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Attractive investment: Modernized 3-room apartment in Mundenheim with 4.8% gross rental yield

67065 Ludwigshafen (Mitte) – Rheinland-Pfalz
203.000 €
3
Room
69.51 m²
Living Area
Private offer
apartment

This newly modernized 3-room apartment is located in a well-kept residential building with only six residential units & 2 commercial units in the sought-after district of Mundenheim (zip code 67065). With a living area of 70 square meters, the apartment offers sufficient space and is ideal for a shared apartment thanks to its optimal layout.
With an expected rental income of €805 per month (€11.50/sqm) and a purchase price of €203,000, this property offers an attractive gross rental yield of 4.8%. This makes it a worthwhile investment for private investors looking for a secure and profitable capital investment.

Are you interested in this apartment?

Object Number
OM-347412
Object Class
apartment
Object Type
apartment
Is occupied
Vacant
Handover from
immediately

Purchase price & additional costs

purchase price
203.000 €
Purchase additional costs
approx. 13,443 €
Total costs
approx. 216,443 €
HOA fee
167 €

Breakdown of Costs

Purchase price 203.000 €
Real estate transfer tax 10,150 € (5.00%)
Notary costs 2,185 € (1.08%)
Land register entry 1,109 € (0.55%)
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: 777€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.74%

Details

Condition
first occupancy after renovation
Number of floors
3
Level
1st floor
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
laminate, tiles
Heating
other
Year of construction
1959
Equipment
balcony, basement, full bath
Infrastructure
pharmacy, general practitioner, kindergarten, primary school, middle school

Information on equipment

The apartment has been extensively modernized and now offers the highest level of living comfort. The work carried out includes:

Bathroom refurbishment: the bathroom was completely renovated and given a modern design.
New electrical wiring and sub-distribution: The electrics have been brought up to date.
New water pipes in the kitchen and bathroom: The water pipes were also completely renewed.
Newly plastered walls and ceilings: All walls and ceilings were replastered.
New wallpaper and paintwork: The apartment was completely re-wallpapered and repainted.
New floor coverings: High-quality floor coverings were laid in all rooms.
Particularly noteworthy is the balcony, which can be accessed from two rooms and offers additional outdoor living space.

Location

The apartment is located in Mundenheim, an attractive district with a good infrastructure and close proximity to shopping facilities, schools and public transport. The quiet residential area and good connections make the apartment particularly interesting for both tenants and investors.

Location Check

Sport
Mobilität
Medizin
Restaurants

Energy

Energy efficiency class
H
Energy certificate type
demand certificate
Main energy source
electricity
Final energy demand
307.60 kWh/(m²a)

PDF

Miscellaneous

House rent: 167€
Apportionable part: 46€
Non-apportionable part: 121€
Of which WEG reserve: 73€

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Offer from: Ibrahim Barrow

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