| Type | Block of flats |
|---|---|
| Living area approx. | 918 m² |
| Bedrooms | 14 |
| Rooms | 31 |
|---|---|
| Bathrooms | 17 |
| Plot area | 1371 m² |
|---|
| Purchase price | 1.049.000 € |
|---|---|
| Price per m² | 1,142.27 €/m² |
| Commission | 4,76% (4,76 % von dem beurkundeten notariellen Kaufvertrag.) |
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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More financing calculators and assumptionsThe property comprises 18 residential units with a total living area of 918 m² on a 1,371 m² plot. Almost all apartments have a balcony or terrace, and an elevator provides largely step-free access—a clear advantage in view of demographic developments and long-term letting potential. The offer is complemented by 14 garages and a separate garage courtyard, all fully included in the purchase price.
The building, constructed in 1969, is presented in very well-maintained condition. In addition to the newly installed gas central heating system (high-efficiency boiler) with central hot-water supply, further investment was made only recently:
The balconies were extensively renovated in December / January.
For you, this means no short-term investment pressure, but planning security and a visibly enhanced appearance—for both tenants and long-term value retention.
The current average existing rent is approximately €4.77/m², and is therefore significantly below today’s market level.
By letting the three currently vacant apartments, an annual net cold rent of €61,894.20 is already achievable in the short term—solely from residential letting.
In addition, the garages and garage courtyard offer further, previously untapped revenue potential, which could contribute to the further stabilization and increase of the overall yield in the future.
Important: New lettings can be actively supported upon request.
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