| Living area approx. | 50 m² |
|---|---|
| Bedrooms | 1 |
| Rooms | 2 |
|---|---|
| Bathrooms | 1 |
| Plot area | 934 m² |
|---|
| Purchase price | 183.119 € |
|---|---|
| Price per m² | 3,682.26 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsBuilding description – Condominiums as an investment Magdeburg - Assisted living
- Construction: Multi-storey residential block built using prefabricated panel construction, usually with precast reinforced concrete elements (panels).
- Walls: Exterior walls consist of large-format concrete panels, often finished with plaster or cladding.
- Roof: Flat roof with waterproofing in accordance with DIN standards. Ideal for solar and photovoltaic systems in a raised-frame construction
- Façade: Exterior appearance of the row of houses: Modernized in the 1990s, partially with external wall cladding and balconies, façade painted in the mid-1990s - 1/2 block
Senior living area with simple plaster façade, repainting planned
- Interior: The apartments for sale have been modernized internally. This includes the bathrooms, fitted kitchen, replacement wallpaper and laminate flooring in a wood look
Property type: Investment property in the assisted living sector
Total number of units: 103 apartments - approximately 10% still available for sale.
Apartment sizes: currently 2 units still available, types 50.62m2 and 62m2
Location: Magdeburg, Elbe island “Werder” – central, green residential location with excellent leisure amenities and urban infrastructure
Building & Modernizations
The building was constructed in 1967 and extensively renovated in the 1990s.
In 2024, the seller carried out further modernization of the apartments, including:
Renovation of the sanitary areas
New flooring in the residential units
The apartments are therefore in a modern and well-maintained condition.
Operator & Lease Agreement
The facility is operated by an experienced, established provider in the care and assisted living sector with:
90 locations nationwide
9,900 clients receiving care
5,200 employees
There is a 20-year lease agreement with two 5-year extension options.
This ensures regular income for investors through guaranteed rental payments.
Your advantages as an investor
Long-term rental security through a fixed lease agreement
Return: approx. 4% p.a. guaranteed based on existing contracts. Lease agreements concluded with the master tenant in 2023/2024; some apartments have a direct lease agreement with the seller. These will transfer to the master tenant upon purchase. This results in a rental guarantee for a period of 20 years plus an option to extend twice by 5 years.
Tax allocation: 4% to land and 92% to building value
included in the purchase price is a partial amount of 4,300 euros for theFitted kitchen
Purchase with almost no equity capital - 100% financing - Ancillary purchase costs, real estate transfer tax and notary fees must be paid from equity.
No rental management, no service charge statements – the operator takes care of everything
Inflation-proof investment in a growing market of the future (care & senior living)
Solid, sustainable investment with clearly calculable returns
Particularly sought-after locations with views of the Elbe and cathedral, as well as green surroundings
Note on the calculation of the rental yield:
The rental yield calculation refers to the period from receipt of the full rental income, i.e. from receipt of the total rent (first rent payment).
For reasons of simplicity, the calculation does not take into account the interest and compound interest benefits of rental income received during the year.
Likewise, management costs, the maintenance reserve and ancillary purchase costs have not been included in the calculation.
Conclusion
These condominiums on the Elbe island “Werder” offer more than just an investment,
they combine attractive returns, long-term security and a special quality of location.
Benefit from a reliable operator, a long-term lease, demand regulated by the state and an excellent location with nature, water views and urban comforts.
No buyer’s commission - Your real estate agency is personally here on site for you, advising, supporting and arranging your investment so that your property purchase is a sound investment for the future.
Currently still with bonus: Seller may cover the ancillary costs upon request. Promotion runs from September to early October
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