Flat for sale 2 bedroom • 68 m² without real estateRehbachstraße 42, , Rhineland-Palatinate

Here is the English translation of the text:

This high-quality, fully renovated 2-room condominium on the first floor of a well-maintained multi-family building presents an attractive opportunity for investors. The apartment is sold commission-free directly by the owner and, thanks to its move-in-ready condition, in-demand size, and barrier-free access, is ideally suited for rental.

As part of the complete renovation, among other things, the bathroom, floors, walls and ceilings, interior doors, radiators, valves, and the fuse box were renewed. This means that the buyer will not incur any additional short-term renovation expenses.

The bright living area with floor-to-ceiling windows creates a pleasant atmosphere. A particular highlight is the large, covered balcony with a view of the greenery, which further enhances the apartment’s appeal. An individual basement room as well as a parking space complete the offering. Thanks to the barrier-free access and two elevators, the property attracts a wide range of potential tenants and offers very good long-term rentability.

With a realistically achievable net rent of about €880 per month for the apartment plus approximately €35 for the parking space, the total monthly net rent amounts to around €915. The realistically achievable net rent can be immediately verified by comparable rentals in an identically constructed neighboring building.

The key figures at a glance:

• Purchase price: €235,000

• Net rent for the apartment: approx. €880 / month

• Net rent for the parking space: approx. €35 / month

• Total net rent: approx. €915 / month

• Annual net rent: approx. €10,980

• Gross yield: approx. 4.67%

• Total monthly service charge: €297

• Of which recoverable: €205 / month

• Of which non-recoverable: €92 / month

The combination of renovated property, sound rental prospects, barrier-free access, elevator, balcony, and parking space makes this apartment an interesting investment with sustainable rental potential.

The apartment is located at the western edge of Neuhofen, in close proximity to the “Steinerne Brücke” bathing pond and the adjacent recreational area. The location offers a peaceful living environment combined with good infrastructure and excellent connectivity.

Quick connections to Ludwigshafen, Mannheim, and Speyer are available via the B9. A bus stop is only a few minutes' walk away, also providing good access to public transport.

Numerous everyday facilities are easily accessible. In the immediate vicinity there are, among others, bakeries, supermarkets, a post office, a bank, a gas station, a fitness studio, and other shopping opportunities. There are also doctors, kindergartens, and an elementary school in the area.

The apartment was modernized to a high standard as part of the complete renovation and offers features that are attractive to both tenants and investors.

The features include, among others:

• 2-room apartment with approx. 67.5 m² of living space

• First occupancy after complete renovation

• Bright living area with floor-to-ceiling windows

• Large, covered balcony with a view of the greenery

• Modern bathroom with a walk-in rain shower

• Dimmable LED lighting concept

• Renewed floors, walls, and ceilings

• New interior doors

• New radiators and valves

• New fuse box

• Private basement room

• Parking space

• Barrier-free access

• Convenient accessibility via two elevators

• Commission-free sale