Other for sale in Plessa - Brandenburg, Germany

Property Description This property in Plessa, Brandenburg offers a great investment opportunity with a potential annual cold rent of €45,000. With 3 vacant apartments and some existing rental contracts, there is room for growth. The building features modernized windows and entrance doors, as well as updated heating systems with hot water preparation installed around 2005. The majority of the apartments have been renovated, some with new roofs and electrical wiring. Additionally, the property has undergone excavation and new waterproofing in certain areas. With a total of 16 units spread across 3 buildings on a spacious 14,403m2 plot including garages and gardens, this property is a great prospect for investors looking for a solid income stream. Price Thoughts At €399,000, this property represents a substantial investment opportunity, given the potential for a high annual rental income. The property's modernized features and sizeable plot make it an attractive option for investors looking to expand their portfolio or generate passive income. With a mix of rented and vacant apartments, there is room for growth and increased profitability. Overall, the price is reflective of the property's potential and offers a solid return on investment for the savvy buyer.