Flat for sale 2 bedroom • 45 m² without real estateStuttgart Sonnenberg Baden-Württemberg 70597

The apartment for sale is located in a well-maintained multi-family house (built in 1960) in the desirable Stuttgart-Sonnenberg district.

- Approximately 45 m² large 2-room apartment in a bright basement level.

- In addition: a fully finished extra room of about 7 m² – a valuable extra space, ideal as a home office, guest room, or hobby room. This room is included at no additional cost and increases the apartment’s usability.

- A total of 7 windows, providing exceptionally abundant natural light.

Extensive renovation in 2025:

- Walls, floors, doors, and ceilings completely renewed.

- Energy-efficient, insulating glazed windows.

- New bathroom with high-quality brand fixtures (Hansgrohe, Duravit).

- Use of exclusively mineral plasters and paints.

Equipment & Technology:

- Gas heating system (regularly serviced).

- Fully equipped fitted kitchen including refrigerator/freezer combination, oven, dishwasher, ceramic hob, and extractor hood.

Building:

- Well-maintained multi-family house.

- Extensively energy-renovated (facade insulation, roof insulation including dormers).

Macro Location:

Stuttgart is one of Germany’s economically strongest regions, with stable population growth, high purchasing power, and continuous rent increases. Major employers such as Daimler, Porsche, Bosch, and numerous research institutions are located in the immediate vicinity.

Micro Location:

The apartment is situated in the quiet, upscale district of Sonnenberg, just about a 3-minute walk from the subway. Shopping, schools, doctors, and leisure facilities are all in the immediate area. The residential environment is very quiet and characterized by a well-kept neighborhood.

Kitchen:

Fully equipped fitted kitchen including refrigerator/freezer combination, oven, dishwasher, ceramic hob, and extractor hood.

Furniture:

Fully furnished (including beds, sofa, wardrobes, desks, chairs, lighting).

Economic Key Figures:

- The apartment is rented for €1,080 net cold per month (€12,960 per year) plus additional costs.

- Net cold rent per year: €12,960

- Yield: > 5%

Example Calculation for Full Financing (excluding purchase additional costs):

- Financing: 100% loan-to-value, interest rate of 3.5% p.a., repayment rate of 1.0% p.a.

- Loan: €257,000 (excluding additional purchase costs)

- Interest burden: €257,000 × 3.5% = €8,995 per year.

- Repayment: €257,000 × 1.0% = €2,570 per year.

- Total annuity: €11,565 per year (€964 per month)

- Positive cash flow before tax: €12,960 − €11,565 = €1,395 per year (approx. €116 per month)

Additional Information:

- Sale directly from the owner, no broker commission.

- Ideal for investors looking for a fully renovated and rented high-quality property in an excellent location.

- Very low maintenance reserves required since both the apartment and building have been modernized.

- Highly rentable to students, singles, couples, as a second home, or as a shared apartment.