Sebnitz, Saxony 01855

Reference: UAJM-T3333. Building with 8 Apartments For Sale in Sebnitz Germany Esales Property ID: es5555023 Lange Str. 53-39, 01855 Sebnitz, Germany Multi-Unit Investment Opportunity: 8-Flat Residential Building in Sebnitz, Germany Located in the historic 'Silk Flower City' of Sebnitz, Saxony, this substantial residential building offers an exceptional entry point for investors or developers looking to capitalize on the German real estate market. Positioned in the scenic Southeast of Germany, right on the doorstep of the Saxon Switzerland National Park, this property is being sold as a complete building with significant value-add potential. The Property Overview This is a traditional four-story residential block featuring an additional loft space and a full basement. The building is currently unfurnished and in need of renovation, providing a blank canvas for a developer to modernize the units for the high-demand rental market or for individual resale. The structure is composed of 8 independent flats, with two apartments per floor across the first four levels. There is a loft space suitable for a potential studio flat and a full basement of approximately 114 square meters, currently divided into individual storage units for tenants. Additionally, the property includes a communal garden at the rear, providing a private green space for residents to enjoy. Floor-by-Floor Specifications Each of the eight primary apartments follows a practical 1-bedroom, 1-living room, and 1-bathroom layout. The living space is distributed as follows: The ground floor contains two flats of 55 and 43 square meters. The first and second floors each contain two larger flats of 63 and 51 square meters. The third floor features two flats of 60 and 48 square meters, and the loft provides approximately 63 square meters of additional space. With common areas and the basement included, the total building size is approximately 633 square meters. Exterior and Views The property offers a balanced urban-nature setting. The front of the building overlooks a quiet local street, while the rear units and communal garden enjoy peaceful views of lush greenery and surrounding gardens. This rear garden provides a tranquil outdoor retreat, a highly sought-after feature for long-term tenants in this region. Strategic Location Sebnitz is a primary hub for outdoor tourism, attracting thousands of visitors annually to the nearby Elbe Sandstone Mountains. The building's location offers an ideal outdoor lifestyle with immediate access to world-class hiking and climbing. It is also well-connected, sitting approximately one hour from Dresden Airport (DRS) and two hours from Prague (PRG). Investment Summary This is a full residential building consisting of 8 flats plus a loft. It is being sold as an unfurnished renovation project with a total size of approximately 633 square meters. The asking price is 40,000 (or the Euro equivalent). At this price point, the property represents a remarkably low-cost acquisition in a stable European market, offering high potential for holiday rentals or long-term residential leasing. ABOUT THE AREA Sebnitz, known as the 'City of Silk Flowers,' is a charming town nestled in the Saxon Switzerland-Eastern Ore Mountains district of Saxony, Germany. Situated right on the border with the Czech Republic, it serves as the primary gateway to the Saxon Switzerland National Park, an area world-renowned for its dramatic Elbe Sandstone formations and deep forest canyons. The town itself is steeped in a unique artisanal history; for centuries, it has been a global hub for the handcrafted production of artificial flowers, a tradition preserved today at the 'Deutsche Kunstblume Sebnitz' workshop and museum. The architectural character of Sebnitz reflects its prosperity as a former textile and manufacturing center, featuring a beautifully restored town square surrounded by colorful townhouses and historic industrial buildings. Beyond its urban center, the town i