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Completely renovated apartment with 5% gross rental yield as a capital investment

Ostbahnstr 31, 76829 Landau (Landau in der Pfalz) – Rheinland-Pfalz
108.000 €
1
Room
30 m²
Living Area
Private offer
apartment

For sale is a small but nice one-bedroom apartment in an attractive location in Landau.

The apartment has been completely renovated (bathroom, electrics, walls, doors, ...). The modern furnishings including fitted kitchen are also in perfect condition. There should therefore be no need for investment in the next few years.

The apartment is currently well rented to a nice young lady at €450 rent per month. The house community is harmonious.

With a current rental yield of 5%, the property is therefore ideal as a capital investment.

Are you interested in this apartment?

Object Number
OM-309570
Object Class
apartment
Object Type
apartment
Is occupied
Occupied
Handover from
by arrangement

Purchase price & additional costs

purchase price
108.000 €
Purchase additional costs
approx. 7,323 €
Total costs
approx. 115,322 €
HOA fee
135 €

Breakdown of Costs

Purchase price 108.000 €
Real estate transfer tax 5,400 € (5.00%)
Notary costs 1,267 € (1.17%)
Land register entry 656 € (0.61%)
Broker commission 0€ (0%)

* 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

Does this property fit my budget?

Estimated monthly rate: 404€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.61%

Details

Condition
rehabilitated
Number of floors
1
Level
1st floor
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
laminate, tiles
Heating
floor heating
Year of construction
1970
Equipment
shower bath, fitted kitchen
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Location

The location is very attractive for singles and students. The apartment is centrally located near the main train station (2 min) and pedestrian zone (4 min) - as well as close to the Ostpark for recreation by the lake (2 min). Due to the location in the backyard, it is quiet and cool in summer despite the central location.

The connection is exceptionally good: All facilities for daily needs (bakery, restaurant, supermarket, drugstore, pharmacy, doctor, train station, bus station...) are within walking distance in 1 - 3 min. Free parking is available about 3 minutes away behind the main train station. From there you can reach the A65 in 3 minutes.

Therefore, the apartment can always be easily rented to a broad target group of singles / students / commuters (e.g. school federal police Bad Bergzabern).

Location Check

Restaurants
50m
Einkaufen
50m
Medizin
50m
Sport
250m
Mobilität
150m
Nachtleben
50m
Kultur
150m
Natur
50m

Energy

Main energy source
gas

Miscellaneous

Viewings are possible by arrangement.
All documents relevant to the sale are available and can be provided at short notice

Private sale - no estate agent

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