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No commission; 13.5% return. City center, 1 minute from the university, balcony, newly renovated.
Maschmühlenweg 6, 37073 Göttingen – NiedersachsenExcellent investment property.
No real estate agent fees.
Minimum yield of 13.50%.
The local authority reports cold rent of €500.00, plus additional costs, and more is paid by tenants with two occupants.
Details of the current rental situation in the building can be found in the document published by the city of Göttingen, shown in the last two images of this listing.
Superb view of Göttingen from the 10th floor of the building.
Property type:
This property is an apartment with a bathroom and kitchen, and a balcony with a storage area on one side, located in an apartment high-rise building.
Outdoor areas:
Parking spaces (as per the property declaration) are available on the grounds (110 uncovered spaces) or in an underground garage (49 spaces).
Are you interested in this apartment?
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Object Number
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OM-489033
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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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Occupied
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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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44.930 €
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Purchase additional costs
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approx. 3,350 €
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Total costs
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approx. 48,279 €
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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: 196€
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Details
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Condition
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As good as new
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Number of floors
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17
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Level
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Higher than 5th floor
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Usable area
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34.1 m²
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Bathrooms (number)
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1
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Number of underground garages
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49
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Number of parking lots
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110
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Flooring
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Laminate, Tiles
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Heating
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Central heating
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Year of construction
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1973
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Equipment
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Balcony, Elevator, Shower bath, Fitted kitchen, Barrier-free
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
The apartment features a built-in closet in the hallway.
The bathroom has white tiles and was recently renovated.
Windows:
The apartment has aluminum-framed double-glazed windows.
The exterior walls of the apartment are designed as window elements, which results in a very bright living space.
Location
Göttingen has a population of approximately 123,000 and is located in Lower Saxony.
Transportation:
The property is centrally located. The train station and highway access are a 5-minute drive away. There is a bus stop directly in front of the building.
Residential Area:
The property is located in the city center, close to the high-speed train station and about a 2-minute walk to the pedestrian zone/city center.
It's a one-minute walk to the university. The district court, tax office, and university are directly across the street.
Shops for everyday needs are in the immediate vicinity. Doctors, kindergartens, and schools are located nearby.
Sunlight/Exposure: Good natural light.
Location Check
Energy
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Final energy consumption
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160.90 kWh/(m²a)
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Energy efficiency class
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E
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Energy certificate type
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Consumption certificate
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Main energy source
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District heating
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Miscellaneous
The condition of the apartment is very good.
The apartment is rented out for a base rent of at least €500.00.
This results in a return of approximately 13.5% for this apartment.
The apartment can be sold either with a tenant or vacant.
Rental:
There is a huge influx of people to Göttingen at the beginning of each semester.
Due to its central location, directly opposite the main university (ranked as Germany's top university), renting it out will not be a problem in the future.
Please provide your full name and address.
If you are interested, we would be happy to arrange a viewing appointment.
All information about the property is provided without guarantee.
I assume no responsibility for the completeness, accuracy, and timeliness of this information.
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