For sale Terraced House, Oelsnitz, Chemnitz, Germany, Pflockenstr. 8

For sale - Cod. 29293

• Tipology: Terraced House
• Area: 301 m²
• Rooms No.: 13,5
• Floor: Parquet stratifié
• Publication date announcement: 17/09/2016

This is a building fully leased for 5 families on a plot of 570 qm; The house is built in a traditional way with a full basement. It is accompanied by a garden with shed and barbecue area and two garages. The house was completely renovated until 2013.

Your rental income per year will be on € 15,936.

The house is located at 09376 Oelsnitz / Saxony between Chemnitz and Zwickau. It is easily accessible via three motorways (B180, B169, B173 and the A72 motorway Chemnitz-Zwickau and Dresden-Hof, just 4 minutes by car). The bus stop is a 1 min walk. Many shops and the vast urban infrastructure are also within a few minutes.

With a purchase price equivalent to 11 times the annual rent, the house is paid after about 11 years only by rents. In comparison with an investment in Paris, Nice, Lyon and Marseille, on average it takes 20 years for a return on an investment, about twice as long.
Enjoy 10% rate of return!