| Type | Block of flats |
|---|---|
| Living area approx. | 275 m² |
| Rooms | 11 |
|---|---|
| Bathrooms | 4 |
| Plot area | 1200 m² |
|---|
| Purchase price | 269.000 € |
|---|---|
| Price per m² | 978.18 €/m² |
| Commission | 4,76% (4,76% inkl. MwSt. mindestens jedoch 4165,00€ inkl. MwSt., zahlbar vom Käufer. Verdient und fällig bei Vertragsabschluss.) |
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More financing calculators and assumptionsThis well-maintained multi-family house in a quiet residential area of Bad Steben offers a wide range of possible uses for owner-occupiers, investors or families requiring space. Three separate residential units are distributed over approximately 275 m² of living space, suitable both for letting and combined owner-occupation. The spacious plot of approx. 1,200 m² offers additional scope for a garden, leisure activities or future design ideas.
The apartment on the lower ground floor has its own entrance and is already rented. On the upper floor, a generously proportioned apartment with around 110 m² of living space is available for immediate use or reletting. The attic was most recently used as a private holiday apartment and offers further potential for letting, holiday accommodation or individual living concepts.
The property's flexibility is particularly appealing. Whether as a multi-generational house, a home with additional rental income or a classic investment property – the existing layout creates numerous possibilities. The house has been continuously maintained, the roof has already been renewed, and the apartments on the lower ground and upper floors have their own gas boilers with separate consumption metering.
If all residential units were fully let, depending on features, type of letting and market rent, an annual net cold rent of around €18,000 to €24,000 appears possible. This results in a potential gross yield of approximately 6.7% to 8.9% based on the current asking price. Actual rental income may differ and depends on future use.
The natural setting in the popular spa town of Bad Steben, the proximity to the thermal baths, spa park and Franconian Forest, as well as the good transport connections, make this property particularly attractive both for residents and tenants.
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