4.7% yield – no commission | renovated 3-room apartment | immediately rentable | parking space.

Immediately rentable apartment on the 10th floor – newly renovated, commission-free from the owner. This 3-room apartment (79.13 m²) has been completely and high-quality renovated and is in pristine condition, ready for immediate occupancy. There are no outstanding renovation or investment needs. The apartment can be rented out immediately – without having to invest an extra euro.
Return on Investment Calculation:
Realistically achievable monthly rent: approximately €1,050 (equivalent to approximately €13.27 per m² – market standard for the Gartenstadt area for newly renovated apartments). Annual rent: approximately €12,600. Gross return on investment with a purchase price of €269,000: approximately 4.7%. Monthly service charges: €534 (including heating, water, and maintenance reserve), of which approximately €384 can be passed on to the tenant. Your monthly owner's share (non-pass-on portion): approximately €150. By purchasing directly from the owner, commission-free, you save approximately €10,000 in real estate agent fees, which further improves your initial return on investment.
What was renovated:
Bathrooms and guest toilet completely new (including water pipes, shut-off valves, bathtub, rain shower, LED mirror, heated towel rail), new floors, walls, radiators, doors, and a new electrical panel with certified electrical system. Why this apartment is ideal for renting:
The Gartenstadt district is one of the most popular areas in Ludwigshafen – green, family-friendly, and with complete infrastructure. Tenants can reach BASF, Mannheim, or Speyer in 10-15 minutes via the A650 and B9 highways. The building has two elevators, and the apartment is located on the 10th floor, offering panoramic views all the way to the Palatinate Forest. It also features a large, covered loggia, a storage room in the basement, and a parking space. This combination minimizes vacancy risks and ensures stable rental income.

Key features at a glance:
Living space: 79.13 m² | Rooms: 3 | Floor: 10th | Year built: 1971 | Condition: First occupancy after renovation | Parking space: 1 | Elevators: 2 | Heating: Gas central heating | Energy performance certificate: Consumption certificate, 102.83 kWh/(m²a), Class D | Monthly service charges: 534 € | Purchase price: 269,000 €, commission-free.