| Type | Flat |
|---|---|
| Living area approx. | 40 m² |
| Rooms | 1 |
|---|
| Rent excluding bills | 317 € |
|---|---|
| Purchase price | 110.240 € |
| Price per m² | 2,756.00 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsFor sale is a compact one-bedroom apartment in a multi-family building in Erfurt’s Andreasvorstadt district. The building was constructed around 1900 and renovated in 1994 and 1997. The property is located on a quiet residential street in Andreasvorstadt, surrounded by mature trees and well-maintained, partly historic residential buildings.
The unit is located on the 2nd upper floor of the building and offers approximately 40 m² of living space. The unit features a practical living and sleeping area whose open design provides considerable flexibility in furnishing. Large windows let plenty of daylight into the room, creating a bright, welcoming atmosphere.
The separate kitchen and bathroom are accessed from the living area. A small storage room within the apartment provides additional storage space.
The apartment has been rented out indefinitely since 01/09/2019.
Taking into account the tax effects of an appraisal of the remaining useful life, this results in additional annual depreciation of EUR 752.89. With a marginal tax rate of 42%, the return increases to 4.13% with the rent remaining unchanged (see target rent).
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