- Immobilien
- Bayern
- Kreis Nürnberg
- Nürnberg
- Beautifully renovated one-bedroom apartment with a living kitchen, waiting for its new owner!
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Beautifully renovated one-bedroom apartment with a living kitchen, waiting for its new owner!
Wirthstraße 25, 90459 Nürnberg (Galgenhof) – BayernExcellent renovated 1-room apartment with a kitchen-living room area, bright and welcoming, waiting for a new owner! Perfect for owner-occupiers and investors. Very low tax burden due to high depreciation (see below)!!! Living space approximately 39m2. Purchase price: €215,000.
Purchase price breakdown:
- €45,000 - Land share
- €160,000 - Apartment unit
- €4,000 - Kitchen + dining table with chairs
- €6,000 - Gas boiler
The apartment has an area of approximately 40m2 and is located on the 4th floor of a building constructed in 1952. There is no elevator. It has a large kitchen where a table comfortably seats 4 people. This leaves plenty of space in the living room. Large windows are in all rooms and the bathroom. Everything is very bright. The condition of the apartment is truly excellent. Owner-occupiers can move in immediately. Investors should refer to the financial details below. They are also excellent! The apartment is vacant and available immediately. Additionally, the apartment includes a storage room in the basement. The apartment is not subject to rent control because it was completely renovated in 2016. During the renovation, the electrical system throughout the apartment was completely replaced. All electrical cables were installed within the walls, and a new electrical distribution box was installed. Corresponding electrical outlets were fitted in the ceilings and walls where necessary. Recessed ceiling lights were installed in the hallway. The bathroom was completely retiled, with new bathroom fixtures. The shower enclosure was custom-made and installed. Moving a wall also created space for a washing machine in the bathroom. All floors, door frames, and doors were replaced, and the apartment's entrance door was also exchanged. Heating and hot water are provided by a gas-fired boiler. In 2022, a new gas boiler with remote control was installed. It is a so-called "comfort" boiler. The monthly cost is 90.98 EUR. This includes a fixed monthly charge of 19 EUR for maintenance, which is passed on to the tenant as part of the operating costs. The last maintenance check of the gas boiler was performed in June 2026.
Are you interested in this apartment?
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Object Number
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OM-479520
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Object Class
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Apartment
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Object Type
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Apartment
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Is occupied
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Vacant
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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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215.000 €
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Purchase additional costs
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approx. 10,877 €
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Total costs
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approx. 225,877 €
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HOA fee
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101 €
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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
Does this property fit my budget?
Estimated monthly rate: 870€
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Details
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Condition
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As good as new
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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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1
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Heating
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Floor heating
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Year of construction
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1952
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Information on equipment
Financial Aspects for Investors:
Depreciation:
- Land share: 0%
- Residential unit: 2.5% per year = €4,000 per year (according to the expert report on the reduced remaining useful life, not yet confirmed by the tax office).
- Kitchen + gas boiler: 10% per year = €1,000 per year. - Monthly payment for the gas boiler (Comfort model): €71.98 x 12 = €863.76 per year. - Non-transferable operating costs: approximately €400 per year. => Therefore, the annual depreciation potential is approximately €6,300.
The expected rent is approximately €700 per month plus operating costs. The last rent was €590 per month (lease ends in March 2026). The previous advance payment for operating costs was €70 per month. Monthly operating costs:
- Building service charge: €100.70 per month. Of this, approximately €57 can be passed on to the tenant. - Flat-rate maintenance for the gas boiler: €228 per year (can be passed on to the tenant).
- Reserve fund contribution: €59.15 per month (cannot be passed on).
The reserve fund contribution for the residential unit is €1,642.80 as of April 30, 2025. The property tax for the city of Nuremberg for the residential unit is €114.16 per year (also chargeable to the tenant).
The homeowners' association as a whole gets along very well. There are no disputes. Many homeowners live in the apartments themselves. The building comprises a total of 14 residential units. There are no outstanding maintenance issues or similar problems. No major investments are planned. Extraordinary charges are not anticipated (see the minutes of the owners' meetings). The property is professionally managed. If you are seriously interested, relevant documents such as the declaration of division, financial plan, service charge statements, minutes of the most recent owners' meetings, and the energy performance certificate can be provided. The sale is being handled privately, without the involvement of a real estate agent.
Location
Location and Surroundings
This well-maintained apartment building is centrally located yet quiet, situated at Wirthstraße 25 (a side street) in the Lichtenhof district, and comprises 14 apartments. The side street offers parking spaces for residents, as well as free parking, creating a relaxed atmosphere throughout the day. The absence of buildings directly in front of the property provides the added benefit of excellent natural light. All windows face west.
Location Advantages:
The building boasts excellent infrastructure:
+ Nuremberg Main Station is within walking distance, 550 meters / 6 minutes.
+ A tram stop is just around the corner, 140 meters / 2 minutes (Hummelsteiner Weg stop).
+ An underground station is within walking distance, 500 meters / 6 minutes (Aufseßplatz station).
Universities and Education:
+ Georg Simon Ohm Technical University is 1600 meters / 20 minutes away.
+ Many other universities, such as the FAU Wiso Faculty of Economics and Social Sciences, are easily accessible on foot or within three stops on the underground.
Green Spaces Nearby:
+ Humoldtplatz, 230 meters / 3 minutes.
+ Annapark, 650 meters / 8 minutes.
+ Südstadtpark, 650 meters / 8 minutes. The newly renovated Südstadt swimming pool is also located nearby and is easily accessible on foot (approximately 650 meters / [time]). At the "Aufseßplatz" intersection, you'll find a variety of shops, market stalls, and restaurants. A new shopping center has been built on the corner of Wölkernstraße and Pillenreuther Straße, featuring grocery stores, a pharmacy, and doctors' offices. The former "Horten" department store will also be rebuilt soon.
Lifestyle:
+ A wide selection of restaurants, cafes, and bars.
Culture:
+ Casablanca independent cinema.
+ Südstadtforum, a center for education in Nuremberg.
Location Check
Energy
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Energy certificate type
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Demand certificate
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Main energy source
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Gas
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Final energy demand
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170.50 kWh/(m²a)
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Miscellaneous
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