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Wilhelminian jewel in a square location on Lutherplatz

Lutherplatz 8, 02826 Görlitz – Sachsen
860.000 €
968 m²
Living Area
765 m²
Property
apartment building or investment property
residential and commercial building

Classic and well-kept multi-family house from the turn of the century in a square location. Original Wilhelminian and Art Nouveau elements in the house and hallway.

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Object Number
OM-287561
Object Class
apartment building or investment property
Object Type
residential and commercial building
Handover from
by arrangement

Purchase price & additional costs

purchase price
860.000 €
Purchase additional costs
approx. 58,034 €
Total costs
approx. 918,033 €
Price per m²
888.00 €

Breakdown of Costs

Purchase price 860.000 €
Real estate transfer tax 47,300 € (5.50%)
Notary costs 7,116 € (0.83%)
Land register entry 3,618 € (0.42%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 3,090 €

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.39%

Details

Condition
well-kept
Monument protection object
Yes
Number of floors
4
Total area
968 m²
Net rental income (target) p.a.
61213 €
Net rental income (actual) p.a.
52141 €
Flooring
laminate
Heating
central heating
Year of construction
1900
Equipment
terrace, garden, basement, full bath, shower bath, fitted kitchen
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

The apartments were refurbished by the seller when tenants changed. The scope of refurbishment was defined on a case-by-case basis and generally focused on refurbishing the bathroom, laying new flooring (PVC or laminate), painting and refurbishing the stucco, installing a kitchen and replacing switches, plugs and sockets.
Sample photos are enclosed with the exposé.

A total of around €135,000 was invested in renovation and maintenance measures between 2020 and 2023. Installation of a new boiler in 2023.

The former doctor's surgery on the first floor is to be converted into two residential units (41 and 67 m²), official rezoning already in place. Cost estimates from local craftsmen are available. Total costs for the conversion approx. € 95,000. With a new rental of approx. € 7.00 per square meter and month, the income from the property can thus be increased to over € 60,000 per year.

Location

Square location on Lutherplatz, Görlitz train station within walking distance, close to the center.

Location Check

Restaurants
350m
Einkaufen
100m
Medizin
350m
Sport
350m
Mobilität
200m
Kultur
200m
Natur
450m
Nachtleben
500m

Energy

Energy certificate type
not legally required
Main energy source
gas

PDF

Miscellaneous

MAGAN Immobilien GmbH
Kurfürstendamm 52
10707 Berlin
Berlin, Germany
E-Mail: schmolke@magan-immobilien.de
­Homepage: https://www.magan.at/
Sales tax ID: DE272486944
Commercial register: Berlin-Charlottenburg
Commerc­ial register number: HRB 125353

Consumer information:
According to Regulation (EU) No. 524/2013:
As part of the regulation on online dispute resolution for consumer matters, an online dispute resolution platform of the EU Commission is available at http://ec.europa.eu/consumers/odr/.
Contact by email: schmolke@magan-immobilien.de
­We do not participate in dispute resolution proceedings before a consumer arbitration board.

Broker inquiries not welcome!

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Commission: No commission for buyers

Offer from: Stefan Schmolke

Phone: 0176 31127643