Flat for sale 3+1 • 56 m² without real estateNürnberg Galgenhof Bayern 90459

For sale is a fully renovated and high-quality furnished 3-room attic apartment. The unit was designed as a modern 3-person shared apartment and represents the largest apartment in the building.

Thanks to the comprehensive attic conversion built to new construction standards, the high-quality finish, and the complete furnishing, the property offers an attractive, immediately rentable investment opportunity. The projected gross rental yield is approximately 6.0% p.a. In addition, the buyer benefits from a first-rental guarantee and attractive tax advantages.

The building impresses with energy-efficient features with energy efficiency class B, district heating, an insulated façade, and a renewed roof.

The combination of high-quality development, a sought-after location, and a proven shared apartment concept makes this unit a particularly interesting investment with long-term potential for appreciation and rental demand.

The property is located in the popular Südstadt area of Nuremberg. The central location is appealing because of its short distances to the city center, the main train station, as well as numerous colleges, universities, and major employers.

Shopping opportunities, restaurants, cafés, doctors, and pharmacies are in the immediate vicinity. Tram, bus, and S-Bahn connections are easily accessible on foot, ensuring excellent mobility within the entire metropolitan region.

This makes the location particularly suitable for students, young professionals, and commuters, providing ideal conditions for sustained high rental demand.

As part of a comprehensive core renovation, all essential trades have been renewed:

• Completely new electrical installation

• New water, sewer, and heating pipes

• District heating supply

• Modern bathroom fixtures

• New floor coverings in all rooms

• Newly plastered walls and ceilings

• LED recessed spotlights

• New interior doors

• Insulated façade

• Roof, including insulation, renewed

• Energy efficiency class B

• Fully furnished

• Own shared apartment concept with three individually rentable rooms

Tax Benefits & Rental Concept:

In addition to the attractive yield, the apartment offers interesting tax advantages. For the unit, a remaining useful life appraisal is available, which allows for an increased building depreciation of approximately 4.5% p.a. This is significantly above the regular depreciation and can noticeably improve ongoing tax relief.

Additionally, part of the purchase price is disclosed as renovation expenses. Under certain conditions, this can be claimed for tax purposes already in the first year, providing an added advantage for investors.

Furthermore, the apartment is sold fully furnished and turnkey. All the furniture is included in the purchase price. Additional planning security is provided by a first-rental guarantee: the seller assumes the first rental at the stated rent.

The proven shared apartment concept enables rental income in this location that is regularly higher than with a classic single rental, thereby forming the foundation for the property’s attractive yield.

Note: The tax treatment depends on the individual situation of the buyer and should be coordinated with the respective tax advisor.