Renovated/Furnished property near BMW, offering a 4.5% return - No commission fees.

This lovely 2-room apartment is located on the 1st floor of a multi-family building in the Am Hart district. The building was constructed in 1965 and has been continuously maintained. A beautiful, spacious balcony and a cellar compartment with ample storage space complete the offering. In 2023, the apartment underwent extensive renovations, including the replacement of most of the furniture. Due to its fully furnished condition, including a built-in kitchen, the apartment is an excellent investment opportunity. The buyer benefits from significant tax advantages due to the furniture, as no property transfer tax is levied on the furniture price, and these costs can be deducted from taxes over a few years. Furthermore, there are no real estate agent fees, which makes the purchase easier as significantly less equity is needed for financing. The apartment is in good condition and is currently rented until the beginning of 2028. This gives the buyer the option to move in themselves in the future or to continue renting it furnished. The tenants are extremely reliable and friendly. Due to the excellent public transportation links and proximity to major employers (BMW and the Euro-Industriepark), the property is guaranteed to have good and consistent rental potential. A fixed monthly rent of €1,900 has been agreed upon. The utility costs (including electricity, internet, water, and heating) have previously been approximately €300. Therefore, the base rent is approximately €1,600. The utility costs that are not included in the rent amount to approximately €70 per month.

Being close to BMW is a significant advantage for a furnished rental property.
Furthermore, the Euro-Industrial Park is nearby, offering numerous employers and shopping opportunities.

Moreover, the location is appealing due to its excellent public transport links (close to the U2 subway line and several bus routes).
The main train station is reachable in approximately 23 minutes, and you can access the A99 highway within a few minutes by car.
All essential shops, doctors' offices, and schools are within walking distance.