Investment with 6% return / or a new home for your family

Property description:

For sale is a charming apartment built around 1900, which is located on the 2nd floor of a three-storey house. The apartment offers a generous living space of approx. 109 square meters, spread over 5 rooms, a kitchen and a bathroom. In addition, the apartment has a cozy balcony with an area of about 8-9 square meters, which invites you to relax and enjoy the surroundings.

The house in which the apartment is located comprises a total of three residential units. The units on the first floor and second floor have already been renovated and sold as condominiums, which speaks for the positive development of the residential building.

The apartment offers a quiet residential location that provides residents with a pleasant living environment, while at the same time offering good connections to the city center. This means that shopping facilities, restaurants and public transport are all within easy reach.

It should be noted that the apartment is in need of renovation, which offers potential buyers the opportunity to design and modernize it according to their own ideas and needs.

Overall, this apartment offers an attractive opportunity for buyers who appreciate the historic charm of an old building and would like to transform it into a modern and comfortable place to live.

The house impresses with its classic architecture and façade design, which preserves the charm of times gone by. However, some contemporary elements were also added during the renovation to meet today's living requirements. The renovation included a modernization of the infrastructure, including electrics and plumbing, to meet current standards.

You enter the spacious living area via the entrance in the stairwell. The layout of the apartment makes it possible to make the best possible use of the living space. High-quality materials and a tasteful design create an inviting and cozy atmosphere. Large windows provide sufficient daylight and offer a beautiful view of the surrounding area.

The bathroom has been stylishly designed and fitted with high-quality fittings. The apartment has separate bedrooms and spacious living areas that offer a variety of design options.

The apartment also has a spacious terrace, which will spoil you with sunshine in the afternoon and evening hours and offer you a pleasant outdoor space.

In the basement of the house you also have plenty of space to store things.

Overall, this house, built around 1900, presents itself as an extremely attractive property after extensive renovation, combining the charm of the past with modern living comfort. The condominium offers an ideal opportunity for people looking for a stylish and well-located home.

It should also be noted that the apartment is currently rented out, making it an attractive investment opportunity. The basic rent, based on the purchase price, offers a yield of 6%, which represents a solid return for investors.

For potential owner-occupiers, it is important to know that the notice period for the current tenant is three months. This allows future owners to use the apartment according to their needs once the tenancy agreement expires.

This combination of rental income and flexibility for owner-occupiers makes this apartment an extremely attractive investment opportunity in a sought-after residential area close to the city center.

The location of the house is extremely attractive. It is located in a quiet residential area on the outskirts of Pirmasens, with good access to public transport and nearby shopping facilities. Restaurants, schools and recreational facilities are also within easy reach.