Good reasons for investors

• 35 condominiums

• Year of construction 1967 / 2001-2002 renovation and comprehensive partial modernization by previous owner

• Renovation 2025-2026 by Carestone

• 3 years of rental guarantee by Carestone (11.50 €/m²); afterwards attractive re-rental possibilities

• Initial rental by Carestone until the end of the term

• 3.65–3.75 % rental yield

• Land value: 450 €/m² | about 3.5 times higher than the national average | land value development of the last 20 years annually + about 4 % nominal

• Attractive depreciation possibilities

• Attractive location directly on the Zollelbe

The urban district of Magdeburg is, along with Halle (Saale) and Dessau-Roßlau, one of the three upper centers and the capital of the state of Saxony-Anhalt. The diverse art, culture, and shopping landscape contributes to the quality of life.

• City with around 240,000 inhabitants; located about 150 kilometers west of Berlin and about 150 kilometers east of Hanover

• Object is located on Zollstraße directly on the Elbe riverbank

• General medical practice, dental practice, and pharmacy within a radius of less than one kilometer; hospital 1.2 kilometers away

• Public transport connection (0.2 km), DB train station (1.5 km), and highway (6.9 km)