Rented Apartment in Auerbach

Auerbach is a city in Saxony with approximately 21,000 residents. By German standards, it is a medium-sized city, under the jurisdiction of the Chemnitz Regional Directorate and part of the Vogtland district.
The apartment is located in a multi-family house built in 1998. It is a two-room apartment with a living area of 52.13 m². Situated on the ground floor, it features a terrace with a separate exit from the apartment.
The apartment is in good condition and is currently rented out for €250 per month, providing an annual income of €3,000. This equates to an impressive 12% return on investment!
The apartment includes a basement storage unit and one parking space.
Ground-floor apartments with terraces are particularly sought after in Germany. Generally, the lower the floor, the higher the property’s value. High-rise buildings (10-20 stories) are typically less preferred by locals.

Auerbach offers a convenient location:

• 5 km to Reichenbach im Vogtland
• 64 km to the Czech spa town of Karlovy Vary
• 28 km to Zwickau
• 127 km to Leipzig
• 321 km to the capital, Berlin

• Final price with no buyer’s commission. You only cover the mandatory property registration fees.
• Notary fees, property transfer tax, and land registry costs: These costs vary and can be calculated upon request.