Capital investment - Compact 1-room apartment with good yield & tax advantage

For sale is a well-kept 1-room apartment in a central location in Elmshorn, built in 1961, ideally suited to singles or commuters. The apartment has a well-structured floor plan with:

Living area with sleeping alcove
Practical hallway with storage space
Full bathroom with bathtub
Compact kitchen pantry

The unit is efficiently divided and meets the typical requirements of young tenants or commuters in the Hamburg area.

Capital investment with ongoing income
The apartment is let on a long-term lease and currently generates a net cold rent of €400/month (€4,800/year).

With a purchase price of €95,000, this results in a:

Gross rental yield of approx. 5.05 %
Monthly house rent: € 170
This means: Immediate cash flow from day 1, without time-consuming re-letting or refurbishment.

A current remaining useful life report is currently being prepared - a major advantage for investors:

Instead of the regular depreciation over 50 years (§7 para. 4 EStG), the appraisal allows for a shortened depreciation over e.g. 30 or 25 years (individually per valuation).

Advantage:
Hig­her tax depreciation p.a.
Reduced taxable income
Better after-tax cash flow
The investment can thus be used by the buyer for income tax refunds in a tax-optimized manner.

Elmshorn is located only approx. 30 km northwest of Hamburg and is a sought-after residential location in the bacon belt.
The apartment is centrally located with quick access to:

City center / train station
shopping facilities
Schools & medical care
The demand for small, affordable units has been high in the region for years - the occupancy rate is correspondingly stable.