| Type | Flat |
|---|---|
| Living area approx. | 59 m² |
| Rooms | 3 |
|---|
| Plot area | 1955 m² |
|---|
| Purchase price | 169.000 € |
|---|---|
| Price per m² | 2,864.41 €/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 assumptionsThe extensively and high-quality renovated existing property dating from 1972 offers approximately 811 m² of living space on a plot of approximately 1,711 m². The building extends over four full floors and comprises a total of twelve apartments. Each apartment has a rear-facing balcony and an assigned basement storage room. In addition, parking spaces or garages are available for all tenants.
The property has been subdivided under the German Condominium Act, allowing individual apartments or multiple units to be purchased. With the guaranteed minimum rent of €9.50/m² in, all apartments offer an initial gross yield of at least 4.3%. In some cases, the rent is even higher.
Of particular interest to investors is undoubtedly the fact that a local savings bank has already appraised the property and, subject to appropriate creditworthiness, is happy to provide 100% financing without any further review of the property. The property also benefits from the increased depreciation allowance (AfA) of 3.5% annually, enabling investors to benefit from improved tax depreciation options and faster tax relief.
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217.500 € High-Quality Investment Property at Neurath Lake!41517 Grevenbroich
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