Investment property with no commission – potential return of up to 5% thanks to a stepped rental structure – 3-room penthouse apartment.

This rented 3-room apartment in the attic of a well-maintained apartment building in Stuttgart-Zuffenhausen is a solid and immediately profitable investment property: €575 in cold rent per month, totaling €6,900 per year – a gross yield of 4.6% based on the current rent, which increases to 4.8% (from March 1, 2027) and 5.0% (from March 1, 2029) according to the agreed-upon rent escalation clauses. Stable income from day one, without the need for re-renting, administrative overhead, or renovation. The apartment in the attic (approximately 41.5 m² of living space according to German building regulations) has been rented to a reliable tenant who pays on time since March 2021. The lease agreement includes a rent escalation clause: the cold rent will automatically increase to €600 from March 1, 2027, and to €625 from March 1, 2029 – without requiring a formal rent increase request. If financed through a bank, the loan installment can be covered by the rent: with a financing of 80% of the purchase price (approximately 4% interest and 1% amortization), the monthly installment is approximately €500 – the cold rent of €575 fully covers the installment, leaving a surplus of approximately €75. The monthly building service charges are €199 (based on the 2027 budget). Approximately €67 of these charges can be passed on to the tenant; of the remaining €132, approximately... €54 for contributions to the reserve fund and approximately €78 for non-reimbursable costs. The 2027 financial plan does not include any special charges. The building underwent energy-efficient renovations in 2024: insulation of the facades and roof, as well as new plastic windows with insulated glazing. The updated energy performance certificate, dated November 4, 2026, indicates a final energy demand of 96.16 kWh/(m²a) and an efficiency class of C – a very good value for a building of this age, which facilitates financing and secures its value in the long term. Layout: three rooms, kitchen, bathroom with shower and toilet, hallway, and storage room. The apartment also includes the attic above (approximately 30.8 m² of usable space in private ownership) and a storage room in the vaulted cellar. The residential complex is professionally managed by a property management company. Key figures for investors:
– Purchase price: €149,000 (approximately €3,595/m² of living space)
– Current rent: €575/month = €6,900 per year, gross yield of 4.6%
– Escalating rent: €600 from March 1, 2027 (4.8%), €625 from March 1, 2029 (5.0%)
– Monthly service charges: €199, of which approximately €67 are reimbursable, approximately €54 are for the reserve fund, and approximately €78 are non-reimbursable.
– Share of ownership: 179/1,000 (including the attic)
– A garage in the rear building can be purchased for an additional €12,500.
Additional units in the building are available upon request, including the entire building with 6 units. I will provide interested parties with the relevant documents (financial plan, lease agreement, energy performance certificate, floor plan) upon request.

The apartment is centrally located in Stuttgart-Zuffenhausen, on a quiet residential street, yet everything is just around the corner. An Edeka supermarket is within approximately 200 meters, with two Rewe supermarkets within 300 to 500 meters, and Aldi and Lidl within about 650 meters. Bakeries, pharmacies, and doctors' offices are located on Unterländer Straße and at Kelterplatz, just a few minutes' walk away, while several kindergartens and schools are within a 500-meter radius.

The Zuffenhausen train station, with its S-Bahn (S4, S5, S6) and regional trains, is reachable within about 9 minutes on foot – approximately 10 minutes to the center of Stuttgart, and also to Ludwigsburg. By car, you can reach the A81 and A8 motorways via the B10 and B27 roads in just a few minutes.

Zuffenhausen, with its location near the Porsche headquarters and many businesses in northern Stuttgart, is a desirable residential and commercial area with a stable demand for rentals – which is beneficial for maintaining the property's long-term value.