| Type | Block of flats |
|---|---|
| Living area approx. | 649 m² |
| Year built | 1995 |
| Bedrooms | 9 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 20 |
| Bathrooms | 9 |
| Heating | Central heating |
| Fuel type | Gas |
| Plot area | 1192 m² |
|---|---|
| Parking spaces | 11 |
| Condition | Well kept |
| Floors in the building | 3 |
| Purchase price | 1.849.000 € |
|---|---|
| Price per m² | 2,849.00 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsThis attractive property is a well-maintained, two-storey, solidly constructed multi-family house with a gable roof and a full basement. The property offers 9 well-designed apartments of varying sizes; each apartment has a basement room and a large balcony, and the two large maisonette apartments each have their own garden. With 5 underground parking spaces, 4 parking spaces in front of the house and a separate garage with carport, there is sufficient space for vehicles. The house was built in 1995 and is heated by a new central gas heating system.
The price for the property including the plot is 1,849000 euros. The property is fully rented; there have been/are no rent arrears, and the current tenant structure can be described as very homogeneous.
Net rental income amounts to €77,421.60 p.a., meaning: approximately 4.19% return!
Hot water is supplied in the individual apartments via instantaneous water heaters; most have already been replaced with electronic units.
From 2021 onwards, extensive renovation work was carried out following the flooding.
New coverings have just been installed on six balconies; new slabs will be installed on the remaining three balconies at the end of 2026.
A Brötje gas condensing heating system was newly installed, as was a KSB lifting system.
In the two basement-level apartments, the bathrooms were completely renovated, as were the floor coverings, radiators and interior doors; triple-glazed plastic doors and window elements were also installed.
The remaining wooden doors and windows are double-glazed and still in good condition.
The caretaker also lives in the building and takes care of the small everyday tasks in and around the building. He receives no benefits but is paid as a mini-jobber, with the costs apportioned among all rental parties.
After the tax holding period, the property is being offered for sale without urgency from a broker’s private portfolio, commission-free.
An economic transfer would therefore be possible at any time.
All ancillary building costs for 2026 have already been paid!
Due to the owner’s stays abroad, the property is only ever placed on the market temporarily!
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The property is located in a lively area in Erftstadt-Liblar. Several bus and railway lines operate nearby. Doctors, supermarkets, cafés, a shopping centre, kindergartens, all schools, a hospital and care homes for the elderly are within walking distance. There are also various green spaces and parks, gyms, sports facilities, fashion shops, a library, a bookshop and a music school. Kindergartens and all schools are located in the area, as is a Waldorf school. The construction of a university in Liblar for around 550 students is underway; the campus is scheduled for completion in 2026 and will further enhance the location, serving as a positive indicator for increases in rents and property values.
The A1/61 motorways are only around 2 km away, Cologne is around 20 km away and the airport is 35 km away.
In summary, the infrastructure can be described as very good.
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