Bad Doberan: Well-maintained condominium with a large balcony, parking space and two storage rooms

Key facts

Purchase price & costs

About this apartment

This well-maintained condominium is located on the first floor of a quiet and well-maintained condominium owners’ association in an attractive residential area of Bad Doberan. Completed in 1996, the residential complex consists of two apartment buildings, each with only five residential units, providing a pleasant, manageable living environment. The property is also in good energy condition: With a final energy consumption of 76 kWh/(m²·a) and energy efficiency class C, it combines contemporary living comfort with solid energy quality. The apartment is available immediately and will be handed over free of rental and lease agreements—ideal conditions for both owner-occupiers and investors.

With approximately 69.36 m² of living space, the apartment offers a well-designed layout with bright and welcoming rooms. The spacious living and dining area forms the center of the apartment and provides direct access to the approximately 10 m² balcony (floor area). This extends the living area outdoors and creates an ideal place to relax. While the covered balcony area provides pleasant protection in changeable weather, an awning in the open area offers individually adjustable shade on sunny days. This makes the outdoor area comfortable to use for much of the year.

The accommodation is complemented by a bedroom, a separate kitchen, a functional hallway and a daylight bathroom. It is equipped with a bathtub, shower, washbasin, WC and washing machine connection, thus meeting all the requirements of modern living comfort.

The two storage rooms are particularly practical: A storage room of approximately 1.86 m² inside the apartment provides space for supplies and household items. In addition, a separate storage room in the attic with approximately 6.26 m² of usable floor space is available—ideal for seasonal items, sports and leisure equipment or luggage.

A private parking space directly on the property completes the offer. Efficient heating is provided by the gas condensing boiler renewed in 2016, which combines modern heating technology with economical energy consumption.

Whether as a comfortable primary residence or a long-term investment, this condominium impresses with its well-designed layout, well-maintained overall condition and attractive location not far from the Baltic Sea coast.

Interesting for investors

From an economic perspective, this also offersProperty offering compelling prospects. Assuming a market-standard reletting at €13.00/m² of living space and a monthly parking space rent of €50.00, the following exemplary rent calculation results:

Exemplary rent calculation
Living space 69.36 m² × €13.00/m²€901.68
Car parking space€50.00
Monthly net cold rent€951.68
Annual target net cold rent€11,420.16

This calculation serves as a non-binding rental example. The rent actually achievable depends on the respective market situation and the timing of the rental.

A particular advantage for investors is the immediate availability of the apartment. Since it is handed over free of tenancy and lease agreements, it can be rented out at market-based conditions immediately after acquisition or used flexibly by the owner.

Sustainable wealth accumulation through land and property

By acquiring this condominium, you are not only investing in high-quality living space, but also in a co-ownership share of 989.52/10,000 in the total property of the residential complex. This land share represents a sustainable asset, as land and soil – unlike buildings – are not subject to technical wear and tear.

The residential complex is situated on a total plot of approximately 1,272 m². Based on the current standard land value of €265/m² (valuation date 01/01/2025), this results in a calculated land value of approximately €337,000. The co-ownership share attributable to this apartment therefore corresponds mathematically to approximately 126 m² of land with a land value of around €33,400.

Particularly in sought-after residential locations such as Bad Doberan, land values often develop positively and form a substantial component of long-term wealth accumulation. This frequently underestimated latent asset complements the ongoing rental income and contributes significantly to the value stability of the investment as a whole.

Thus, this property impressively combines quality of living, modern fittings and economic appeal. The spacious balcony, two practical storage rooms, heating technology modernized in 2016, good energy efficiency, private car parking space and value-retaining land share make this condominium a sustainable investment – whether as a comfortable primary residence or as a long-term capital investment.

Location