Flat for sale 2 bedroom • 61 m² without real estateAm Europakanal 36 Erlangen Büchenbach Bayern 91056

The freshly renovated 2-room apartment, approximately 61 m² of living space, is located on the 15th floor of a residential complex in Erlangen and impresses particularly with its expansive view. The modern, welcoming design, a fitted kitchen, and the practical floor plan make the apartment attractive for both owner-occupiers and investors.

The monthly service charge is €234, of which currently €202 is transferable and only €32 is non-transferable.

The communal maintenance reserve for the residential complex and the underground car park amounts to a total of €370,144.83.

An underground parking space is sold additionally for €15,000.

Note on the visualizations:

The appropriately marked images were created with the support of AI and serve to illustrate a possible design and furnishing. They may deviate from the actual condition and equipment. The actual circumstances on site as well as the contractual agreements are decisive.

The apartment is located at Europakanal 36 in Erlangen. Shopping facilities, public transportation, and everyday amenities are easily accessible. The nearby Main-Donau Canal also offers attractive opportunities for walks, cycling tours, and leisure activities. Erlangen’s city centre, as well as important work and university locations, are also easily reachable.

The apartment has been comprehensively renovated and equipped in a modern and low-maintenance style. In the course of the renovation, the following work was carried out in particular:

- New, durable, and maintenance-friendly vinyl flooring

- Fully renewed bathroom with modern sanitary fittings and a shower

- New interior doors

- New double-glazed windows

- Renewal of components in the electrical fuse box

- Redesign of the wall and ceiling surfaces

- Bright and timeless design

The apartment also includes a balcony with an expansive view, a basement storage compartment, and an elevator.

An older fitted kitchen is available and will be handed over without any additional charge. Due to its age, the takeover is made excluding any warranty regarding its condition and functionality. If desired, the kitchen can be removed prior to handover.

Attractive for investors:

The apartment is currently being sold unoccupied. Prospective tenants have already been found who are interested in renting under the stated conditions. The purchaser can freely decide whether to take over these tenants or to re-let the apartment themselves.

With a monthly cold rent of €999 plus €75 for the underground parking space, the annual cold rent amounts to €12,888, and based on the total purchase price of €214,900 (€199,900 for the apartment + €15,000 for the underground garage), a potential gross rental yield of approximately 6% per annum can be achieved.

The monthly service charge is €234, of which currently €202 is transferable and only €32 is non-transferable.

The communal maintenance reserve for the residential complex and the underground garage amounts to a total of €370,144.83.

Optionally, the apartment can be handed over fully furnished and ready to move in for €7,500. The price includes the selection and procurement of the furniture, delivery and assembly, as well as the complete furnishing of the living room and bedroom, dining/working area, hallway, and balcony – including lighting, curtains, carpets, and selected home accessories. The design is stylistically oriented towards the depicted visualizations.