| Type | Block of flats |
|---|---|
| Living area approx. | 210 m² |
| Bedrooms | 5 |
| Rooms | 8 |
|---|---|
| Bathrooms | 5 |
| Plot area | 360 m² |
|---|
| Purchase price | 729.000 € |
|---|---|
| Price per m² | 3,471.43 €/m² |
| Commission | 3,57% (3,57 % inkl. MwSt vom not. Kaufpreis) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsThis three-family house, built in solid construction in 1968, is situated on a plot of approx. 360 m² and has a total living area of around 210 m², distributed across three separate residential units, one apartment per floor. The classic structure of the house ensures very good rental potential as well as clear, sustainable usage options.
The ground floor apartment comprises approx. 68 m² of living space and is currently vacant. With a sample new rental at 15 euros per m², an annual net cold rent of 12,240 euros can be achieved here. The apartment on the first upper floor with approx. 70 m² as well as the attic apartment with approx. 59 m² are currently rented and together generate an annual net cold rent of 13,500 euros. With full occupancy, this results in a potential total annual net cold rent of 25,740 euros.
In the existing tenancy arrangements, a rent increase of up to 15 percent within the cap limit would generally be possible. If this potential were fully utilized in the calculation, the property's total annual net cold rent would increase to 27,765 euros.
A particular added value of this property lies in the currently vacant ground floor apartment, which opens up maximum flexibility for the buyer. It offers the attractive opportunity for immediate owner occupation while also allowing one to benefit from the existing rental income of the two upper units. In addition, this unit has a bar in the basement, three further versatile rooms that are ideally suited as a guest room, home office or hobby area, as well as an additional separate toilet. In addition, a studio in the attic area with its own bathroom also belongs to the ground floor apartment. Each of the three residential units also has its own basement room.
Overall, this property represents a solid investment with immediate rental income and at the same time development potential. The combination of existing tenancies and the vacant ground floor apartment enables both a high-yield full letting and an attractive owner-occupancy option with additional income potential from the two remaining units.
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