This five storey apartment house requires extensive renovation yet offers a terrific investment opportunity. The property dates back to 1900 on a plot size of 336m2. The building comprises of eight residential (400m2) and one commercial unit (98m2) with a total floor area of 498m2.

Halle is 170km south-west of Berlin and less than a two hour drive. Halle is the largest city in the German State of Saxony-Anhalt and has a population of 234,000. It is situated in the southern part of the state, along the river Saale which drains the surrounding plains. Leipzig, one of the other major cities of eastern Germany, is only 40 km away.

The building has a cellar and is a 'listed property' requiring approvals and controls on future development. However, this status does come with the possibilty of financial support and tax concessions.

This investment opportunity is available at a bargain price of only 78 euros per m2!!