| Price:€0 £ $ |
Agent Information |
| Condition: |
New development |
 |
| Property Type: |
Apartment |
| Bedrooms: |
1 |
| Bathrooms: |
1 |
| Receptions: |
0 |
| Status: |
Available |
IMOINVEST International are marketing this apartment for sale in Germany
Located in a calm and quiet area, this enviable residence is currently undergoing massive renovations to be completed Spring 2008, including fully equipped ceramic tiled kitchens and bathrooms, brand new carpets, balconies and terraces, underfloor heating systems, videophone entrances, new gas central heating, new electrical systems, new facade, pl ... moreus underground parking with interior elevator.
Having such attractions as the huge Centro shopping mall and the Industrial Museum of Rhineland, Oberhausen is part of the Ruhr area in North Rhine-Westphalia, which is visited by 23 million tourists per year. Located in the Old City Centre, the residence is surrounded by various cultural and recreational areas and benefits from excellent connections to the New City Center via a 5 minute ride on public transport (bus and tram).
Currently, Germany is one of the most interesting Real Estate markets in Europe. This is a very rare investment opportunity offering excellent location and the chance to purchase property for 1000 to 3000 euros per square metres. Many properties are undervalued and forecasts point towards positive economic development which will cause significant price rises over the next 5-7 years. Now is the time to buy in Oberhausen!
Key selling points and investment justifications:
Purchase price is below actual prevailing market value
Two - years rent guarantee of 8,20 EUR per sqm
Increasing rental demand in this area
Central location with great access to public transport
Financing available up to 80% loan to value
FREIHERR-VOM-STEIN
Germany, West Germany, Oberhausen
One Bedroom 58m² to 70m² €126,400 to €152,200
Two Bedrooms 72m² to 94m² €154,800 to €203,000
Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 5.70%
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