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***High-yielding, refurbished investment in the center of Darmstadt, future-proof, with 3x depreciation***

Kasinostraße 24, 64293 Darmstadt – Hessen
99.000 €
1
Room
22 m²
Living Area
Private offer
apartment

Property description: - newly renovated (end of 2023) capital investment in the center of Darmstadt in a top location, 5.5% yield, 6.3% AfA (depreciation for wear and tear).

Invest in an apartment renovated at the end of 2023 in the heart of Darmstadt. The attractive location and the as-new condition of the apartment offer an ideal basis for a sustainable, future-proof, long-term and profitable investment.
You can achieve up to € 650 cold rent for a new tenancy.

Equipment and condition:

Living space: 22 m2, 1 room with daylight bathroom, ideal layout

Renovation: Completely renovated with bathroom at the end of 2023

Furnishings: Kitchenette

Condition: rented, no further investment required

Key data of the investment:

Sales price: € 99,000

Basic rent: € 450 per month (€ 5,400 per year)

Tax advantage through depreciation for wear and tear (AfA):
Annual depreciation of 6.3% instead of the usual 2% due to RNDG

Example: €99,000 × 6.3% = €6,237/year depreciation instead of the usual €1,980

This amount can be deducted from the taxable rental income, which significantly reduces your tax burden and increases the net yield.

Yield calculation (simplified):

Gross rental yield: € 5,400 / € 99,000 = 5.5%
**the average in Darmstadt is approx. 4.1%**

Rent: The rent is reliably paid directly to your account by the Jobcenter, not to the tenant first!

House rent according to the economic plan 2025:
rounded up €260/month, broken down as follows.
703.97€/year = 58.66€/month non-recoverable costs for repairs and administration.
1903.14€/year­ = 158.60€/month operating and heating costs apportionable to tenants.
459.07€/year = 38.26€/month Non-apportionable costs for maintenance reserve.

Conclusion:
This apartment offers you an excellent opportunity to invest in a solid and profitable property in a sought-after city location. Benefit from an attractive rental yield far above the average for a renovated apartment and triple the tax advantages. Secure this investment and lay the foundations for your financial future!

Are you interested in this apartment?

Object Number
OM-329245
Object Class
apartment
Object Type
apartment
Is occupied
Occupied
Handover from
immediately

Purchase price & additional costs

purchase price
99.000 €
Purchase additional costs
approx. 7,804 €
Total costs
approx. 106,803 €
HOA fee
260 €

Breakdown of Costs

Purchase price 99.000 €
Real estate transfer tax 5,940 € (6.00%)
Notary costs 1,235 € (1.25%)
Land register entry 629 € (0.63%)
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: 397€

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 4.02%

Details

Condition
renovated
Number of floors
5
Level
1st floor
Usable area
3 m²
Bathrooms (number)
1
Flooring
laminate
Heating
central heating
Year of construction
1985
Equipment
basement, elevator, shower bath, fitted kitchen
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

Additional remarks on the equipment:
-2 double-glazed plastic windows that were renewed throughout the house in 2021
- Daylight bathroom***
- High quality laminate
- Modern floor and wall tiles
- Hanging Geberit WC
- pantry kitchen

Location

**Location:**
The apartment is centrally located in Darmstadt, with excellent public transport connections as well as shopping facilities, restaurants and leisure activities in the immediate vicinity. The famous Luisenplatz is just a few minutes' walk away.

Location Check

Kultur
250m
Restaurants
150m
Einkaufen
50m
Sport
200m

Energy

Final energy consumption
235.00 kWh/(m²a)
Energy efficiency class
G
Energy certificate type
consumption certificate
Main energy source
gas

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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