House for sale • 273 m² without real estate, Bavaria

The three-unit residential building comprises a 107 m² four-room apartment with kitchen and bathroom on the ground floor, an identically laid-out 104 m² four-room apartment with kitchen and bathroom on the first floor, and a 62 m² two-room apartment with kitchen and bathroom. The attic apartment was newly constructed in 2014, and the roof was reinsulated and the electrical system upgraded at the same time. All three apartments are rented out.

The property is located on a traffic-calmed residential street in eastern Friedberg and benefits from excellent infrastructure. Edeka Wollny, the Kaindl butcher’s shop, and schools of all types are just a few minutes away on foot.

Augsburg can be reached from Friedberg railway station within minutes. The A8 motorway junction in Dasing is only 7 km away.

The property is being offered at a price of €1,297,500, broken down as follows:

- 2 garage parking spaces at €22,000 each = €44,000

- 2 carport spaces at €15,000 each = €30,000

- 1 outdoor parking space = €8,000

- Total: €82,000

This leaves €1,215,500 attributable to the apartments.

With a total living area of 273 m², this equates to €4,452 per m² of living space.

The annual net rental income amounts to 4% of the purchase price, which can be considered above average.

Comparing the price per square metre with apartments in multi-storey residential developments is misleading because the proportional share of land associated with this three-unit building is significantly higher than that of an apartment in a residential complex with, for example, 50 units.