Published on 25/02/2026 · Last checked on 14/08/2026
| Type | Block of flats |
|---|---|
| Living area approx. | 565 m² |
| Plot area | 770 m² |
|---|
| Purchase price | 699.000 € |
|---|---|
| Price per m² | 1,237.17 €/m² |
| Commission | 3,57% (3,57% inkl. MwSt. mindestens jedoch 3570,00€ inkl. MwSt., zahlbar vom Käufer. Verdient und fällig bei Vertragsabschluss.) |
This attractive investment property offers investors an excellent combination of solid rental income, high demand, and further development potential. The former restaurant building was extensively converted and developed into a modern residential concept with a total of 13 student apartments and three additional residential units. The property is located in the immediate vicinity of the vocational school in Wiesau and therefore benefits from constant demand for small-scale housing.
The 13 apartments have living areas of approximately 13.60 m² to 23.51 m² and are optimally tailored to the needs of students and professionals. Each apartment offers its own bathroom with shower, a kitchenette, a bed, and a desk. Currently, 12 of the 13 apartments are rented. Another unit has been freshly gutted and renovated and is ready to be re-let immediately.
In addition, the property comprises three spacious flats, each with approximately 80 m² of living space, which can be rented on a long-term basis. Four garages and an existing 20-kW photovoltaic system round off the offering and provide additional appeal.
With currently 15 of 16 units rented, the property generates annual net cold rent of €58,560. With full occupancy, this could increase to approximately €62,280 per year. The purchase price factor of only 11.2 at full occupancy, together with a gross yield of around 8.9%, underlines the attractiveness of this investment.
The combination of a well-conceived usage concept, near-full occupancy, stable demand, and additional income potential makes this property an interesting investment opportunity for investors who value sustainable returns and long-term rental security.
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