Magdeburg
in Saxony-Anhalt

Property description and location

Magdeburg is the capital of the state of Saxony-Anhalt. It is centrally located in central Germany, around 80 kilometers from the Halle-Leipzig conurbation and 100 kilometers from Potsdam. Leipzig/Halle Airport can be reached in around 70 minutes, Hanover in 80 minutes and Berlin-Brandenburg in around 100 minutes.

In the listed building ensemble of the former "Grusonwerke" in Magdeburg, 95 modern residential units, a commercial unit and a new building with 24 residential units embedded in the site are being built. Wherever possible, historical elements of the 19th century assembly hall will be retained and integrated into the new architecture. Both the listed building and the new building achieve exceptionally high energy standards: KfW 40 EE in the listed building and KfW 40 QNG (Quality Seal for Sustainable Buildings) in the new building.

• Units: 4 care apartments
• Purchase price: from € 225,647.80 per unit
• Apartment size: between 45.22 sqm and 60.98 sqm (incl. communal area)
• Year of construction: n.a.
• Rental yield: initial yield approx. 2.90 % p.a. in relation to the purchase price
• Address: Marienstraße 39112 Magdeburg
• Operator: