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Investment below market price!
89231 Neu-Ulm (Ludwigsfeld) – BayernFor sale is a long-term rented 1.5-room apartment with approx. 47 m² living space including underground parking space in 89231 Neu-Ulm, Ludwigsfeld district.
The apartment has been rented continuously since 1993 and is being sold exclusively as an investment.
The apartment is being sold in an occupied condition. It is not possible to view the interior and the condition is to be classified as basic. The sale is therefore aimed specifically at investors who are looking for a property with long-term development potential at a very undervalued price.
The purchase price of € 90,000 incl. underground parking space is well below the current market level in the area and fully takes into account the existing tenancy and the current condition.
Are you interested in this apartment?
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Object Number
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OM-424976
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Object Class
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Apartment
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Object Type
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Apartment
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Is occupied
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Occupied
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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75.000 €
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Purchase additional costs
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approx. 4,156 €
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Total costs
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approx. 79,155 €
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Purchase price garage/parking space
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15,000 €
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Breakdown of Costs
* 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: 309€
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Details
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Condition
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No information
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Number of floors
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1
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Level
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2nd floor
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Bathrooms (number)
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1
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Bedrooms (number)
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1
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Number of underground garages
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1
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Heating
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Central heating
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Year of construction
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1974
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Equipment
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Balcony, Basement, Elevator, Guest toilet
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
The apartment has a classic 1.5-room layout with approx. 47 m² of living space and an allocated underground parking space.
About the furnishings and the interior condition:
- no current interior inspection possible
- the condition is to be classified as simple / in need of modernization
- no recent modernizations known
The purchase price fully reflects the condition and gives the buyer the opportunity to realize a comprehensive increase in value through renovation or re-letting after a future change of tenant.
Location
The apartment is located in Neu-Ulm Ludwigsfeld, an established residential location in high demand in the direct catchment area of Ulm.
The location is characterized by:
good connections to Ulm and the city center
existing infrastructure (shopping facilities, public transport, schools, doctors)
Stable rentability due to proximity to workplaces and urban infrastructure
Neu-Ulm is one of the economically strong regions in southern Germany and offers stable long-term demand for living space, particularly in the area of small apartments.
Location Check
Energy
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Final energy consumption
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155.00 kWh/(m²a)
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Energy efficiency class
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E
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Energy certificate type
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Consumption certificate
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Main energy source
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District heating
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Miscellaneous
- Current basic rent: approx. € 337 per month incl. underground parking space
- Pure capital investment - not suitable for owner-occupiers
- Sold as seen or unseen
- No liability for interior condition
- Long-term appreciation potential due to significant deviation from the market price
Comparative values:
The average purchase price for apartments in the surrounding area is around €3,500/m², while this property is being offered for around €1,900/m² - a significant discount of around 45%.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Send a message directly to the seller
Questions about this apartment? Show interest or arrange a viewing appointment?
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