| Type | Block of flats |
|---|---|
| Living area approx. | 298 m² |
| Plot area | 804 m² |
|---|---|
| Usable floor area | 115 m² |
| Purchase price | 819.000 € |
|---|---|
| Price per m² | 2,748.32 €/m² |
| Commission | 5,95% |
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More financing calculators and assumptionsAn interesting opportunity for investors: This apartment building in Mönchweiler combines six independent residential units, good rental potential and investments already made in the property's future viability.
Originally, the building consisted of four residential units, which are in a normal and well-maintained condition. Each of these apartments has its own balcony and an allocated parking space – features that represent real added value, particularly for long-term letting.
The expansion of the residential inventory is particularly interesting: The attic was fully converted and supplemented on each side of the building with a new 2-room apartment. This included, among other things, insulating the attic and installing new roof windows and additional new windows. This means that a total of six separately rentable residential units are now available.
For investors, the division into six units means attractive diversification of rental income while simultaneously reducing dependence on individual tenancies. The different apartment sizes also provide a good basis for broad tenant demand.
Investment has also already been made in the technical systems: A new heat pump system supplies the building with heat, and parts of the electrical wiring have also been renewed.
The result is an apartment building with a solid existing structure, six readily rentable units and further long-term development potential – an interesting basis both for traditional investors and for long-term-oriented property holders.
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