Flat for sale 2 bedroom • 59 m² without real estate, Lower Saxony

Below is the English translation of the text:

Well-rented 2-room condominium (59 sqm, semi-ground floor, fitted kitchen, shower room with window, south-facing balcony, basement).

Attractive residential complex (built in 1965) located in a highly desirable residential area in Meckelfeld (central yet quiet due to cul-de-sac situation). Over the years, modernizations have been carried out: windows, stairwells, apartment entrance doors, riser pipes, electrical system, balconies, building façade, gas central heating system. Currently, there are no further investment resolutions/intentions. Consumption value: 181 kWh/m²a.

Take advantage of the following benefits with foresight:

- No risk or hassle of rental defaults due to a creditworthy and friendly tenant (retiree)

- No agency fees due to private sale

- Avoid potentially rising real estate transfer taxes (the state needs money/is looking for increased revenue sources) and avoid higher acquisition tax payments

- Securing potential for rental increases and land/real estate price appreciation (land - furthermore, in a desirable location with private ownership - is not reproducible)

- Utilization of the still comparatively low mortgage interest rates over the years. The rental yield based on the apartment and land purchase price currently stands at 4.22% p.a., or 4.6% p.a. from September 2027 onward.

The current rental price is €632.50 cold per month (€10.72/sqm) and will increase contractually on 01.09.2027 to €690 per month (€11.70/sqm), plus a current monthly prepayment of €210.00 for ancillary costs.

In addition to the monthly service charge (€250.46), €117.54 is contributed each month to building reserves, so that there are no special assessments (financial surprises).

Requests from real estate agents and counter offers on the purchase price are not desired (we do not have to sell)! If you are interested in our offer, we look forward to hearing from you: Tel. 040/7689373.

Meckelfeld is located in the Harburg district and borders the Hamburg state area to the south. With roughly 10,000 inhabitants, Meckelfeld is the most populous district of the Lower Saxony municipality Seevetal and accordingly features an excellent infrastructure.