| Living area approx. | 311 m² |
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| Rooms | 10 |
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| Plot area | 350 m² |
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| Purchase price | 799.000 € |
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| Price per m² | 2,569.13 €/m² |
| Commission | 3,57% (3,57 % inkl. MwSt vom not. Kaufpreis) |
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More financing calculators and assumptionsThis four-unit house, built in solid construction in 1972, is situated on a plot of approximately 350 m² and has a total living and usable area of around 311 m², distributed across four self-contained residential units. The classic structure of the house ensures sustainable rentability as well as versatile usage options and makes the property particularly interesting for both investors and owner-occupiers.
The ground-floor apartment, with a living area of approximately 83 m², is currently vacant and offers the future owner maximum flexibility. With an illustrative re-letting at €15 per m², an annual cold rent of €14,940 can be achieved here. Alternatively, the apartment offers the option of owner-occupation while still benefiting from the rental income of the remaining units.
Particularly attractive for investors are the rent increases already agreed for 01.01.2027, to which all affected tenants have consented. From that date, the monthly cold rents of the let residential units amount to approximately €389.85 in the basement level, €744.05 on the first floor, and €977.50 for the maisonette apartment in the attic. This results in an annual cold rent of €25,336.80 from the three existing tenancies.
Taking into account the possible re-letting of the ground-floor apartment, a potential total annual net cold rent of €40,276.80 is achieved. At a purchase price of €799,000, this corresponds to an attractive gross rental yield of around 5.04%.
In addition, the property offers long-term development potential through future rent adjustments within the framework of statutory provisions.
A particular added value lies in the currently vacant ground-floor apartment, which offers the purchaser maximum flexibility. It can either be occupied by the owner or re-let, thereby opening up attractive opportunities for both owner-occupiers and investors. In addition, there is the option, subject to the required permits, to create direct access from the balcony to the garden and thereby further enhance the living comfort of the apartment. Alternatively, the garden area can be used as a communal garden for all residents.
Overall, this property presents itself as an attractive capital investment with existing tenancies, already agreed rent increases, and additional development potential. The The combination of secured future rental income and the vacant ground-floor apartment enables both a yield-oriented full letting and attractive owner-occupation with ongoing rental income from the remaining three residential units.
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