4-ZKB in Thal_Balkon Garten Bestlage renovated broker-free yield

Contact person: Mr. Hartmann, Tel 0160.798 0 376
I am pleased to be able to offer you this apartment in an impressive apartment building. The apartments on the first floor and first floor (2nd floor) could also be purchased.
The property has stood out for years due to its solid construction, top yields and long-term tenants.

For sale:
A handsome 3-family house or individual 3 apartments in an attractive prime location in 99842 Thal (Ruhla).

For investors and owner-occupiers:
An ideal multi-family house (clearly laid out, only 3 apartments), easy to maintain in a pleasant infrastructure.
The very good rental income even covers the bank financing.
The sale is being made with a heavy heart for reasons of age, as this investment has already proven its worth for over 20 years.
The return on investment = 5.4% (€22,250/year) from the purchase price of €412,000.
All apartments in the building are solid, retain their value and are affordable for normal earners.

It has already been economically renovated: New heating 9/2022, insulating facade, roof insulated, Ks windows, etc.
This attractive property with only 3 residential units (apartment area 288 sqm on 800 sqm plot), is preferably for sale (e.g. for own use) or then from fall/2024 for rent.
The 3-room apartment on the top floor, 122`T€ is solidly rented at €6,540/year / 5.4% yield.
First floor apartment 4 rooms, 145`T€ purchase price; to be vacated approx. 11/24, rent 7.855.- €/year (5,4% yield)
Ground floor apartment, 4 rooms, purchase price €145`k; vacant approx. 11/24, rent €7,855/year (5.4% yield)
We are happy to provide a new tenant on request, as these apartments are in high demand from tenants.
Additional brokerage costs of 14.700.- € / 3,57%) could still be omitted.

The energy certificate is available for viewing. __oMn
EVA 167 kWh/sqm/a incl. DHW, gas, built approx. 1910/1992 systems engineering, heating new in 9/2022.

What has been refurbished and renovated?

The entire property was renovated in many parts in the period 1996-1999 and most recently in 2024
and renovated as follows:
- New roof covering, thermal insulation, roof underlay;
- Insulating facade, new plastic windows, solid oak front door;
- Completely new sanitary facilities, all water pipes made of corrosion-free plastic
- Electrical work: Sub-distribution boards in all apartments, meter cupboard, intercom system;
- New floor coverings and screed in all apartments;
- Stair coverings, extra large balconies made of solid laminated wood in oak and Metanti;
- Satellite system; DSL speed 250MBit/S
- Rare corner plot in prime location, developed on 2 sides, road construction costs paid;
- with solid metal fence enclosure, trees, well-kept landscaped garden;
- each apartment own garden, paved courtyard very well usable; no slope;
- 2022-09 new gas central heating (latest condensing boiler technology), and chimney renovation;
- the last renovation was the staircase in 2024, and new laminate in the ground floor apartment
- 4 parking spaces (communal free of charge) directly on the property.

No expected development costs for public sewer, energy networks, road.
These will no longer be incurred in the near future and have already been paid by apportionment.

The property leaves a well-kept impression. The tenants are pleasant, feel comfortable
comfortable in the house and have tended to live there for longer periods of between 8-20 years.
Private use is possible immediately: on the ground floor or first floor (103 sqm) 4-room apartment with separate guest WC and balcony and garden.
balcony and garden.

Take the future into your own hands. The rental income pays for the financing in full.
In a good 8 years you will own 50% of the property, after a good 17 years of renting you will own 100%.
With this property, you can build up equity of €145,000 per apartment in just 17 years!
Source: Financial test calculator "Buy or rent?"

The property is in a prime location, centrally located in Thal.
Shopping markets can be reached in 2min / 900m proximity (Neukauf, NKD, beverage market,
Netto and GroschenMarkt, pharmacy, TEDi, Rewe, VR-Bank, etc., etc.).
Swimming pool, indoor tennis courts are also within walking distance.
The local public transport bus stop is nearby.
On the highway A4 (15min. / 10Km) you are quickly in Eisenach.