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Completely renovated investment property in Passau: 6% return, ideal for a shared apartment for two people.

94034 Passau – Bayern
199.000 €
2
Room
57.33 m²
Living Area
Private offer
Apartment

Completely renovated down to the finest detail: This 2-room apartment in Passau-Grubweg was completely refurbished in 2026 by local specialist companies. Approximately €1,000 per square meter was invested in the renovation – every aspect is documented with invoices from the companies that carried out the work. Not only the surfaces were renewed, but the entire technical infrastructure: the electrical wiring has been completely replaced, including a new distribution board with RCD (residual current device) protection. The bathroom was stripped back to the concrete floor and rebuilt with new waterproofing, a glass shower enclosure, and a towel radiator. In addition, there is a new fitted kitchen, a durable design vinyl flooring, new doors, new radiators, a new hot water tank, and professionally plastered and painted walls and ceilings. This means for you: no deferred maintenance, no need for further investment, and no tradespeople disturbing the tenants. An investment that pays off: As a furnished 2-room apartment, the property generates approximately 6% gross rental yield, with a calculated annual net cold rent of €11,940. The layout makes this possible: both rooms, approximately 15 and 20 square meters in size, are separately accessible from the hallway, and the larger room opens onto its own south-facing balcony. Upon request, the apartment can be furnished as a shared accommodation for an additional fee. We can also handle the tenant search – a ready-to-rent investment property with no effort on your part. Please note that some of the images are visualizations and show an example furnishing. The apartment is also ideal as a new home: bright, quiet, and ready to move in immediately. We would be happy to provide you with a detailed overview of the renovation work, including all contractors, upon request.

Are you interested in this apartment?

Object Number
OM-508064
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
199.000 €
Purchase additional costs
approx. 10,005 €
Total costs
approx. 209,004 €
HOA fee
210 €

Breakdown of Costs

Purchase price 199.000 €
Real estate transfer tax 6,965 € (3.50%)
Notary costs 2,006 € (1.01%)
Land register entry 1,034 € (0.52%)
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 4.52%

Details

Condition
First occupancy after renovation
Level
1st floor
Bathrooms (number)
1
Flooring
Tiles, Vinyl / PVC
Heating
Other
Year of construction
1969
Equipment
Balcony, Basement, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Public transport

Information on equipment

RENOVATION COMPLETED IN 2026 – AVAILABLE FOR IMMEDIATE MOVE-IN

Kitchen:
• New fitted kitchen with induction cooktop
• Oven with steam function, dishwasher, refrigerator

Bathroom:
• New bathroom with natural light, featuring a glass shower enclosure and thermostatic faucet
• Seamless wall panels with a marble-like finish
• Electric towel warmer

Electrical and Heating:
• New electric radiators, individually controllable in each room
• 150-liter hot water tank and under-sink water heater in the kitchen
• Completely new electrical installation with RCD (residual current device) protection and surge protection

Floors, Walls, Doors:
• Designer vinyl flooring with an oak-like finish, usage class 33, water-resistant
• Walls and ceilings professionally plastered and painted
• New interior doors with frames
• New apartment entrance door, custom-made by a carpenter

Additionally:
• Sunny south-facing balcony
• Storage niche with washing machine connection
• PVC windows with thermal insulation and blinds
• Private cellar compartment

Location

The apartment is located in Passau-Grubweg, a quiet and green residential area north of the Danube. A bus stop is located right outside the building, and the city center and university are just a few minutes away – students can reach them for free with their semester ticket. The nearest supermarket is approximately 550 meters away.

Passau is a well-established university town with around 10,500 students, and there is consistently high demand for shared accommodation at the beginning of each semester.

Location Check

Child Friendliness good
Nature good

Energy

Energy efficiency class
F
Energy certificate type
Demand certificate
Main energy source
Electricity
Final energy demand
174.90 kWh/(m²a)

Miscellaneous

The homeowners' association continuously invests in the building: The renovation of the facade and balconies has been approved and will be fully funded from the reserve fund, without any special assessments. The new fire doors will also be financed from the reserve fund. According to the minutes, there have been no special assessments since 2018.

The apartment is heated exclusively electrically. Since each apartment in the building has its own heating system, this means for you: no shared heating system, no charges for a central heating system, no maintenance, and no heating cost statements.

Viewings are available by appointment.

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: Johanna Pichler