| Type | Flat |
|---|---|
| Living area approx. | 74 m² |
| Bedrooms | 2 |
| Rooms | 3 |
|---|---|
| Bathrooms | 1 |
| Purchase price | 68.000 € |
|---|---|
| Price per m² | 915.58 €/m² |
| Commission | 3.570€ |
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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 assumptionsAnyone placing value as an investor on a solidly rented condominium with a long-term perspective will find an interesting combination of an existing tenancy, a well-maintained residential environment and modernization measures already carried out in this 3-room apartment in Auerbach. The apartment is located on the 2nd upper floor of a well-maintained residential building constructed in 1994 and offers a practical layout over approximately 74.27 m².
The centerpiece of the apartment is the spacious living room with direct access to the balcony. This provides the tenant with a pleasant additional outdoor area that meaningfully extends the living space. The layout is complemented by a bedroom, another room that could be used, for example, as a child’s room, guest room or office, as well as a separate kitchen. The bathroom and an additional guest WC provide a practical floor plan and make the apartment attractive to different groups of tenants in the long term. All windows are fitted with blinds, providing additional comfort and sun protection.
The tenancy, which has been in place for around 14 years, is particularly interesting for investors. The long-standing tenant represents a proven rental situation. Currently, monthly cold rent of 460€ is generated for the apartment, plus a further 50€ for the associated underground parking space. This results in current annual net cold rent of 6.120€. The monthly service charge is 273,42€, of which 52,55€ is non-allocable. The monthly contribution to the maintenance reserve amounts to 23,46€.
Important measures have also already been implemented on the property side: The renovation of the building’s utility lines was completed in the middle of the year. In the course of this, the WC and kitchen were partially renovated, among other things. Future owners therefore benefit from a technical measure already carried out on the common property and a modernized situation in selected areas of the apartment.
The offer also includes a basement storage compartment providing additional storage space. The duplex underground parking space was renewed in 2016 and is fully functional. Overall, the apartment thus offers a combination of a long-standing tenancy, maintenance measures already carried out and a practical 3-room layout – three aspects that are important for investors looking for an uncomplicated continuation of theare particularly interesting to rent.
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