High tax-free rental yield, 3-room apartment with balcony + private garage, Aachen-Herzogenrath.

Beautifully renovated 3.5-room apartment with 76 square meters, easily and conveniently accessible due to its location on the 1st floor. It is bright and welcoming with an optimal layout, featuring:

* Underfloor heating
* New tiles
* Includes a storage room in the basement
* A separate, rented single garage for €70 per month.
* New, energy-efficient gas central heating system installed in 2020.

Ideal for investors! Due to the favorable ratio of €656.74 monthly rent to the purchase price, and with a 30% equity contribution, the return on investment is 5.6%, which is 100% tax-free through depreciation and interest deductions.

The indexed rental agreement means that the monthly rent increases each year by the previous year's inflation rate, but at least by 2%. This increases the property's value by at least 2% per year – a minimum of 20% over 10 years. Since the apartment can be sold tax-free after 10 years, this results in an additional return on investment of 6.6% per year. This means that the return on investment from the increasing rent is tax-free at 5.6%, plus a further tax-free return of 6.6% per year from the annual increase in value, for a total of 12.1%.

The tax-free status is an advantage compared to other investments, such as... Shares, ETFs, or government bonds are subject to a flat tax of 25% each year. (A detailed calculation of the return on investment can be provided upon request if you are interested in purchasing.)

The spacious balcony faces southwest, making the apartment particularly attractive. The apartment has been rented to the same friendly and welcoming family for over 20 years. The rent is always paid on time, including any incidental costs. The tenant's advance payments for utilities, including heating, are €260 per month.
The total monthly rent, including utilities, is €916.74 (excluding the garage rental of €70).

The apartment was renovated in 2022 with new tiles in all rooms, including the hallway and bathroom, and the walls were also repainted, leaving it in good, modern condition. The gas central heating system, installed in 2020, provides efficient heating and a comfortable indoor climate. The purchase price of the apartment is only €128,000, which means the price per square meter is only €1684/sqm. This is very affordable, especially compared to other properties in the area, which are priced at €2,500 or more. Apartments with 3.5 rooms in the same building are expected to have a purchase price of over 2400 euros per square meter, which is reasonable considering the beautiful, quiet residential location, surrounded mainly by single-family homes. The purchase price of the individual garage is only 12,000 euros, instead of the usual 15,000 euros. Since the garage has its own land registry entry, it does not have to be purchased, as there is interest from other co-owners in the building. Some of the co-owners use their apartments themselves.

Purchase price of apartment + garage together: 140,000 euros (fixed price).

If you are genuinely interested in purchasing, please send a message through this advertisement, and I will contact you shortly. Thank you.

This apartment is located in a quiet and desirable residential area of Herzogenrath, surrounded by many detached houses and with minimal traffic.

The location is ideal for both owner-occupiers and investors, offering peace and quiet, good infrastructure, and high demand. Herzogenrath is a popular residential area in the Aachen urban region, located north of the university town of Bad Aachen. Its proximity to the city of Aachen, its good connections to the regional transport network, and its location in the tri-border area make it particularly attractive – both for commuters and for tenants looking for a long-term home. All essential amenities are within easy reach. Shopping facilities, schools, kindergartens, medical care, and public transport are all located in close proximity. At the same time, the surrounding area offers plenty of green spaces and recreational opportunities, further enhancing the quality of life.

Location & Distances:
* Supermarket – approximately 700 m
* Kindergarten Herz-Jesu – approximately 400 m
* Herzogenrath Secondary School – approximately 1.8 km
* Europaschule Comprehensive School – approximately 1.2 km

With an equity return of 30% of the purchase price, yielding a tax-free return of 5.6%, and an additional 6.6% tax-free return (achievable through a minimum 2% increase in value, but only after a minimum of 10 years!), investors can expect a highly attractive, tax-free total return of 12.1% per annum.