows.Potential Value: Euro 60,000.003. Block of 3 large flats, 3-storey, needs partial renovation, site area 460 sqm.Address: 10 Ostrasse, Zittau, 02763Current Value: Euro 60,000.00Outstanding Debit: 25,000.00Refurbishment Costs: 60,000.00 Works include roof repairs, rewiring, new bathroom and new kitchen, re-decorating and new windows.Potential Value: Euro 200,000.004. 5 Bedroom family house in the course of renovation, 3-storey, site area 480 sqm.Address: 52 Gerhart-Hauptmann Strasse, 02763 ZittauCurrent Value: Euro 30,000.00Outstanding Debit: 9,625.00Refurbishment Costs: 40,000.00Works include outside walls rendering and painting, rewiring, 2 new bathrooms and new kitchen, re-decorating and new windows.Potential Value: Euro 100,000.005. 5-bed detached house in front of railway station, ground floor suitable for a cafe/wine bar plus living space, needs renovation, 3-storey, site area 330 sqm.Address: 37 Lessing Strasse, 02763, ZittauCurrent Value: Euro 40,000.00Outstanding Debit: 9,625.00Refurbishment Costs: 60,000.00Works include outside walls rendering and painting, rewiring, 2 new bathrooms and new kitchen, re-decorating and new windows.Potential Value: Euro 200,000.006. Listed building consisting of 7 large flats, 5-storey, site area 780sqmm.Address: 17b Eckartsberger Strasse, 02763, ZittauCurrent Value: Euro 80,000.00Outstanding Debit: 12,200.00Refurbishment Costs: 100,000.00Works include outside walls rendering and painting, rewiring, new bathroom and new kitchen, re-decorating, new windows and new central heating.Potential Value: Euro 350,000.007. Three adjoining protected buildings, 21 large flats, site area 2,100 sqm.Address: 1, 3 and 5 Gabelsberger Strasse, Zittau, 02763Current Value: Euro 150,000.00Outstanding Debit: NilRefurbishment Costs: 300,000.00Full refurbishment required, works include roof repairs, outside walls rendering, rewiring, 21 new bathrooms and 21 new kitchens, re-decorating, new windows and gas central heating.Potential Value: Euro 840,000.008. An industrial unit, 5,500 sqm site area, requires renovation, 3-storey; it is possible to apply for planning permission to erect at least 12 units of smaller light use industrial units with offices.Address: Strasse E, Unit 1773, Industriepark I, Gommern, 39245Current Value: Euro 100,000.00Outstanding Debit: 15,000.00Refurbishment Costs: 100,000.00Works include outside walls rendering and painting, rewiring, 6 new toilets, re-decorating and new windows.Potential Value: Euro 400,000.009. One ex Hotel currently divided as 4 flats and bar/restaurant, 2 flats currently let at 19,000 euro per annum, potential tenants for bar/restaurant subject to negotiation could produce a further 25,000 euro per annum.Address: 21 Inselberg Strasse, Brotterode - Trusetal, 98596Current Value: Euro 100,000.00Outstanding Debit: 30,000Refurbishment Costs: 80,000.00 Full renovation of the remaining two apartments and the other parts of the commercial space, works include rewiring, 2 new bathrooms and new kitchen, re-decorating and new windows.Potential Value: Euro 350,000.0010. 2-Storey Building of 7 flats, 3 flats are rented at 3,900 euro per annum, site area 5,500 sqm.Address: 1 Schulstrasse, Seehausen (Altmark), Hansestdat, Geestgottberg, 39615Current Value: Euro 40,000.00Outstanding Debit: 20,000.00Refurbishment Costs: 40,000.00 Works include rewiring, 4 new bathrooms and 4 new kitchens, re-decorating and new windows.Potential Value: Euro 100,000.0011. 4 Storey building with 7 large flats plus shop on ground floor.Address: 14 Osswald Strasse, Greiz, 07973Current Value: Euro 80,000.00Outstanding Debit: 25,000.00Refurbishment Costs: 100,000.00 Works include roof repairs, rewiring, 7 new bathrooms and 7 new kitchens, re-decorating, new windows and common central heating.Potential Value: Euro 250,000.0011 separate properties for sale in Germany both residential and commercial.Total Estimated Current Valuation: Euro 720,000.00Total Estimated Refurbishment costs: Euro 920,000.00Total Outstanding Debit: Euro 157,250.00Total End Valuation after Completion of Renovation: Euro 2,870,000.00
