5.7% rental yield - Completely renovated 3-room apartment, ideal for investment - No commission fees.

Completely renovated investment apartment in a multi-family building constructed in 1950, located in Nuremberg-Steinbühl. The building will undergo a complete renovation and modernization in 2026. According to § 8 of the German Condominium Act (WEG), the building is divided into units, and after the planned attic conversion, it will comprise ten apartments. This apartment is located on the 2nd floor, on the left side, and has approximately 65.52 square meters, three rooms, and a balcony. The layout is designed for individual room rentals: the three rooms are rented separately, and the total cold rent amounts to €1,650 per month. This concept is in high demand in the Nuremberg South district because the main train station, city center, universities, and hospital are easily accessible.

Based on the purchase price and cold rent, the gross rental yield is approximately 5.7% (no guarantee of future income). FMD Invest will handle the initial rental and tenant search, and includes a 24-month rental guarantee. The condominium and rental management are already in place, and the individual unit management can be booked if desired. Therefore, the buyer does not have to worry about tenants or ongoing management. From a tax perspective, the building share is approximately 89% of the purchase price, and the depreciation, based on the shortened remaining useful life, is approximately 2.38% per year.

The building is located on Gebhard-Ott-Straße, in the western part of Nuremberg's city center. The Steinbühl district is a popular residential area due to its central location, excellent public transportation links, and convenient access to amenities. The apartment boasts a central and well-connected location. Numerous shops for daily necessities, supermarkets, and cafes are located in the immediate vicinity, within walking distance. Thanks to the excellent public transportation (with trams and buses practically at the doorstep, and S-Bahn and U-Bahn stations within walking distance), the city center can be reached in just a few minutes. For leisure activities in a green environment, the Melanchtonplatz offers opportunities for play, sports, and relaxation.