3-room apartment with balcony and garage – completely renovated in 2022 – attractive investment property.

FEE-FREE

INFO: The images shown here were taken before the current tenants moved in. This apartment is being offered for sale with the option of being rented out: This bright apartment, approximately 88 square meters, is located on the first floor of a well-maintained building and features 3 rooms, an open-plan kitchen area with a fitted kitchen, a shower room, a small storage room, and a balcony facing southwest. The apartment was renovated in 2022, including the flooring, interior doors, bathroom, kitchen, and paintwork. In 2025, new water pipes were installed in the building. The apartment includes a cellar, a laundry room, and a parking space in a garage. From the entrance hall, you can access the bright living/dining room through another hallway. This room has direct access to the southwest-facing balcony. The kitchen area is integrated into the living/dining room and features a modern, light-colored fitted kitchen. From the hallway, you can also access the large and small bedrooms, as well as the shower room. The monthly service charges (Hausgeld) amount to approximately 402 EUR. In addition, there is a current maintenance reserve of approximately 98 EUR per month. The annual net cold rent (Jahresnettokaltmiete) is 12,600 EUR. (€11,880 apartment | €720 garage)
The current tenants pay a monthly utility bill advance of €350 (including €150 for heating). The lease is unlimited (no staggered or indexed rent) and has been in effect since October 1, 2025. The maintenance reserve, as of December 31, 2024, is €105,323.37. The following renovations were carried out in 2025:
• Pipework renovation.

The apartment is located in a desirable residential area of Bad Schwartau, close to the city center.

Bad Schwartau is the largest town in the Ostholstein district and offers excellent infrastructure. You'll find everything you need in the city center, including:

Shops for daily necessities, retail stores, banks, cafes/restaurants, schools/daycare centers, doctors/pharmacies, a cinema, a train station, etc.

Due to its proximity to the Hanseatic city of Lübeck and the easy access to the Baltic Sea resorts of Travemünde, Timmendorfer Strand, and Scharbeutz, Bad Schwartau is particularly popular with young families.

Here are some approximate distances:

+ City center: approximately 1.2 kilometers
+ Train station: approximately 1.6 kilometers
+ Lübeck: approximately 8 kilometers
+ Timmendorfer Strand: approximately 10 kilometers
+ Scharbeutz: approximately 14 kilometers
+ Travemünde: approximately 15 kilometers
+ Hamburg: approximately 69 kilometers