Flat for sale 1 bedroom • 65 m² without real estate, Lower Saxony

Here is the translated text in English:

Here you can buy an apartment that you don’t have to worry about. The care apartment is located in a senior residence in Meinersen, in the Ohof district, and is leased to the facility operator. You are the owner, and the operator manages the facility. The building was constructed in 1984 and underwent a complete renovation and expansion in 2016.

The lease payment is due every month, regardless of whether the apartment is occupied. The general rental contract does not have an occupancy clause, so the vacancy risk is borne by the tenant. The net rent amounts to €488.43 per month, which equals €5,861 per year. With a purchase price of €99,000, this yields a net rental return of 5.92%. The condominium fee is €44.33 per month (€532 per year). Even after deducting the condominium fee, a yield of 5.38% remains. Otherwise, there is nothing to manage.

The lease runs until 2040. Thereafter, the tenant can extend it twice, each for five years, with a notice period of 12 months each time. This means you have predictable income for many years.

In addition, there is a right of first refusal, which is rarely found in investment properties. The operator will offer you the next available apartment in their senior residences for rent. This also applies to your spouse, your children, and your parents. The investment can therefore also pay off later for your own family.

Due to demographic change, nursing care places are increasingly in demand. Meinersen is located in the Gifhorn district, between Wolfsburg, Gifhorn, Braunschweig, and Hanover. We are selling privately, without an agent and without commission.

The apartment is located in Ohof, a district of the municipality of Meinersen in the Gifhorn district (Lower Saxony). Meinersen has a population of about 8,000 and is situated between Wolfsburg, Gifhorn, Braunschweig, and Hanover. The area is rural and quiet, while the cities are easily reachable by car.

For everyday needs, the basics are available in town. A local convenience store is only about 300 m away, and an asparagus farm is roughly 750 m away. Larger supermarkets such as Netto and REWE are located 3.5 to 4.5 km away. A daycare center is around 200 m away, and the school center and additional kindergartens in Meinersen are about 3 km away. The playground and the community center are approximately 200 m away, and sports facilities are around 550 m away.

Doctors, pharmacies, and restaurants can be found in Meinersen and the neighboring towns: pharmacies are located about 3.5 to 4 km away, and inns start at around 2 km. For residents of a care facility, this is sufficient because care and support are provided in-house.

For investors, the location is attractive for two reasons. The Gifhorn district lies within the catchment area of Wolfsburg and Braunschweig, with stable demand for housing and care places. The population in Meinersen has grown by just over 3% in the last five years, and the unemployment rate is 4.3%.

- Care apartment in a senior residence, built in 1984, completely renovated and expanded in 2016

- 1 room, 1 bathroom, approximately 65 m² living area

- Elevator in the building

- Barrier-free and senior-friendly

- Central heating with gas (built in 1995), with hot water provided by the central heating system

- Window ventilation