Attractive, steadily rented 2-room apartment with a large balcony offering unobstructed distant views, for sale on the top floor of a new building!

Key facts

Purchase price & costs

About this apartment

BEAUTIFUL LIVING IN GERA-LEUMNITZ. An attractive, stably rented 2-room apartment for many years, with a large balcony, storage unit and exclusive right of use to an outdoor parking space at a new-build property, built in 1996 in Gera-Leumnitz, is being sold at a factor of 17.5; this means that the purchase price is equivalent to the net cold rental income over 17.5 years, provided the cold rent does not increase during that period. The rooms feature high-quality light-grey laminate flooring and white floor tiles. The living room with an open kitchen area and one of a total of two balcony accesses is the largest room. The approximately 8.10 m² south-facing balcony, with white floor tiles and a zinc-coloured balcony railing, can also be accessed via the adjoining bedroom. The windowless bathroom, tiled up to ceiling height, is equipped with a bathtub for relaxation, a washbasin, a WC, a wall-mounted radiator and electric ventilation. There is also a storage room in the apartment. All rooms are accessible via the central hallway with an intercom system. The white PVC windows with insulating glazing are fitted with roller shutters. The vinyl flooring is like new and was installed by the landlord at the tenant’s request. The apartment owners may install and use a balcony power plant on the south-facing balcony railing if the condominium owner permits it. This entrance contains 18 apartments of different sizes. On this floor, 3 of them are condominiums, leaving plenty of space in the stairwell landing for shoe cabinets and shelves. Apartment owners and tenants live harmoniously together in this modern residential complex with excellent quality of life. Therefore, vacancies are rare here and, when they do occur, only last for a short time. This quiet condominium complex on the eastern outskirts of Gera has 48 apartments distributed among 4 entrances. The building was constructed in 1996. The central gas heating system (natural gas) was replaced in 2014 with a new energy-saving heating system (condensing boiler). The energy consumption rating is only 77.00 kWh/(m² a). The energy efficiency class is "C". Energy consumption for hot water is included. The energy consumption certificate was issued on 16 May 2018 and is valid until 16 May 2028. This apartment has currently been rented to the same tenant for more than 22 years. A caretaker handles stairwell and street cleaning, winter services and maintenance of the green areas. The green areas are maintained byShared by all residents of the building. The apartments have Kabel Deutschland internet and television connection sockets. Buyer’s commission EUR 1,497.02 incl. VAT. Unique features: - high energy efficiency of the building, - exceptionally high rental income for Gera, - shopping facilities conveniently within walking distance, - bus stops just around the corner, - snack bars and schools, grammar school in the nearby surroundings, - magnificent distant views over greenery from the south-facing balcony, - new-build property with completely dry basement compartments and personalised outdoor parking spaces. This apartment currently generates annual net cold rent of €3,900.00 including an outdoor parking space. From December 2025, this net cold rental income is expected to increase by approximately 10% again. Please remember the ancillary purchase costs: 5.0% of the purchase price real estate transfer tax, land register transfer fee – depends on the purchase price of the property. According to the resolution passed at the owners’ meeting, the notary fees amounting to 1.5% must be paid by the seller here. The property management does not need to be asked for consent to the sale here. Please understand that I will only answer contact requests and provide you with information and documents if you provide me with the following minimum details about yourself: name, address, email, telephone. All information has been prepared to the best of my knowledge and belief, but without guarantee. Subject to prior sale / errors excepted!

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