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Karlsruhe City Center: 5% potential return (up to 6%) – furnished and currently rented.

Ritterstr 24, 76137 Karlsruhe (Südweststadt) – Baden-Württemberg
479.000 €
4
Room
140 m²
Living Area
Apartment
Ground floor apartment

**5.01% Gross Yield – with potential for around 6%**

A fully rented, furnished investment property in a central location in Karlsruhe, just a few steps from the Nymphengarten park.

**THE FIGURES**

- Purchase price: €479,000
- Cold rent: €2,000/month · €24,000/year
- Current gross yield: **5.01%**
- Price-to-rent ratio: 20
- Price per square meter: **€3,424/m²** on 140 m²

**THE ADVANTAGES**

- Four spacious, furnished student rooms, each approximately 20 m²
- Fully rented – generating ongoing rental income
- Modernized and furnished in 2026
- Spacious communal areas
- District heating and energy efficiency class D
- Central city location with park, public transport, and local amenities
- Attractive price per square meter
- Additional tax potential through depreciation and a shorter remaining useful life

**FURTHER YIELD POTENTIAL**

With a future cold rent of €600, the gross yield would be **6.01%**

**An existing investment with ongoing income, a spacious living concept, and additional development potential.**

Are you interested in this apartment?

Object Number
OM-506558
Object Class
Apartment
Object Type
Ground floor apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
479.000 €
Purchase additional costs
approx. 30,410 €
Total costs
approx. 509,409 €
HOA fee
300 €

Breakdown of Costs

Purchase price 479.000 €
Real estate transfer tax 23,950 € (5.00%)
Notary costs 4,272 € (0.89%)
Land register entry 2,188 € (0.46%)
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: 1,954€

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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 4.12%

Details

Condition
First occupancy after renovation
Number of floors
4
Level
Ground floor
Usable area
8 m²
Bathrooms (number)
2
Bedrooms (number)
4
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1958
Equipment
Full bath, Shower bath, Fitted kitchen, Guest toilet
Infrastructure
Grocery discount, Public transport

Information on equipment

**Modernized and Furnished (2026)**

- 4 spacious, furnished rooms, each approximately 20 m²
- Bed and desk in each room
- Generous communal area with a dining space
- Fitted kitchen
- Bathroom with shower and separate toilet
- Washing machine and dryer
- Laminate and tile flooring
- Characterful hallway with decorative tile flooring and a compass rose design
- Separate basement room (approximately 8 m²)
- District heating
- Energy efficiency class D (111 kWh/m²a)

**Spacious layout, complete furnishings, and an already established shared living concept.**

Location

**Karlsruhe-Südweststadt – Karlstor & Nymphengarten**

Centrally located in the city center, right next to the Karlstor gate, and just a few steps from the Nymphengarten park.

Excellent tram and subway connections. Shops, restaurants, doctors' offices, and green spaces are all within walking distance.

The proximity to the city center and the Karlsruhe universities makes this location particularly attractive for students and professionals.

**Urban living with short commutes and a high quality location – ideal conditions for a furnished shared apartment investment property.**

Location Check

Nearest places
Nearest places

Energy

Final energy consumption
111.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
District heating

Miscellaneous

Legal and Tax Potential
The change of use to residential space for short-term rentals was approved on July 21, 2026. The condominium association initially allowed short-term rentals to students on a trial basis. INTERESTING DEPRECIATION POTENTIAL FOR INVESTORS
The following figures are a non-binding model calculation. With a purchase price of €479,000, assumed ancillary purchase costs of 8%, and an estimated share of the building of 85%, the basis for depreciation calculation is approximately €440,000. Possible depreciation scenarios:
Standard building depreciation (2%): approximately €8,800 per year
Increased depreciation based on a remaining useful life of 25 years (4%): approximately €17,600 per year
Additional depreciation: approximately €8,800 per year
Calculated tax relief at a marginal tax rate of 42%: approximately €7,400 per year due to the total building depreciation
(--> You pay €7,400 less in taxes, or receive €7,400 back :) - every year! In year 1, an additional tax refund of €5,000 is possible due to furniture. We would be happy to explain the calculations to you and assist you in the assessment together with a qualified expert and your tax advisor. Further documentation and viewings are available upon request.

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Offer from: Mathias Hübscher