Completely renovated apartment with a new kitchen, modern bathroom, and attractive investment potential.

This recently renovated apartment impresses with its modern, bright, and well-maintained overall appearance. The property has been completely renovated: the electrical system and plumbing have been updated. The walls are finished with a textured plaster, and the ceilings are suspended with modern LED recessed lighting. The living area is bright and open. The flooring, with a wood-look finish, creates a warm and inviting atmosphere. The adjacent kitchen has been newly installed and features a modern, light design with a wooden countertop, hob, oven, extractor fan, and sink. The bathroom has also been modernized and features large-format gray tiles, a walk-in shower with a glass partition, a wall-mounted toilet, and a washbasin. The entire apartment feels modern, clean, and ready to move into due to its consistent design. According to our assessment, the apartment can easily be rented out for approximately €650 per month (excluding utilities), making it particularly attractive to investors. Features:
- Completely renovated
- New electrical wiring
- New plumbing
- New fitted kitchen
- Modern bathroom
- Walk-in shower with glass partition
- Wall-mounted toilet
- Suspended ceilings
- LED recessed lighting throughout the apartment
- Textured walls
- Modern flooring with a wood-look finish
- Bright living spaces
- Ready for immediate occupancy
- Suitable for personal use or as an investment property
Purchase Price:
€120,000
Potential Rental Income / Investment:
The apartment can likely be rented for approximately €650 per month (excluding utilities). Annual gross rent:
€650 × 12 = €7,800
Gross return based on the purchase price:
€7,800 ÷ €120,000 × 100 = 6.5% per annum
Financing Example with 100% Financing
Assumptions:
Purchas­e Price: €120,000
Down Payment: €0
Loan: €120,000
Interest Rate: 4.0% per annum
Amortization: 1.5% per annum
Total Rate: 5.5% per annum
Monthly Payment: €550
Comparison with Potential Gross Rent:
€650 (Gross Rent) – €550 (Loan Payment) = €100 (Surplus before utilities, building charges, maintenance, administration, taxes, and non-reimbursable costs).
Important Note Regarding the Advertisement:
Purchase ancillary costs such as property transfer tax, notary fees, and land registry fees are not included in this calculation. With a true 100% financing, only the purchase price is financed. If the ancillary costs are also financed, it is more accurately described as a 110% financing.