Compact investment apartment in popular location

This rented residential unit on the 2nd floor presents itself as a well-conceived investment property with convincing suitability for everyday use and sustainable rental potential. The current tenancy agreement was concluded on 1. 1. 2024 and is concluded for a period of 3.5 years. The base rent amounts to 236.87 EUR (incl. VAT), and the tenant currently pays a total amount of EUR 330.70 p.m. including operating costs. The administration is handled through a rental pool.

An all-round service that also takes care of any possible re-letting from the initial letting onwards guarantees little work.

Until 2034, the rental income currently goes into a tenant pool to cover certain charges, with pro rata distribution according to the usable floor area per owner.

The rental pool has, among others, the following advantages:

• Vacancy risk is reduced (if the owner’s own apartment should not be rented out at some point in the future, one receives a proportionate share of the income from the other apartments)
• The costs for any renovation of the apartment are shared collectively

The rental income (after deduction of all expenses) amounted to EUR 2,123.-- last year.

Use of the rental pool is only possible for micro-enterprises or if the apartment is purchased as a hobby-loss property, and is agreed until 2034 if these criteria are met.

At around 22 square metres, the apartment offers everything that is decisive for attractive rentability: functionality and a good location.

The entrance hall of approx. 2.9 m² provides an orderly entrance area and creates a clear separation from the living area.

The bathroom of around 2.7 m² including WC is designed to save space and fulfils all requirements for practical use.

The open-plan living, cooking and sleeping area of approx. 16.1 m² forms the heart of the unit and allows for flexible design, thereby appealing to a broad target group – from singles and students to commuters and tenants focused on compact, urban living.

It is precisely this versatility that makes the unit particularly interesting for investors.

Parking spaces are available as a common area directly in front of the building.

The building was constructed in the 80s/90s and partially renovated a few years ago (façade including new entrance door, downpipes, renovation of various fire doors, connection to district heating, etc.).

A key success factor is the excellent infrastructure: A supermarket and restaurants are in the immediate vicinity and can be conveniently reached on foot. Access is also optimally ensured by a nearby bus stop.

Overall, this is a clearly structured, easily rentable property in a sought-after location – a solid opportunity for investors who focus on compact units with sustainable demand potential. Owner-occupation is generally possible from 1. 7. 2027.

Note:

The stated price is an indicative price that may change upwards or downwards due to the current demand situation. The price assumption is subject to the approval of the seller.

We look forward to your contact for further information and to arrange a viewing appointment.

The agent is acting as a dual broker.

Information as required by law:

• Heating energy demand: 62.6 kWh/(m²a)
• Heating energy demand class: C
• Total energy efficiency factor: 1.08
• Total energy efficiency factor class: C

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