| Type | Flat |
|---|---|
| Living area approx. | 29 m² |
| Bedrooms | 1 |
| Rooms | 2 |
|---|---|
| Bathrooms | 1 |
| Plot area | 29 m² |
|---|
| Purchase price | 58.400 € |
|---|---|
| Price per m² | 1,991.14 €/m² |
| Commission | 0 |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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Investment with potential: Anyone looking for a small, manageable unit with a low purchase price and opportunities for improvement will find an interesting starting point here for a real estate investment with great potential in Essen-Altenessen
This compact 2-room apartment in Essen-Altenessen offers investors an interesting opportunity to enter the Essen real estate market.
The approx. 29.33 m² apartment is located in an apartment building with a total of 22 residential units, built in 1982. The apartment features a living area and a separate bedroom with tiled flooring, an open kitchen with an existing kitchenette, an internal bathroom with shower, toilet and washbasin, as well as a hallway with a practical large built-in wardrobe and sliding doors.
The condition of the apartment is stated as requiring renovation. This can be particularly interesting for investors: Targeted modernization offers the possibility of deducting renovation and refurbishment costs for tax purposes, upgrading the apartment to contemporary standards and positioning it more attractively on the rental market in the long term.
At the stated purchase price, the property offers a comparatively low-cost entry into condominium ownership, with above-average rental yield.
Service charges 2025:
non-allocable costs 2025 = approx. €1,088.14 per year / €90.68 per month
allocable costs 2025 = approx. €2,200.91 per year / €183.41 per month
heating costs 2025 = approx. €680.00 per year / €56.67 per month (included in non-allocable costs)
reserve fund 2025 = approx. €370.17 per year / €26.48 per month
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