Care apartment as an investment property: 5.92% net rental yield, lease agreement until 2040, no risk of vacancy.

Here, you can purchase an apartment that requires no maintenance. This assisted living apartment is located in a senior living facility in Meinersen, district of Ohof, and is leased to the operator of the facility. You are the owner, while the operator manages the property. The building was constructed in 1984 and underwent a complete renovation and expansion in 2016. You receive rent payments every month, regardless of whether the apartment is occupied. The lease agreement does not include an occupancy clause, meaning the risk of vacancy is borne by the operator. The net rent is €488.43 per month, totaling €5,861 per year. With a purchase price of €99,000, this results in a net rental yield of 5.92%. The monthly service charge (Hausgeld) is €44.33 (€532 per year). Even after deducting the service charge, a yield of 5.38% remains. There is nothing else to manage. The lease agreement runs until 2040. After that, the operator can extend the lease twice, for periods of five years each, with a notice period of 12 months. This means you can expect predictable income for many years. In addition, there is a preferential right that you rarely find with investment properties. The operator offers you the next available apartment in their senior living facilities for rent. This applies to your spouse, children, and parents as well. This means the property could potentially benefit your own family in the future. Due to demographic changes, the demand for assisted living facilities is constantly increasing. Meinersen is located in the Gifhorn district, between Wolfsburg, Gifhorn, Braunschweig, and Hannover. We are selling privately, without any real estate agents and without any commission.

The apartment is located in Ohof, a district of the municipality of Meinersen in the Gifhorn district (Lower Saxony). Meinersen has just over 8,000 residents and is situated between Wolfsburg, Gifhorn, Braunschweig, and Hannover. The area is rural and peaceful, and the cities are easily accessible by car. For everyday needs, the village has the essentials. A local shop is just about 300 meters away, and an asparagus farm is about 750 meters away. Larger supermarkets like Netto and REWE are located 3.5 to 4.5 kilometers away. A daycare center is about 200 meters away, and a school complex and other kindergartens are located in Meinersen, about 3 kilometers away. A playground and the village community center are about 200 meters away, and sports facilities are about 550 meters away. Doctors, pharmacies, and restaurants are available in Meinersen and the surrounding villages: pharmacies are about 3.5 to 4 kilometers away, and restaurants are available from about 2 kilometers away. This is sufficient for residents of a care facility, as care and support are provided within the facility. The location is also interesting for investors for two reasons. The Gifhorn district is within the catchment area of Wolfsburg and Braunschweig, which have a stable demand for housing and care facilities. The population in Meinersen has grown by a good 3% in the last 5 years, and the unemployment rate is 4.3%.