Flat for sale Studio • 33 m² without real estate, Baden-Württemberg

This freshly renovated apartment impresses with a modern, bright, and well-maintained overall appearance. The property has been completely refurbished: the electrical system has been updated to the latest standards, as have the water pipes. The walls feature a roughcast finish, the ceilings have been suspended, and modern LED recessed lights have been installed throughout.

The living area is designed to be open and bright. The wood-effect flooring creates a warm living atmosphere. The adjoining kitchen is newly installed and features a modern, bright design with a wooden countertop, stove, oven, extractor hood, and sink.

The bathroom has also been modernized and is equipped with large-format grey tiles, a level-access shower with a glass partition, a wall-mounted WC, and a washbasin. Overall, the apartment appears modern, clean, and ready for occupancy thanks to its consistent design.

The apartment can be rented out for about 650 EUR per month in cold rent, making it particularly attractive for investors.

Features:

- Completely renovated

- New electrical system

- New water pipes

- New fitted kitchen

- Modern bathroom

- Level-access shower with glass partition

- Wall-mounted WC

- Suspended ceilings

- LED recessed lights throughout the apartment

- Roughcast walls

- Modern wood-effect flooring

- Bright living spaces

- Ready-to-move-in condition

- Suitable for owner-occupation or investment

Purchase Price:

120,000 EUR

Rental Income / Investment:

The apartment can presumably be rented for approximately 650 EUR cold per month.

Annual Cold Rent:

650 EUR × 12 = 7,800 EUR

Gross yield based on the purchase price:

7,800 EUR ÷ 120,000 EUR × 100 = 6.5% p.a.

Financing Example for 100% Financing

Assumptions:

Purchase price: 120,000 EUR

Equity: 0 EUR

Loan: 120,000 EUR

Interest: 4.0% p.a.

Amortization: 1.5% p.a.

Total rate: 5.5% p.a.

Monthly Rate: 550 EUR

Comparison with possible cold rent:

650 EUR cold rent – 550 EUR loan rate = 100 EUR surplus before incidental costs, homeowners' association fees, maintenance, administration, taxes, and non-allocable costs.

Important Note for the Advertisement:

Additional purchase costs such as property transfer tax, notary fees, and land registry fees are not included in this calculation. In a true 100% financing, only the purchase price is financed. If the incidental costs are also financed, it is more accurately referred to as a 110% financing.