Town house for sale in Görlitzer Straße, Reichenbach, Görlitz, Saxony, Germany

02894 Reichenbach O.L., Görlitzer Straße 26

Directly neighbouring and behind the ancient church wall surrounding the historically-important 12th-century St. Johannis evangelical church, our featured property presents a value-rich opportunity for an investor looking for a solid return with growth potential while at the same time offering a chance to own a unique piece of history. This two-story residence has had many modernizations done since German reunification and is currently let as a single-family residence. The loft space is undeveloped but could be converted with appropriate planning permissions.

The property was partially modernized in the mid 1990’s; the bathrooms, electrical and sanitary systems were updated as well a connection established to the city wastewater system. A gas-fired central heating system was installed in the early 2000’s as well many of the wooden windows were replaced with insulated double-glazed units.

The large city of Görlitz is only a 20-minute drive away while the easy-to-access major motorway A4 brings travellers to the culturally-significant Sachsen capital of Dresden and its International Airport in about an hour. All basic daily needs are covered just footsteps away from the doorstep, the main town square is approximately 300 meters away.

This character-filled property has been let to a family since 2017, net rental is 499,00 Euros per month. The property is presently professionally managed by a Dresden-based management company. German Rental regulations are significantly different than those found in the United States or United Kingdom, please contact us for all the details and get the facts first as opposed to surprises later!

The ownership of property in Germany is open to all nationalities. Although all of our transactions are in Euros as a requirement of domestic finance regulations, through our many years of experience and in working with professional international currency-exchange service providers we are able to offer Customers safe and transparent payment methods from practically any currency around the world, including Bitcoin!

We are pleased to bring you a variety of investment opportunities that will appeal to a variety of investment goals. We are more than just a Seller of German property: Through our many years of experience and physical presence in Germany we can offer Customers qualified services before and after the sale. We take pride in full disclosure and we look forward to hearing from you with your questions.

Property Management Services

P2L Immobilien ag in cooperation with our exclusive partners in Germany are pleased to offer comprehensive property management services and consulting for our international Clients. If you presently own German property or are planning to own in the future please be sure to take advantage of our years of experience in making the right choices in maximizing your returns and meeting your long-term investment goals. We offer a variety of service levels as well can custom-tailor a package of services that are right for you- we provide all of our services in the English language and are fully licensed and insured in the city of Leipzig, Germany pursuant to Section 34cGewO (Trade Regulation Code).

Grundsteuerreform 2022 – Property Tax Reform Act 2022- have you heard of it?

If you were the registered owner of a piece of real estate in Germany on the date 1 January 2022 then you, as property owner, are required to submit a supplementary tax declaration to the appropriate regional Finance Office consisting of a comprehensive submission of information to assist the Tax Office in overhauling the property tax assessment process. This is a Federal mandate and applies to real estate of any kind in all of the German States. The deadline for submission of this required disclosure was 31.January 2023 however a large percentage of submissions remain open- authorities are threatening a variety of financial penalties if the remaining declarations are not made.

Are you required to file? Contact us today to determine your status and enquire on how we can assist you in coordinating the submission of the necessary Property Tax Reform declaration as soon as possible to avoid future penalties in the future.