Flat for sale 4+1 • 93 m² without real estateIhmeplatz 6, , Lower Saxony

Are you looking for a profitable investment with potential for capital appreciation? Then this 4-room apartment, located right on the banks of the Ihme River in a sought-after area of Hannover, represents a rare opportunity. The apartment is rented and currently generates a monthly net rent of €632.50, which will be raised to €727.38 next year.

The property is part of a large residential complex near the city center and the university.

As reported in the media, one of the co-owners of the residential complex, Projekt IZ Hannover GmbH (Lars Windhorst), is insolvent, resulting in a significantly lower price per square meter compared to similar locations in Hannover.

In light of a stalled process regarding the further development of vacant commercial units, both the property manager and the insolvency administrator of Projekt IZ Hannover GmbH were newly elected by mid-year, which means that, in addition to the yield from ongoing rental income, there is an above-average potential for capital appreciation.

The apartment is located in the heart of Hannover in the vibrant Linden district, which is regarded as the most colorful and lively district of the state capital.

The district is characterized by its architectural diversity, offering a mix of urban flair with modern residential complexes as well as historical buildings and a pronounced subculture. Limmerstraße, with its many leisure, cultural, gastronomic, and shopping amenities, borders the residential complex. This, along with its waterfront and natural surroundings, makes the district an attractive destination for both students, artists, and young families, while also being popular among long-established residents.

The district is very well connected in terms of transportation. With the Leine or Ihme, you can reach the old town and the inner city of Hannover within a few minutes, or take one of the tram lines to the main station.

Annual net basic rent is €7,590 – next year it will increase to €8,728.50.

Non-apportionable costs: €38.56

Reserve contribution: €130.74

Approximate yield: ca. 7%

The property can be purchased commission-free.

Currently, all owners are required to pay a liquidity contribution of €3.31/m² until the end of 2025 and a special contribution of €0.69/m² until mid-2026. These costs will be fully borne by the seller.