2-room apartment with potential for appreciation.

The 2-room apartment is located on the first floor of a building constructed in 2015, meeting KfW 55 energy efficiency standards. It features underfloor heating, a balcony, a ventilation system, and a fitted kitchen. It is situated in Timmendorfer Strand, at Hauptstraße 2A, on the outskirts of the town. A balcony and a parking space (available for rent upon request) are included. The apartment was built with public funds (low-interest loan), and therefore, it can only be rented to individuals holding a valid "Wohnungsberechtigungsschein" (housing entitlement certificate). The current base rent is €6.06 per square meter, which amounts to approximately €284 per month. The apartment can be rented furnished, with a furniture rental cost of approximately €200 per month. The maximum total rent (including utilities) is €758 per month. Up to this limit, the "Jobcenter" (employment office) may also contribute. The base rent can be increased by 9% every three years, with the next increase scheduled for January 1, 2028. The agreement with the investment bank is valid until 2049, after which the social restrictions will be lifted, and the property's value is expected to increase significantly. Therefore, it is an ideal investment, for example, for children. There is a high demand from potential tenants. The apartment is currently available, although it could be handed over to a tenant immediately.

Main Street 2a, 23669 Timmendorfer Strand.