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Apartment and store unit in the heart of Bad Cannstatt
70372 Stuttgart (Bad Cannstatt) – Baden-WürttembergThis unique space in Bad Cannstatt was recently extensively modernized and is now successfully rented out as an AIRBNB unit. A specialist company is responsible for looking after guests and cleaning, ensuring that everything runs smoothly. In October, EUR 2,500 was generated through the AIRBNB rental, resulting in a stable yield of between 6% and 8%.
In addition to the short-term rental, there is a separate store unit that has already been rented for the next 5 years for EUR 800 cold rent per month. This additional income increases the overall profitability and makes the property a particularly attractive investment.
Thanks to its classification as commercial space, the property is not subject to the City of Stuttgart's restrictions on short-term residential rentals. As a result, the full potential of this first-class, comprehensively modernized space can be exploited.
Are you interested in this apartment?
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Object Number
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OM-308864
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Object Class
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apartment
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Object Type
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ground floor apartment
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Is occupied
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Occupied
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Handover from
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immediately
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Purchase price & additional costs
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purchase price
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369.000 €
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Purchase additional costs
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approx. 23,567 €
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Total costs
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approx. 392,567 €
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HOA fee
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350 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 1,237€
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Details
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Condition
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modernized
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Level
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1st floor
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Usable area
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35 m²
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Bathrooms (number)
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1
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Bedrooms (number)
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1
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Flooring
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laminate
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Heating
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central heating
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Year of construction
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1900
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Equipment
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basement, shower bath, fitted kitchen
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
This property has been modernized with great attention to detail and offers you high-quality furnishings that leave nothing to be desired.
- Furnished: The apartment is being sold fully furnished. The furnishings have been carefully selected and coordinated to create a stylish and comfortable living ambience. This means that you or your tenants can move in immediately and feel at home, without any additional expense for furnishings.
- Modern fitted kitchen: The newly installed fitted kitchen is not only functional, but also stylishly designed and blends in perfectly with the overall look of the property. It is fully equipped and ideal for short-term tenants who value convenience.
- New doors and walls: All doors have been renewed and impress with their modern look and high quality. The walls have also been completely redesigned, giving the property a fresh and appealing ambience.
- Flooring: High-quality floor coverings in all rooms create a warm and inviting atmosphere. The materials have been carefully selected to ensure durability and easy maintenance.
- Technical equipment: The property is equipped with modern infrastructure that meets the needs of both a vending machine kiosk and a sophisticated short-term rental business. This includes high-performance internet connections and energy-efficient lighting.
Fully furnished, this property is not only ready for immediate occupancy, but also ideal for investors looking for a quick and uncomplicated rental. Everything has been done here to meet both your requirements and those of your tenants.
Location
The property is in a prime location in Bad Cannstatt, one of Stuttgart's liveliest and most diverse districts, and therefore offers enormous advantages for both the AIRBNB short-term rental and the rented store unit.
Short-term letting:
The location is ideal for AIRBNB lettings, as Bad Cannstatt is known as a hotspot for events and cultural highlights. In the immediate vicinity are the Mercedes-Benz Museum, the Cannstatter Wasen area with its famous folk festival and the Porsche Arena, which regularly attracts top-class events and concerts. The newly built VfB Stuttgart stadium also ensures increased visitor frequency, especially during the Champions League season. Wilhelma, one of the most renowned zoological and botanical gardens in Europe, the Staatsgalerie and the Stuttgart Opera are also just a few minutes away.
Rented store unit:
In addition to the short-term letting, the store unit, which is let on a fixed lease for the next 5 years, generates EUR 800 cold rent per month. This increases the overall profitability and makes the property an attractive and stable investment in one of Stuttgart's most sought-after areas.
Location Check
Energy
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Energy certificate type
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demand certificate
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Main energy source
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gas
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Final energy demand
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124.00 kWh/(m²a)
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Miscellaneous
Topic portals
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