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01906 Burkau - Sachsen
Based on the description provided, the property is a multi-family house located in Burkau, Germany, with a purchase price of 199,000€. The house was constructed in 1934 and was renovated in 2000, offering a rental of approximately 16,345€ net rental income per year. This represents a potential annual return of approximately 8.27% (16,345€/199,000€ x 100%). From a real estate investment perspective, this property seems to offer a decent return on investment, making it an attractive option for capital investors. In terms of lifestyle purchases, owning a residence in Burkau, Germany, would provide the opportunity to explore local amenities, markets, and cultural attractions, while also generating income from the rental property.
01906 Burkau - Sachsen