In the picturesque city of Goerlitz we have on offer a fully tenanted apartment block. This attractive 5 storey property dates back to 1900 and was modernized in 1993. The building comprises of eight residential and one commercial unit and is situated in a pedestrian area with shops and restaurants. The total floor area is 645m2.

Goerlitz is a historical city on the border with Poland, 100 km east of Dresden and less than 3 hours drive south-east of Berlin. It has a rich architectural heritage, for example the oldest civil renaissance buildings in Germany. Its population exceeds 56,000 and is a very popular tourist destination.

The annual cold rent for this apartment block is 29094 euros which equates to a yield of 8,7%!

Isn´t that a very interesting opportunity!