Investment apartment – renovated, furnished, ready to rent – Graz-Lend

Are you looking for an investment that generates returns from day one – without renovation risk, without furnishing costs? This fully renovated and high-quality furnished 2-room apartment in Graz’s up-and-coming Lend district is made exactly for that.

The investment at a glance

• Purchase price apartment: € 154.000,– (€ 3.422/m²)
• Furnishings: € 10.000,– the apartment is sold exclusively including all furnishings (inventory list upon request)
• Total investment: € 164.000,–
• Achievable total rent: € 758,50 monthly (including operating costs)
• Operating costs: € 158,50 monthly
• Net rent: € 600,– monthly / € 7.200,– annually
• Gross yield: approx. 4,4 % p. a.

Why this apartment works as an investment

• Furnished small apartment in Graz’s most sought-after size category: the target group consists of professionals, students and newcomers who want to move in immediately – this results in a rent level significantly above comparable unfurnished properties
• Renovation completed: new kitchen, new bathroom, new floors – no maintenance costs expected in the next few years
• Furnishing portion can be stated separately in the purchase agreement: no real estate transfer tax on the inventory, depreciation over 10 years
• Lend is one of the districts with the strongest upward development in Graz – new-build projects around the main railway station, the food service and creative scenes support long-term appreciation
• Two separately accessible rooms plus a separate kitchen: flexibly rentable to singles, couples or as a flat-share-suitable unit

The apartment

Bright living and dining area (approx. 18,7 m²) with sofa, coffee table, dining table, sideboard and full-length mirror. Separate, newly fitted kitchen (approx. 5 m²) with oven, induction hob, extractor hood, fridge/freezer combination and window. Bedroom (approx. 12,7 m²) with double bed and bedside tables, balcony door leading to the courtyard-facing balcony with bistro furniture and green views. Bathroom with seamless rendered finish, walk-in shower, rain shower, vanity unit, LED mirror and window. Wood-look vinyl flooring, PVC windows.

Room layout

• Entrance hall/corridor: approx. 5 m²
• Living/dining room: approx. 18,7 m²
• Bedroom: approx. 12,7 m²
• Kitchen: approx. 5 m²
• Bathroom with WC: approx. 3 m²
• Balcony: approx. 1,7 m², courtyard-facing

Key details

• Living area: approx. 45 m²
• Purchase price apartment: € 154.000,– (€ 3.422/m²)
• Furnishings: € 10.000,– the apartment is sold exclusively including all furnishings (inventory list upon request)
• Condition: renovated (kitchen, bathroom, floors)
• Floor: 2, lift: no
• Year built: 1955
• Heating and hot water: electric (paid by the tenant – no heating cost statement for the landlord)
• Operating costs: € 158,50 monthly
• Basement storage unit: yes
• Availability: Immediately

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