| Type | Flat |
|---|---|
| Living area approx. | 77 m² |
| Bedrooms | 2 |
| Rooms | 3 |
|---|---|
| Bathrooms | 1 |
| Rent excluding bills | 675 € |
|---|---|
| Service charge | 50 € |
| Total rent | 975 € |
| Purchase price | 189.000 € |
| Price per m² | 2,454.55 €/m² |
| Commission | 3,57% |
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More financing calculators and assumptionsThis well-maintained 3-room condominium on the second floor of an apartment building from 1970 impresses with durable construction quality, a practical layout, and a quiet residential location in Bad Kreuznach. With a living area of around 77 m², it offers both investors and owner-occupiers a long-term investment in a sought-after area.
The generously proportioned living and dining area offers ample space for a cozy seating area and a dining table. Large windows let in plenty of daylight and open up the view of the balcony, which invites you to spend time outdoors on warm days.
Two further rooms can be used flexibly as a bedroom, office, or children's room and offer enough space for individual needs. The bathroom with bathtub, as well as a separate WC, are well maintained and practically laid out. An additional storage room within the apartment, as well as a corresponding cellar room in the basement, provide useful storage space. Laminate flooring has been laid in all living areas, creating a pleasant and welcoming atmosphere, while the hallway and bathrooms are tiled.
Heating is provided by a central gas heating system (built in 2007). The property was also completely gutted and renovated in 2007/2008, meaning that both the technical equipment and the building structure were extensively modernized.
As part of a comprehensive renovation of the entire building in 2007/2008, numerous modernization measures were carried out. These include: new roofing for the pitched roof, thermal insulation of the roof area, facade insulation (100 mm ETICS), installation of new plastic windows with heat-insulating glazing, a new entrance door system with intercom and mailbox system, installation of a new boiler system with domestic hot water storage tank, modernization of the electrical installation including basement, stairwell and outdoor lighting, new paintwork on the ceiling and wall surfaces in the stairwell, and new galvanized balcony railings with privacy panels and new balcony covering.
Additionally, the following modernizations were carried out in this apartment: new bathrooms, new sanitary and electrical installations according to the latest state of the art, new floor coverings (laminate/vinyl/planks/tiles), new wall coverings (wall tiles/wallpaper), new white lacquer interior doors, partially new wood-panel ceilings, as well as new apartment entrance doors with peephole. Overall, the apartment conveys an impressive overall impression in a well-maintained condition. The energy certificate shows the good energy efficiency class B – evidence of the building's solid energy quality.
Included with the apartment is a motorcycle parking space, which is rented separately for €15 per month and therefore provides a small additional source of income.
In summary, this 3-room condominium with its clear structure, well-kept appearance, and reliable rental income offers a solid investment in a sought-after part of Bad Kreuznach. For investors, this is an attractive investment in a location with steady demand and an established surrounding area.
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