Top-renovated ensemble of buildings from the Gründerzeit era, featuring 14 apartments, located in the city center of Wiesbaden.

Property Description:

* Purchase Price: €3,507,000
* Purchase Price per Parking Space: Included in the purchase price.
* Rental Yield: 4.50% per annum. * Depreciation: 6.50%
* Annual Rental Income: €157,704
* First-Year Rental Guarantee
* Renovation Allowance upon Tenant Change: €5,000

For sale is a completely renovated ensemble of buildings from the Gründerzeit era (front and rear buildings), divided into 14 residential units with a total living area of approximately 886 m² – a solid foundation for long-term wealth building. Particularly attractive: the guaranteed net cold rent of €13,142 per month is guaranteed for 10 years. This property generates a positive cash flow after taxes from day one – without rental risk in the initial phase. The price per square meter is significantly below the current regional market average (approximately €4,500/m²) at €3,958/m², offering an excellent price-performance ratio with corresponding potential for appreciation. Investors benefit from an increased depreciation rate for historical buildings (6.5% depreciation) and the possibility of selling the property completely tax-free after a holding period of 10 years. With appropriate creditworthiness, the acquisition is possible without equity – we are happy to assist with the financing process.

Location:

The property is situated in a desirable residential area of Wiesbaden city center, a location with a growing population (approximately 296,000 residents), above-average income levels, and high rental demand. This provides excellent conditions for sustainable rental income. The transport links are outstanding: the nearest motorway exit is only about 2.5 kilometers away. The entire Rhine-Main region is easily accessible by car. Public transport is also optimally developed: a bus stop (Bleichstraße) is located just about 196 meters away, and Wiesbaden's main train station is approximately 1.4 kilometers away. Within a 15-minute radius, the location offers first-class infrastructure, with over 120 shopping options, numerous restaurants and leisure facilities, as well as educational and healthcare institutions – everything that tenants appreciate for their daily lives.