As featured in the Financial Times and Sunday Times.
Quality German Property For Sale in LeipzigPlagwitz
Plagwitz is predicted to be the next trendy neighborhood in Leipzig.
The former Industrial area is a prominent player on the city art scene. Loft apartments and galleries are opening up along the Karl Heine canal, boosted by government investment. Town houses can be bought from €180.000 – 250.000, and there is an increasing demand from owner occupiers for such units. Rental levels are still low for the city, at around 4.5 Euro per sqm but are on the increase. The rent of a typical 2 room, 50 Sqm apartment renting for 220-250 Eur net per month and typical yields for investors tend to range from 8-11% net. Population is set to increase by up to 10% between 2006-2012.
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