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Investment opportunity in Nuremberg: Furnished 3-bedroom apartment in the attic | New construction standard | 6% return.
90459 Nürnberg (Galgenhof) – BayernFor sale is a completely renovated and high-quality furnished 3-room penthouse apartment. This unit was designed as a modern apartment for three people and is the largest apartment in the building.
Thanks to the comprehensive renovation to new construction standards, the high-quality finishes, and the complete furnishings, this property offers an attractive investment opportunity with immediate rental potential. The projected gross rental yield is approximately 6.0% per year. In addition, the buyer benefits from a first-letting guarantee and attractive tax advantages.
The building features energy-efficient technology, including an energy efficiency rating of B, district heating, insulated facades, and a renovated roof.
The combination of high-quality finishes, a desirable location, and a proven shared accommodation concept makes this unit a particularly interesting investment opportunity with long-term potential for appreciation and rental income.
Are you interested in this apartment?
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Object Number
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OM-466847
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Object Class
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Apartment
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Object Type
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Attic apartment
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Is occupied
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Occupied
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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308.000 €
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Purchase additional costs
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approx. 15,171 €
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Total costs
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approx. 323,171 €
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Breakdown of Costs
* 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
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Estimated monthly rate: 1,193€
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Details
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Condition
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First occupancy
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Number of floors
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1
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Level
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4th floor
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Bathrooms (number)
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1
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Bedrooms (number)
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3
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Heating
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Central heating
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Equipment
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Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
As part of a comprehensive renovation, all major systems were completely renewed:
* Completely new electrical installation
* New water, sewage, and heating pipes
* District heating connection
* Modern bathroom fixtures
* New flooring in all rooms
* Newly plastered walls and ceilings
* LED recessed lighting
* New interior doors
* Insulated facade
* New roof, including insulation
* Energy efficiency class B
* Fully furnished
* Unique student housing concept with three separately rentable rooms.
Location
The property is located in the popular southern district of Nuremberg. Its central location offers easy access to the city center, the main train station, and numerous universities, colleges, and major employers.
Shopping facilities, restaurants, cafes, doctors' offices, and pharmacies are all located in the immediate vicinity. Tram, bus, and suburban train connections are conveniently accessible on foot, ensuring excellent mobility throughout the entire metropolitan area.
This location is particularly well-suited for students, young professionals, and commuters, and offers excellent conditions for consistently high rental demand.
Location Check
Energy
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Main energy source
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District heating
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Miscellaneous
Tax Benefits & Rental Concept:
In addition to the attractive return, the apartment offers interesting tax advantages. A report on the remaining useful life of the building is available, which allows for an increased depreciation rate of approximately 4.5% per year. This is significantly higher than the standard depreciation rate and can noticeably improve ongoing tax relief. Furthermore, a portion of the purchase price can be classified as renovation expenses. Under certain conditions, this can be claimed for tax purposes in the first year, providing an additional benefit for investors. In addition, the apartment is sold fully furnished and ready to move in. All furniture is included in the purchase price. An initial rental guarantee provides additional planning security: the seller will guarantee the first rental at the advertised rent. The proven shared living concept allows for rental income in this location that regularly exceeds that of a traditional single-let apartment, forming the basis for the attractive return on the property. Note: The tax implications depend on the individual circumstances of the buyer and should be discussed with their tax advisor.
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: Timo Steidtner
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