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Over 5% return, spacious apartment with significant potential for appreciation in the next 3 years, including a parking space.

63067 Offenbach (Offenbach am Main) – Hessen
205.000 €
2
Room
70 m²
Living Area
Private offer
Apartment

Excellent rental income.

No realtor fees.

Double the depreciation (4% depreciation for wear and tear) compared to the average.

Cold rent: €860. Parking space: €40. This totals €10,800 per year.
Warm rent: €1,131.

The two-bedroom apartment offers plenty of space and is in high demand from couples and small families.

Service charges: €540.
Of which:
€271 is pass-through (can be passed on to tenants).
€71 is non-pass-through.
€248 is for reserve funds for modernization and value-enhancement measures.

The reserve fund contributions will be reduced once the modernization work is completed.
Planned for the next 3 to 5 years are the renovation of the facade and the refurbishment of the underground parking garage.

This will lead to significant increases in property value, as will the large construction site opposite, which is continuing to be developed. Many new businesses and jobs are being created there.

Operating costs are decreasing, the contributions to the reserve fund are decreasing, and rents are increasing.

For example:
Volkswagen in Wolfsburg is eliminating approximately 50,000 jobs... people are coming here to Frankfurt, Offenbach, Stuttgart, etc., to find apartments and jobs. Demand and property prices are continuing to rise.

Are you interested in this apartment?

Object Number
OM-495019
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
205.000 €
Purchase additional costs
approx. 15,593 €
Total costs
approx. 220,593 €
Purchase price garage/parking space
5,000 €
HOA fee
540 €

Breakdown of Costs

Purchase price 205.000 €
Real estate transfer tax 12,300 € (6.00%)
Notary costs 2,185 € (1.07%)
Land register entry 1,109 € (0.54%)
Broker commission 0€ (0%)

* 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: 865€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.33%

Details

Condition
Well-kept
Level
Ground floor
Usable area
4 m²
Number of parking lots
1
Flooring
Laminate, Carpet, Tiles
Heating
Central heating
Equipment
Balcony, Basement, Elevator
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The location is extremely close to the highway and expressway. You can reach Frankfurt in just a few minutes, and Darmstadt in 30 minutes. All shops, and many modern, newly built businesses, are in the immediate vicinity and within walking distance. The bus stop is right outside the door. You can also reach the city centers of Offenbach and Frankfurt in just a few minutes using public transportation.

Location Check

Shopping
Public Transport
Sports
Eating Out
Culture
Health
Nightlife
Child Friendliness
Nature

Energy

Main energy source
Gas

PDF

Miscellaneous

It is also possible to terminate the contract for personal use.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Normen Struck