| Type | Block of flats |
|---|---|
| Living area approx. | 183 m² |
| Bedrooms | 3 |
| Rooms | 9 |
|---|---|
| Bathrooms | 3 |
| Plot area | 889 m² |
|---|---|
| Usable floor area | 350 m² |
| Purchase price | 948.000 € |
|---|---|
| Price per m² | 5,180.33 €/m² |
| Commission | 3,57 inkl. MwSt. |
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 assumptionsHamburg existing properties with a spacious plot and additional development potential are among the most sought-after investment properties on the market.
On a plot of approx. 889 m² stands this well-maintained apartment building with a total of three residential units as well as twelve garages and two outdoor parking spaces. The combination of ongoing rental income, additional garage income, and the spacious plot offers investors a solid foundation with long-term prospects.
The current annual net cold rent amounts to around EUR 37,596. At the same time, significant investments have already been made in recent years. Among other things, the gas central heating system was renewed in 2020, the windows were replaced, and cavity insulation was installed. As a result, the property presents itself in a well-maintained and economically well-kept condition.
The spacious plot is particularly interesting and – subject to a review under building law – could open up attractive prospects for future densification or plot development.
A rare opportunity for investors who are not only focused on today's return, but above all on the long-term development of an existing Hamburg property.
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