The historical Stadtpalais, or City Palace, built around the year 1900, counts as a striking example of the architectural culture of that epoch. This is an extraordinarily elegant cultural monument within the meaning of § 2 of heritage preservation regulations for the state of Saxony which, from 2010, will be converted into exclusive apartments during the course of development measures. Five generously proportioned residential units will be created in these old walls with a total floor area of around 1,400 m2 and a high standard of comfort. These 2- to 6-room apartments will be sized from 63 m2 to 266 m2 and completed with a modern fit-out. This includes high-quality bathroom fittings, solid wood parquet floors and balconies. The apartments will be ready for occupation by the beginning of 2011.

With its sophisticated historical buildings in the direct vicinity of Clara-Zetkin-Park, Ferdinand-Lassalle-Straße counts as one of the top addresses in central Leipzig. These architecturally-sophisticated, predominantly classical houses are typical of the classy character of the quarter. Besides the linear depreciation, the purchaser can claim increased allowances for listed property depreciation (allowance according to §§ 7 i and 10 f of EStG approximately 73% of production costs). For this reason, the apartments are of particular interest to owner-occupiers and capital contributors.