Flat for sale 3+1 • 70 m² without real estateMagdeburger Straße 14a Landau Landau in der Pfalz Rheinland-Pfalz 76829

For sale is a well-maintained 3-room condominium on the ground floor of a multi-family house built in 1966 in Landau in the Palatinate. The apartment offers approximately 69 m² of living space and is functionally laid out with a living room, two additional rooms, a kitchen, a bathroom, as well as a large south-facing balcony. In addition to an individual basement storage room belonging to the apartment, there are also common areas available in the basement.

The overall condition of the apartment can be described as well-maintained. Renovations have been continuously carried out in recent years.

The unit is currently reliably rented out and is ideally suited as a long-term investment. Due to its good spatial layout, the apartment is also well-suited for owner-occupation by couples or young families.

• Current cold rent: €680 per month

• Annual net cold rent: €8,160

• Tenancy: reliably rented out for 3 years to a young family of three

• Service charge: approximately €205 per month, of which about €115 is allocable to the tenant and about €28 goes into the maintenance reserve

The condominium is located at Magdeburger Straße 14a in 76829 Landau in the Palatinate, in a well-established residential area predominantly featuring multi-family houses.

Landau’s city center can be reached in a short time and offers a wide range of retail, services, gastronomy, and medical care. Shopping options for daily needs are available in the immediate vicinity.

Transportation connections are good: public transport is reachable on foot, and there is also quick access to the A65 Landau-Mitte.

The location benefits from the presence of a university, several school and educational institutions, as well as the proximity to employers in Landau and the South Palatinate region.

In recent years, numerous renovations have already been carried out:

• 1988: Windows

• 2005: Concealed balconies + façade

• 2015: Apartment door

• 2018: Bathroom, electrical system, all pipelines, doors, flooring

• 2022: Renovation of the stairwell