| Type | Flat |
|---|---|
| Living area approx. | 135 m² |
| Rooms | 6 |
|---|
| Purchase price | 429.000 € |
|---|---|
| Price per m² | 3,177.78 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsFlexible living or smart investment – exceptional condominium with two residential units
For sale is a well-maintained and versatile condominium with a total of approx. 135 m² of living space in a solid apartment building dating from 1977. The building was constructed using solid construction methods and is in very well-maintained condition.
What makes this property special: Originally designed as a spacious family apartment, the unit has been divided into two self-contained residential units. Both apartments are reliably rented out and already generate annual net rental income of €17,640. This makes the property suitable both as an attractive investment and, in the future, for owner-occupiers, multigenerational living, or a combination of living and renting.
Spacious 3.5-room apartment with approx. 101 m²
The main apartment impresses with its spacious, light-filled living area, which offers direct access to the sunny south-facing balcony and creates a pleasant living atmosphere.
The separate dining room ideally connects the living area and kitchen and offers ample space for shared meals, family celebrations, or sociable evenings with friends.
The peacefully situated bedroom has access to the second, north-facing balcony and offers a pleasant retreat, especially during the summer months.
The spacious kitchen offers a variety of design options. Adjacent to it is a practical storage room that is ideal for use as a pantry or additional storage space.
The bright bathroom with natural light is equipped with a bathtub and shower and ensures a high level of living comfort.
Separate 1-room apartment with approx. 34 m²
The second residential unit comprises approx 34 m² and has a living and sleeping area, its own kitchen, and a bathroom with shower.
It is ideal for renting out and therefore offers attractive additional income. Alternatively, it can be used as an in-law apartment for family members, a guest area, home office, or practice. The separate layout offers the greatest degree of flexibility.
Attractive rental income
The apartment is fully rented out and already generates ongoing rental income:
Large residential unit (approx. 101 m²): €11,400 annual net rent
Small residential unit (approx. 34 m²): €6,240 annual net rent
Total annual net rent: €17,640
The property therefore offers an immediate income stream and is suitablean excellent long-term investment.
Your highlights at a glance
✔ Approx. 135 m² of living space
✔ Two self-contained residential units
✔ Both apartments reliably rented out
✔ Annual net cold rent: €17,640
✔ Ideal for investors and potentially also for owner-occupiers
✔ Option to combine owner-occupation and renting
✔ Perfect for multigenerational living or working from home
✔ Two balconies facing south and north
✔ Bright bathroom with natural light, bathtub and shower
✔ Practical storage room/pantry
✔ Underground parking space included (one additional space available as an option)
✔ Private basement storage unit
✔ Well-maintained apartment building of solid construction
Conclusion
Whether as a high-yield investment or with a view to future owner-occupation – this property impresses with its exceptional flexibility and existing, secure rental income. The combination of two self-contained residential units, an attractive living area of approx. 135 m² and an annual net cold rent of €17,640 makes this a rare opportunity.
See for yourself the many possibilities this special property offers during a personal viewing. We look forward to hearing from you!
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429.000 € Investment property with potential – 2 rented residential units + underground parking space | 135 m² | €17,640 annual net rent92318 Neumarkt– Neumarkt in der Oberpfalz
310.000 € Beautifully renovated 4-room terrace apartment incl. fitted kitchen + garden share + garage92318 Neumarkt– Neumarkt in der Oberpfalz
