We sell individual, ready-to-rent apartments — furnished, managed by a professional company, and already generating a stable income. Fixed price, transparent terms, minimal operational burden for the investor.
Building is residential complex with great development potential in the tradition-steeped town of Zitau. The property consists of three separate residential buildings, which were built in the neoclassical style at the beginning of the 20th century. All buildings are on the list of historical monuments, which not only offers tax advantages for reconstruction, but also preserves the historical character. Preferred use of buildings: guest apartments, guest house, elderly care services.
Each building has three full floors and two spacious attics, which can provide additional high-quality living space if renovated accordingly. The current living space of each house on the three main floors is around 330 m2, including the attic floors, which increase to around 450 m2. And 990 m2 and 1350 m2 are three houses each.
Why it is profitable and safe
- Only individual sales. You buy a specific apartment — you do not bear the risks and costs for the entire building.
- Ready for turnkey delivery. The apartment is fully furnished and ready for rent — you can start earning income immediately after registering ownership.
- Professional management. All lots are transferred to the management company: rent collection, ongoing maintenance, tenant selection and management — everything is included.
- Transparent fixed price. No hidden fees — calculations are clear in advance.
- Documented income. Payments are fixed, and the management company keeps records — you receive regular payments and reports.
- Low entry threshold. Piece-by-piece purchase lowers the barrier to investment and provides flexibility: from a single apartment to building a portfolio.
Available lots:
| Number of room | Status | Square, m2 | Price | Profitability |
|---|---|---|---|---|
| 1 | Sold | 73.06 | 69 398 € | 9,16% |
| 2 | Free | 86.54 | 81 998 € | 9,07% |
| 3 | Free | 76.12 | 71 998 € | 9,17% |
| 4 | Sold | 72.34 | 68 698 € | 8,92% |
| 5 | Free | 68.71 | 64 998 € | 9,23% |
| 6 | Sold | 78.46 | 74 798 € | 9,04% |
| 7 | Free | 83.21 | 78 998 € | 9,11% |
Location
The residential complex is in an excellent location – just a 5-minute walk from the historic town center and the popular large lake. The city of Citau is known for its prestigious university, which attracts numerous students, lecturers and international guests every year. The region is one of the most charming areas of old Saxony and is becoming increasingly popular with tourists, students and families.
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