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Apartment in a prime location - right next to the University of Mannheim!

68161 Mannheim – Baden-Württemberg
99.500 €
1
Room
23 m²
Living Area
Private offer
Apartment

This attractive one-bedroom apartment is located in one of the most desirable residential areas of Mannheim, in the popular "Quadrates" district. It offers a central location, an existing rental agreement with ongoing rental income, and long-term potential for appreciation. This property provides investors with the opportunity to generate regular rental income from the outset. At the same time, it offers buyers the prospect of future personal use. The apartment is located in close proximity to the University of Mannheim and boasts an excellent location within the city. Both the university and Mannheim Central Station, the "Paradeplatz" (main square), and the Rhine waterfront are easily accessible on foot in just a few minutes. The excellent infrastructure, with numerous shops, bakeries, cafes, and restaurants, as well as the very good public transport connections, ensure a high quality of life. The bright living and sleeping area creates a friendly and pleasant living environment. The space is complemented by a functional bathroom and a compact kitchenette, which is integrated in a space-saving manner in the entrance area. The apartment is currently rented and generates a monthly cold rent of €320. The monthly service charges are currently €264. Of this, approximately €164 covers eligible operating costs, around €70 covers non-eligible costs, and approximately €30 goes towards the maintenance reserve fund. The combination of a desirable location, proximity to the University of Mannheim, and a consistently high demand for housing makes this apartment an interesting investment property with a long-term perspective. Please note that inquiries from real estate agents are not welcome. Have we piqued your interest? We would be happy to arrange a personal viewing appointment with you. We look forward to hearing from you!

Are you interested in this apartment?

Object Number
OM-508237
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
99.500 €
Purchase additional costs
approx. 6,839 €
Total costs
approx. 106,338 €
HOA fee
264 €

Breakdown of Costs

Purchase price 99.500 €
Real estate transfer tax 4,975 € (5.00%)
Notary costs 1,235 € (1.24%)
Land register entry 629 € (0.63%)
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: 449€

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 4.77%

Details

Condition
Well-kept
Heating
Central heating
Year of construction
1980
Equipment
Elevator, Fitted kitchen

Location

Location Check

Eating Out very good
Shopping very good

Energy

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

Miscellaneous

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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