| Type | Block of flats |
|---|---|
| Living area approx. | 1915 m² |
| Bedrooms | 43 |
| Rooms | 86 |
|---|---|
| Bathrooms | 43 |
| Plot area | 3380 m² |
|---|---|
| Usable floor area | 1915 m² |
| Purchase price | 1.950.000 € |
|---|---|
| Price per m² | 1,018.28 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072459
This well-maintained apartment building, constructed in 1973, represents an attractive investment for investors seeking sustainable rental income and long-term stable letting. With a total residential area of approx. 1,915 m², the building comprises a total of 43 residential units. Three apartments are currently vacant, resulting in a vacancy rate of around 6%. The property currently generates annual net cold rent of approx. €139,308, thus already providing a solid income base as well as additional potential through the re-letting of the vacant units.
The property is visually well maintained overall and leaves a generally good impression. The residential units are in an appealing condition and offer contemporary living comfort, supporting sustainable lettability. The communal areas and cellar rooms are also orderly and well maintained, contributing to the property's positive overall appearance. All residential units have a balcony, which enhances living comfort and increases the appeal of the apartments for both existing and future tenants.
Overall, this is a well-maintained apartment building with a solid income base, continuous maintenance and attractive additional income opportunities. The combination of a large residential area, 43 residential units, manageable vacancy of around 6% and numerous balconies makes the property an interesting investment opportunity for investors who, in addition to ongoing rental income, place particular value on further potential for rent increases and value creation.
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