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Fully renovated investment property with a return of over 5% in a highly desirable location.

65187 Wiesbaden – Hessen
250.000 €
2
Room
60 m²
Living Area
Private offer
Apartment

This completely renovated apartment in Wiesbaden-Biebrich offers investors an attractive investment opportunity with modern features and existing tenants.

The apartment has been comprehensively modernized and is presented in a contemporary, well-maintained condition. Bright rooms, modern flooring, freshly painted walls, and a renovated bathroom create an appealing living environment and excellent rental potential.

Currently, the apartment is rented for €1,100 per month (cold rent). With a purchase price of €250,000, this results in an annual net cold rent of €13,200.

The resulting gross yield is calculated as follows:

€13,200 annual cold rent / €250,000 purchase price = approximately 5.28% gross yield.

Therefore, this apartment is particularly suitable for investors looking for a completely renovated and tenanted property with a solid and consistent income stream. Due to its fully renovated condition, buyers can largely avoid the typical renovation costs that usually occur after purchasing a property. The unit thus offers a compelling overall package of modern living standards, existing tenants, and an attractive yield.

Are you interested in this apartment?

Object Number
OM-450507
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
250.000 €
Purchase additional costs
approx. 18,775 €
Total costs
approx. 268,774 €
Purchase price garage/parking space
10,000 €
HOA fee
299 €

Breakdown of Costs

Purchase price 250.000 €
Real estate transfer tax 15,000 € (6.00%)
Notary costs 2,487 € (0.99%)
Land register entry 1,288 € (0.52%)
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: 965€

More accuracy in a few seconds:

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 3.79%

Details

Condition
First occupancy after renovation
Number of floors
10
Level
2nd floor
Bathrooms (number)
1
Bedrooms (number)
1
Number of underground garages
1
Flooring
Vinyl / PVC
Heating
Central heating
Year of construction
1975
Equipment
Balcony, Garden, Basement, Elevator, Full bath, Shower bath

Location

The apartment is located in Wiesbaden Biebrich, in a well-established residential area with excellent everyday convenience and strong rental potential. The surrounding area is characterized by residential buildings and offers a pleasant environment for tenants who value a practical and well-connected location.

Essential amenities such as shops, doctors' offices, schools, kindergartens, and restaurants are easily accessible, depending on the specific micro-location. The excellent public transportation links and access to surrounding roads also make this location attractive for commuters and everyday users.

For investors, the location is particularly interesting because it appeals to a broad range of potential tenants, thus supporting sustainable rental income. The combination of modern living space, solid infrastructure, and an attractive gross yield makes this apartment an interesting investment opportunity.

Location Check

Sports
Shopping
Public Transport
Eating Out
Child Friendliness
Health
Culture
Nature
Nightlife

Energy

Final energy consumption
154.00 kWh/(m²a)
Energy efficiency class
E
Energy certificate type
Consumption certificate
Main energy source
Gas

Miscellaneous

Kalyon Immobilien GmbH
Europa-Allee 11
60327 Frankfurt am Main
[Address]

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Etem Kalyon