Flat for sale 2 bedroom • 70 m² without real estateUlm Ulm Baden-Württemberg 89075

Do you want an apartment right in the heart of the city? And should it still be quiet? For sale is a rented condominium in an attractive and central location in Ulm’s city center. The apartment is located in a historic multi-family building with only six units in total and combines the unique character of an old Ulm building with an excellent inner-city location.

The apartment offers approximately 69.5 m² of living space and is currently rented for a monthly base rent of €900. This makes the property particularly suitable for investors looking for a long-term rental property in a central location.

The building dates back to around 1700 and is characterized by typical historical architectural features such as masonry and wooden beam ceilings. Apartment No. 4 has a co-ownership share of 168.65/1,000 in the condominium community comprising six units. According to the available appraisal, the building is not under heritage preservation protection.

Of interest for investors: Existing appraisal on the remaining useful life

An up-to-date expert appraisal is available for the property confirming a actually shorter remaining useful life in accordance with Section 7 (4) sentence 2 of the German Income Tax Act (EStG). The appraisal was prepared in August 2026 by an expert certified according to DIN EN ISO/IEC 17024.

The appraisal determines an economic remaining useful life of 15 years for the subject property.

As a result, a buyer may, with the corresponding tax approval, benefit from an increased annual depreciation compared to the standard building depreciation (AfA). The individual depreciation basis as well as the tax acceptance and actual amount of the depreciation must be independently verified by the buyer or with their tax advisor.

The appraisal will be made available to the buyer as part of the sale.

The property on Theatergasse impresses with its first-rate, central location in the heart of Ulm. Just a few steps away is the charming old town with its winding alleys, historic half-timbered houses, and a diverse range of dining options.

A particular highlight is the immediate proximity to the world-famous Ulm Minster – with the tallest church steeple in the world, it is a true landmark of the city and a magnet for visitors from all over the world. Equally inviting is the picturesque Fishermen’s Quarter with its small bridges, cafés, and boutiques.

The location offers excellent infrastructure: shopping facilities for everyday needs, doctors, pharmacies, as well as schools and kindergartens, are conveniently within walking distance. Moreover, the excellent public transport connections ensure quick access to all districts of the city as well as the surrounding area.

Thanks to its proximity to Ulm University and major employers, the location is also particularly attractive for professionals and students.

The Theatergasse itself is characterized by its quiet yet central atmosphere – ideal for those who want to combine urban living with a high quality of life.

- Solid wood parquet floors

- Renovated bathroom in 2023 with a large shower

- Fiber optic connection available in the living area

- Fitted kitchen included

- Spacious dining kitchen

- Bright apartment with large windows (double-glazed)