Flat for sale Studio • 44 m² without real estateBamberg Bamberg Bayern 96047

Income property for long-term investors: A top refurbished 1.5-room condominium with southern orientation and a sun terrace in the Bamberg Haingebiet – permanently rented to a reliable tenant:

• 43.29 square meters of living space distributed between a bright, light-filled living room, a cheerful kitchen, a newly refurbished bathroom (2024) with a shower, a small hallway with a fitted closet, and a separate storage room.

• South terrace with guaranteed sun exposure

• New fitted kitchen with branded electrical appliances (2024)

• Additionally, a dry basement storage unit of approximately 6 square meters

The apartment underwent a complete refurbishment in early 2024: the bathroom is entirely new, all water pipes have been replaced, new floor and wall tiles have been installed, a new toilet flush system has been incorporated, and new ceramic fixtures along with a new shower have been fitted. The fitted kitchen with its new electrical appliances was also installed in 2024. High-quality laminate flooring has been laid throughout the apartment. The property is connected to the city’s fiber-optic network (www.bambit.de) with bandwidths of up to 2 gigabits per second.

Included with the apartment is an underground parking space, a duplex parking spot (upper level), for which the wheel arch was replaced approximately two years ago.

The apartment is located in a pleasant residential complex with a total of 34 units spread over four separate building entrances. Many of the units are owner-occupied, maintained by a caretaker service, and the property management is supported by an owner’s committee.

Both the apartment and the parking space are well and permanently rented, ensuring a secure yield: the apartment is currently rented for 570 euros per month (cold rent) and the underground parking space for 85 euros per month. The annual rental income amounts to 7,860 euros.

The Haingebiet is one of the most desirable residential areas in Bamberg, offering a central city location with complete infrastructure, a green environment, and all shopping facilities right at the door. The residential complex on Schützenstraße is just a two-minute walk from Schönleinsplatz, is set away from the main street and thus offers complete tranquility. The location, amenities, and size of the property guarantee hassle-free rental.

The apartment is sold privately, i.e. without any broker’s fee. The purchase price not only includes the apartment but also the refurbished underground parking space, the fitted kitchen including electrical appliances, and the share in the communal maintenance reserve.