Core-renovated 1-suite apartment - first occupancy near the main station, 4.2% yield - ideal for owner-occupiers & investors!

This stylish, fully renovated 1-bedroom apartment in a central location in Mainz offers you the perfect opportunity to invest in a high-yield property or to move into it yourself as a first-time occupant. With a living space of 35.12 m² and modern, high-quality furnishings, the apartment is ideal for anyone who appreciates a central location and comfortable living. The property is located in a very well-maintained apartment building that was built in 1995.
The apartment impresses with its modern design as well as a bright and friendly atmosphere, which is emphasized by the generous window front in the living area. High-quality laminate flooring has been laid in the living area and all the walls have been carefully plastered and painted in a bright white, which also makes the room look very bright and pleasant. The completely redesigned bathroom impresses with a spacious walk-in shower. The light beige wall tiles and the elegant light gray floor tiles with a concrete look give the room an elegant and contemporary look, which is also continued in the hallway and kitchen area. The new fitted kitchen was equipped with high-quality Bauknecht appliances and its bespoke design adapts perfectly to the room's layout to ensure maximum convenience.
The underground garage, which was also completely renovated in December 2024, offers a single parking space and also represents an attractive source of income if the parking space is rented out. The monthly house fee is €284, plus €32 for the underground parking space, and has already been included in the yield. All apportionable service charges are also included in this calculation.

With an expected gross rental yield of 4.2%, the property is well above average and offers excellent rental potential due to its location in the immediate vicinity of the main train station. Furthermore, the 10% reduction in the standard land value approved by the tax office allows the buyer an additional tax write-off of €1,319.77 per year.

Yield and key figures:
The projected gross rental yield is 4.2%, while the net rental yield is 3.9%. The projected net cold rent is €664.60 / €7,975.20 p.a., while the net warm rent is €884.16 / €10,609.93 p.a. The parking space was estimated at €50 p.m. and is already included in the rent. The factor of 23.7 results from these values and the purchase price.

Energy and sustainability:
The apartment has energy class D and is equipped with freshly replaced boilers, which contributes to more efficient energy use and keeps ancillary costs low in the long term. The fully renovated underground parking garage for approx. 1m€ also promises no future measures that require a special contribution.

The apartment is in a sought-after location in Mombacher Straße, just a few minutes from the main train station. The central location offers an excellent infrastructure, which is interesting for commuters as well as young professionals or students.

-Bus stop right outside the door
-Central station: 15 minutes on foot, 8 minutes by bus
-SWR building: 11 minutes on foot
-Martin-Luther-King-Cent­er (ALDI, EDEKA, bakery): 13 minutes on foot, 10 minutes by bus
-Fitness studio FitSevenEleven: 5 minutes on foot
-Cafés and restaurants: Various restaurants in the immediate vicinity and on Goetheplatz (8 minutes on foot), including the popular AMORI coffee roastery, which can be reached in just 6 minutes.
-Hartenbergpark: 11 minutes on foot

The location also offers a variety of leisure and recreational opportunities such as the Hartenbergpark, which is ideal for walks and relaxation.