Centrally located, yet quiet, 3-room apartment with a balcony and parking space, ideal as an investment property, commission-free.

The apartment is located within a residential complex renovated in 2010, dating back to the 1960s. It is situated on the 1st floor of a building with three apartments. It consists of a hallway, from which two bedrooms, the large living/kitchen area with access to the balcony, the shower bathroom, the guest toilet, and the utility room are accessible. The apartment originally had 4 rooms, but in 2011/2012, it was reconfigured and extensively renovated with high-quality materials, potentially for future personal use by the current owner. Since then, it has been continuously rented to the current tenants. The net cold rent is €7.11 per square meter, which is significantly below the local rental index. The last rent increase was in October 2024. Here are the key details:
- 3-room apartment on the 1st floor with shower bathroom, guest toilet, utility room, and balcony.
- 97.74 square meters
- Suitable for shared living (2 or potentially 3 bedrooms)
- Parking space
- Gas central heating
- Cellar
House fees (WiPlan 2026): €350
- Share of building maintenance costs: approximately €200
- Non-shareable building maintenance costs: approximately €50
- Insurance costs: approximately €100
Maintenance reserve for the building (3 units) as of December 31, 2025: approximately €25,500; calculated share for the unit: approximately €8,600
Property tax: Approximately €176
Current rent since October 1, 2024:
- Net cold rent: €695 (€7.11/square meter)
- Operating costs (including building services): €135 (excluding heating costs)
- Parking space: €30
Total net rent: €725
Annual net rent: €8,700

The Bayreuth-Altstadt district is a well-established and popular residential area – close to the city center yet peaceful. Gagernstraße is a quiet residential street (a dead-end street with a turnaround area) with housing and green spaces. Shops for daily necessities, schools, and city facilities are easily accessible. It offers good connections to the city's transportation network and public transport.