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161.500 €
3
Room
64.43 m²
Living Area
Private offer
Apartment

This charming apartment is located in a historic townhouse in a quiet, central location, not far from the historic center of Erfurt. It is a well-designed 3-room apartment. Apartment No. 4, on the 1st floor, has 64.43 square meters of living space and features a practical layout, large windows, and a balcony overlooking the courtyard. The building was completely renovated in 2010 to a high standard, including the roof, facade, windows, heating system, electrical wiring, plumbing, and interior finishes. This is a strong argument for long-term value and low maintenance costs. The apartment is currently rented out and generates a gross rental yield of approximately 4.00% (current cold rent: €540.50), making it an attractive investment in one of Erfurt's most sought-after locations. The building contains a total of 8 apartments, of which 6 have already found new owners. Highlights:
- Rented out with a gross yield of approximately 4.00%
- Historic building, completely renovated in 2010
- Historic center within approximately 10 minutes walking distance
- Kitchen with access to the covered balcony
- Practical layout
- Large wooden windows
- Quiet, very stable location
- Bathroom with bathtub and washing machine connection
- Excellent tenant structure in a well-maintained property
- Efficient gas central heating
- Use of garden, bicycle storage, cellar storage

Are you interested in this apartment?

Object Number
OM-417293
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
161.500 €
Purchase additional costs
approx. 10,723 €
Total costs
approx. 172,222 €
HOA fee
250 €

Breakdown of Costs

Purchase price 161.500 €
Real estate transfer tax 8,075 € (5.00%)
Notary costs 1,749 € (1.08%)
Land register entry 899 € (0.56%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 664€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.17%

Details

Condition
Well-kept
Monument protection object
Yes
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1928
Equipment
Basement, Full bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The apartment is located in one of the most desirable residential areas of Erfurt: quiet, charming, and characterized by its historic buildings. The old town is approximately a 10-minute walk away, as are the cathedral square, the Krämerbrücke (merchant's bridge), the main train station, and numerous cafes, restaurants, and shops.

Public transportation, local amenities, the university, and cultural institutions are all within easy reach.

The location is highly stable in terms of property value and extremely attractive to potential tenants.

Location Check

Shopping
50m
Child Friendliness
200m
Culture
550m
Health
250m
Eating Out
300m
Public Transport
250m
Sports
400m
Nightlife
300m
Nature
400m

Energy

Energy certificate type
not legally required
Main energy source
Gas

Miscellaneous

There is potential for rent increases starting in 2027.
Another apartment, located on a higher floor (unit 1), is also for sale.

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