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Investment Opportunity: Renovated 3-room apartment, approximately 6% ROI, with NO commission fees.

45127 Essen – Nordrhein-Westfalen
185.000 €
3
Room
78 m²
Living Area
Private offer
Apartment

Designed for expat buyers who want to invest in German real estate the right way, with a focus on properties that generate income, helping people build wealth, without the obstacles of financing, paperwork, or navigating an unfamiliar market alone. The process runs from start to finish: the right property is sourced, renovations are overseen where needed, and owners are connected with reliable property management once the purchase is complete. No upfront investment is required for these properties, allowing buyers to grow a portfolio without tying up large amounts of capital initially.

Description:
This newly renovated 3-room apartment in Essen is being offered directly, with the seller covering all closing costs. The apartment is 78 m², well-designed, and bright. It's suitable for investors purchasing their first property as well as those expanding an existing portfolio, and it can be handed over already rented, meaning income starts immediately.

Price breakdown:
• Net purchase price: €185,000 (excluding closing costs)
• Closing costs of approximately €15,500 are covered by the seller, so you pay €0.

Key figures:
• Approximately 6% ROI
• Approximately. €850 per month for the base rent.
• €0 closing costs for the buyer.
• No agent, no commission.
• Financing support is available to help minimize the amount of equity you need to contribute.

If you are an expat looking to invest in Germany and want to understand how the process works, please contact us to discuss the details and see if this investment approach is suitable for you. If this particular property is no longer available, let us know what you are looking for. We usually have other investment properties available that may meet your criteria.

Are you interested in this apartment?

Object Number
OM-477235
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
By arrangement

Purchase price & additional costs

purchase price
185.000 €
Purchase additional costs
approx. 15,006 €
Total costs
approx. 200,005 €
HOA fee
300 €

Breakdown of Costs

Purchase price 185.000 €
Real estate transfer tax 12,025 € (6.50%)
Notary costs 1,974 € (1.07%)
Land register entry 1,007 € (0.54%)
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: 746€

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 4.05%

Details

Condition
Rehabilitated
Level
2nd floor
Usable area
78 m²
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1961
Equipment
Balcony, Basement, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

Honestly, the location is one of the things I like most about this apartment. It's situated in a well-connected residential area of Essen, one of the largest cities in the Ruhr region and one of Germany's most active rental markets, with everything close by and the entire Rhine-Ruhr area within easy reach.

Shops, doctors, schools, and kindergartens are just a few minutes away, and the city center, with its shops, cafes, and restaurants, is nearby. There's also plenty of green space in the area, from the Grugapark to the Baldeneysee and the parks along the Ruhr, which makes the whole area very pleasant and highly sought-after.

And the transport links are excellent: a comprehensive public transport network with S-Bahn (suburban train), U-Bahn (subway), and trams, plus quick access to the autobahns (A40, A42, and A52), allowing you to quickly reach Düsseldorf, Dortmund, Bochum, and the surrounding business centers. This is exactly the kind of location that remains in high demand and is easy to rent out, whether it's your first investment property or the next addition to your portfolio.

Location Check

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

Energy

Final energy consumption
112.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
District heating

Miscellaneous

All information in this listing is based on my own knowledge, as well as information provided to me by third parties. Despite careful review, I cannot accept any liability for the accuracy, completeness, or timeliness of the information contained herein. All details, particularly regarding floor areas, tenancy agreements, rental yields, fittings, and other property data, are provided solely as non-binding preliminary information. Errors, changes, and prior sale are expressly reserved. Only the provisions of the notarized purchase agreement are legally binding.

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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Commission: No commission for buyers

Offer from: Jule