| Living area approx. | 80 m² |
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| Rooms | 1 |
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| Purchase price | 339.000 € |
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| Price per m² | 4,211.18 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsHi everyone,
I am selling a condominium from my own portfolio: 80 m², completely renovated by me in 2024, fully rented as a furnished 4-person shared flat, €24,120 annual rent, 6.03% yield — a five-minute walk from Nuremberg University of Technology. Private sale, no agent, no commission.
The figures
- Rented for €2,010 per month including ancillary costs, around €500 per room — standard market rate for furnished shared-flat rooms in this location.
- Service charge €408/month, of which €85 is allocated to the maintenance reserve — not an expense, but assets that remain in the property and transfer with it.
- Net €20,248 per year at a purchase price of €336,000 = 6.03% yield.
- Four tenancies instead of one: if someone moves out, 25% of the rent is lost, not 100%. Rooms are re-let by semester, not at random intervals.
- Remaining useful life assessment is available and has already been recognized by the tax office: 3.45% depreciation instead of 2.0%, with 29 years of remaining useful life. Available for inspection by arrangement.
It runs without you
The condominium management is set up and can be taken over: re-letting the rooms, tenant selection, handovers, accounting, ongoing tenant contact. For a buyer, this means a genuine investment property without any personal effort — even from afar.
Why the rooms remain occupied
Nuremberg University of Technology Georg Simon Ohm is a five-minute walk away, with around 13,000 students right on the doorstep. Demand for shared-flat rooms is renewed every semester here. The shared flat is currently fully occupied.
All documents are complete: tenancy agreements, declaration of division, minutes, service-charge statements, remaining useful life assessment. Send me a quick message and I will send you the package — or we can arrange a viewing appointment directly.
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