| Living area approx. | 150 m² |
|---|---|
| Bedrooms | 3 |
| Rooms | 7 |
|---|---|
| Bathrooms | 3 |
| Plot area | 451 m² |
|---|---|
| Usable floor area | 50 m² |
| Purchase price | 485.000 € |
|---|---|
| Price per m² | 3,236.35 €/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.
Your inputs are calculated only in this browser and are not saved or sent to TraumImmo.
More financing calculators and assumptionsProperty no.: 1071385
Not every existing property offers the opportunity to combine already existing rental income with plenty of scope for individual design. This is precisely where the special appeal of this residential building lies.
The property comprises a total of three residential units as well as a small retail area on the ground floor. While one apartment is currently rented and generates a monthly net cold rent of €450, two further apartments and the retail space are currently vacant. This gives the future owner the opportunity to modernise the vacant units according to their own preferences, re-let them or use them themselves immediately—without having to take over existing tenancies.
This initial situation creates a decisive advantage: The buyer is not taking over a fully rented property with rents fixed for the long term, but instead has the opportunity to actively shape the income situation and gradually adapt the property to their own objectives.
Important technical measures have also already been implemented. In particular, work to protect the building structure was carried out in the area of building waterproofing. In addition, individual windows were replaced and the bathroom on the ground floor was modernised. As a result, significant investments in preserving the building have already been made, and typical weak points of older existing properties have been partially addressed. Overall, the structural condition is appropriate for the building’s age. In addition to the modernised areas, further renovation and modernisation work is required. This gives buyers the opportunity to develop the fittings and quality of living according to their own preferences, rather than having to accept the standard of a fully modernised property.
The property is particularly suitable for investors who wish to exploit the existing rental potential, but also for owner-occupiers who want to combine living and letting. The current vacancies create the rare opportunity to influence the future use and income of the property directly, without long-term tenancy commitments.
Overall, this residential building offers a solid existing property with rental income already in place, documented modernisation measures and a high degree of flexibility for future use. For buyers who value development opportunities within the existing building stock and wish to actively wish to design, this property represents an interesting opportunity.
Your destination goes to Google Maps only when you submit the form. TraumImmo neither stores nor logs it.
