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German Investment Property
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Fast facts

A boutique residence consisting of 9 studios and one-bedroom apartments in Leipzig’s up-and-coming Lindenau neighbourhood.

4.6%

  Net Yield

€ 148 000

        Starting Price

Q2 2024

        Completion Date

This is a boutique residence consisting of 9 high-specification studios and one-bedroom apartments in Leipzig’s up-and-coming Lindenau neighbourhood. The building is being expertly refurbished by the specialist developer, a family run business in Leipzig since 1991, completing over 6,000 sqm of high-quality real estate to date. Equipped with a fully fitted modern kitchen, high-end bathroom and sunny balcony, each apartment will have access to the private landscaped garden, including a barbecue and seating area. The development is within a short walk to the tram line and bus stop, providing access to the city centre in fifteen minutes.

 

Less than 4 kilometres from Leipzig’s city centre, the districts of Lindenau and Old Lindenau are the two most centrally located districts of the wider Old West borough. Formerly the industrial core of Leipzig, the districts have turned into a lively and hip cultural area with a thriving art scene. Old factories are visible traces of its industrial past, of which some have been converted into office space, creative spaces, and more. The area’s sense of community is especially felt at the Phönix1894 community garden where beautiful flora & fauna can be found complemented by various gathering spaces.

Key Points

  • Reservation deposit €3,000

  • Studio prices from €148000

  • 1 bed prices from €312,000

  • Less than 4 kilometres from Leipzig’s city centre, the districts of Lindenau and Old Lindenau are the two most centrally located districts

  • The districts have turned into a lively and hip cultural area with a thriving art scene

  • Each apartment will have access to the private landscaped garden, including a barbecue and seating area

  • Within a short walk to the tram line and bus stop, providing access to the city centre in fifteen minutes

Buying property in Leipzig, Germany

60km south of Berlin, the city of Leipzig is situated at the confluence of two great historical continental trade routes, the east-west Via Regia and the north-south Via Imperii. The city therefore became a flourishing trading centre and economic hub in the 14th century, developing a rich culture
and a leading educational role within Germany. Founded in 1409, the University of Leipzig is the second oldest university in Germany and one of the oldest in Europe.

Leipzig quickly became a hub of innovation, giving rise to the world’s first daily newspaper published in 1650. The first high speed printing press in Germany was later invented here in 1829, along with steam powered production machines which revolutionised the textile industry. At the vanguard of commerce and technological development, the first long distance railway line in Germany stretching from Leipzig to Dresden came into operation in 1838. This laid the foundations for the city’s industrial development, and by 1915 Leipzig Central Station was the largest rail station in Europe.

Development Specification

Kitchen

  • Tiled splashback, soft-close doors / drawers

  • Integrated oven with grill function and microwave

  • Induction hobs with touch control panel and extractor hood

  • Integrated refrigerator and freezer (approx. 1.20m high) and dishwasher

Bedroom

  • Wooden flooring

  • White walls

Bathrooms & en-suite

  • All sanitary fittings to be Keramag (or equivalent) with Grohe (or equivalent) fixtures

  • Tiled floor and wash areas and wash basin (600mm × 480mm) with single-lever mixer

  • Mounted Toilet with Grohe flusher (or equivalent)

  • Steel build-in bathtub with a shower set with adjustable hand shower, hose and chrome-plated wall bracket

General

  • Outdoor parking spaces for bicycles and underground storage area for each unit

  • Barbecue area / playground area

  • Outdoor area is greened and planted with native plants and shrubs

  • Front doorbell with intercom system

Walk

The Cafe Damage             2 mins

Community Garden         3 mins

Lidl Supermarket              4 mins

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Drive

Leipzig Zoo                                  12 mins

Opera Leipzig                              15 mins

Botanical Garden Leipzig          18 mins

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Train

Museum of Fine Arts                         21 mins

Leipzig University                               25 mins

Madler- Passage (Shopping Centre)27 mins

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Cycle

Marktplatz Leipzig              15 mins

St Nicholas Church             15 mins

Leipzig Central Station        16 mins

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Further Information
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Schedule an Appointment
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