Purchase a property without a down payment, confirmed by the bank.

Rented 1-bedroom apartment with approximately 23 square meters of living space, located in a multi-family building constructed in 1973, with a total of 61 units, in Esslingen am Neckar.

The building underwent a comprehensive modernization in 2021 and 2022. The facade (with insulation), roof, windows, balconies, entire electrical system, and heating system were all renewed. The energy performance certificate indicates an energy consumption of 64.2 kWh/(m²·a) and an energy efficiency class of B, which is a very good value for a building of this age. Based on current knowledge, there is no foreseeable need for short-term investment in the communal areas.

The apartment is currently rented and will be transferred to the buyer with the existing lease agreement in place.

The buyer will not be charged any commission. The seller will manage the rental property for the new owner for the first year and will contribute €10,000 to the maintenance reserve fund for the establishment of the homeowners' association.

We will provide all relevant documents, including the declaration of ownership, land registry extract, lease agreement, calculation of living space, and energy performance certificate, to interested parties in an organized manner.

Esslingen am Neckar, with a population of approximately 95,000, is the tenth-largest city in Baden-Württemberg and is located about 15 kilometers southeast of the center of Stuttgart. The city combines a well-preserved medieval old town with one of the strongest industrial locations in the region. The property is located in the south of the city, in a quiet, green hillside location above the Neckar valley. The surrounding area is characterized by scattered residential development, woodland edges, and vineyards, offering extensive views over the valley. Those seeking peace and greenery will find significantly more of it here than in central locations, while the city center is easily accessible in just a few minutes.

Transportation:
Bus stop within approximately 5 minutes' walk.
City center of Esslingen: approximately 9 minutes.
Esslingen main train station with the S-Bahn line S1, with a direct connection to Stuttgart main train station (no changes required), travel time approximately 25 minutes.
Highway A8: approximately 23 minutes.
Airport and Stuttgart trade fair: approximately 32 minutes.
Esslingen University of Applied Sciences: approximately 12 minutes.

The regional job market supports the demand for rental properties. The largest employers in Esslingen and the surrounding area include Robert Bosch, Mercedes-Benz, Festo, Mahle, the Eberspächer Group, Hengstenberg, Neumann and Müller, and internetstores. Esslingen University of Applied Sciences, with several thousand students, also contributes to a consistent demand for smaller and medium-sized apartments. All necessary amenities, including shops, doctors, kindergartens, and schools, are fully available within the city. Please note the hillside location: immediate local amenities are not within walking distance, and using a bus or car is recommended for weekly shopping.