Tax advantages | Depreciation potential | Minimum 5% return | Newly renovated | Immediately rentable.

For sale is a recently renovated 2-room apartment. Located on the 2nd floor of a well-maintained apartment building, the apartment offers a compact and easily rentable layout, featuring a separate bedroom, a living-kitchen area, and a modern bathroom. The major advantage is that the extensive renovation work has already been completed. The apartment has been thoroughly modernized and is presented in a modern, high-quality condition. Instead of having to organize tradespeople, plan renovations, and invest additional capital immediately after purchase, the new owner can focus directly on renting it out. This is particularly attractive to investors: a manageable apartment size, easily predictable costs, and an apartment that is immediately rentable. Therefore, this property is suitable for both buyers who want to start their first investment in a straightforward way and generate rental income as quickly as possible, and for experienced investors who want to expand their existing property portfolio with an attractive, ready-to-rent unit. Invest, rent out, and gradually build your wealth with real estate – without having to buy a construction site first. Key figures for investors:
Purchase price: €100,000
Potential gross rent: approximately €500-€550 per month
Building service charges: approximately €176 per month, including approximately €26 for contributions to the maintenance reserve. With appropriate rental, a model calculation shows a gross rental yield of at least 5% per year (KdU in Essen for 2 people is over €600 per month). The compact size and layout of the apartment are particularly suitable for singles, commuters, or students. The city center of Essen, the university, and the main train station are easily accessible. Free public parking is available directly in front of the building. Energy information:
Year of construction: 1954
Energy performance certificate: Consumption certificate
Energy efficiency class: D
Final energy consumption: 109.8 kWh/(m²·a)
Energy source: Electricity / electric direct heating
Energy performance certificate valid until: 19.10.2031
The apartment has been extensively renovated and can be rented out immediately without any renovation costs – ideal for investors looking for a high-quality renovated property.

The apartment is located in Essen-Altendorf, on a quiet side street with a 30 km/h speed limit, combining a pleasant living environment with the advantages of a central, well-connected location. Shops for daily needs, supermarkets, pharmacies, schools, and public transportation are within a few minutes' reach. At the same time, the apartment is located away from the main traffic artery, offering a more residential environment without sacrificing good infrastructure. The location is also attractive to working professionals: the Ruhr Tech Campus Essen, with its ThyssenKrupp headquarters, is located in the nearby Krupp area. Due to its proximity to major employers and its good connections to the city center and main train station, the location is particularly suitable for working professionals, commuters, and singles. Another advantage is the Niederfeldsee lake, with its promenade and adjacent green spaces. It offers opportunities for walking, cycling, and relaxation, and has significantly enhanced the living and leisure options in the neighborhood in recent years. The nearby Krupp Park also complements the leisure and green space offerings. Overall, the location offers an attractive combination of urban infrastructure, short distances, proximity to important employers, and opportunities for relaxation in green spaces – creating excellent conditions for a long-term and interesting rental property.