For sale: 1-room. apartment in Passau (Germany) – 37 m2 – 15 000 �

For sale: 1-room. apartment in Passau (Germany) – 37 m2 – 15 000 �

For sale: 1-room. apartment in Passau (Germany) – 37 m2 – 15 000 �
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A cozy studio apartment is located on the second floor of a residential building located in Bavaria, half an hour’s drive from the border with the Czech Republic.
In the immediate vicinity of the house you can find a school, a kindergarten, branches of several large German retail chains and other necessary infrastructure for life.
The apartment has an area of 37 m & sup2; divided by:
living room (26.87 m? sup2)
Bathroom with bath and toilet (3.66 m? sup2)
The apartment has a separate basement for storing things.
According to the seller, at the moment the apartment is rented for a long-term lease and brings about 4.000 per year.
The apartment is currently in the external competition management and will be sold directly by the bank through a court to a new investor.
The object is offered by the bank at a residual value and will be transferred to the new owner absolutely without any debts.
According to forecasts of specialists of our company, during the judicial bidding the price can be further reduced by 10-15%, which further increases the investment attractiveness of this apartment.
Our company is ready to provide all necessary services for negotiations with the court and the seller-owner, competent legal clearance and after-sale management of the facility.
Including the design of a possible residence permit.
Distance to Intl. Airport Munich: 155 km (1 hour 40 min by car)
Passau is a small city located in the southeast of Bavaria on the border with Austria and the Czech Republic, it is one of the most beautiful cities in Germany, the streets and squares of which are built up by excellent Italian Baroque and Renaissance buildings.
But the main attraction of Passau, its feature is that the city is located on the banks of three rivers, each of which is distinguished by the color of the waters.
The rivers are called Blue Danube, Green Inn and Black Ilts. Where Inn and Ilts flow into the Danube, from its high steep bank you can see the different colors of the waters. At the confluence of rivers formed peninsula, a sharp cape crashing into colored river water.
Therefore Passau is often referred to as & bdquo; Dreifl & ssestadt & ldquo; – & is a city of three rivers & raquo; or “Bavarian Venice”.
Passau – whose historical center is located on the peninsula – is similar to a large ship, proudly looking forward. It seems that the ship city will now smoothly sail off and, cutting with the nose of the water, will move along the wide fairway, admiring the excellent scenery.
The city of Passau is also beautiful, like its rivers. Only here the Danube is such a beautiful blue color. This is not a poetic image of a river famous for Strauss waltz. This is her real, true blue color!
The history of the city goes back to ancient times, the Celts lived here millennia ago, and in the 80s AD. the Romans founded two castles – Boetro and Batavia, which were of great strategic importance. And the name of the castle of Batavia was borrowed from the name of the city – Passau.
Tourism in Passau has always flourished, because it is one of the oldest and most beautiful Bavarian cities. From April to October, you can take a boat trip along three rivers, since it is from the water that the best panoramas of the historical part of the city open.


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