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Excellent return of 14.01%, no commission, city center location, 1 minute from the university, balcony, newly renovated.

37073 Göttingen – Niedersachsen
42.860 €
1
Room
34.09 m²
Living Area
Private offer
Apartment

Excellent Return: 14.01%
Outstanding Investment Property

The apartment is currently rented.
The cold rent is €500, with the net rent including operating costs and heating costs.

Excellent return of at least 14.01%.

According to the authorities, the cold rent is €500, plus heating and utility costs. More is paid for two occupants.

Information about the rental situation in the building can be found in the document published by the city of Göttingen, shown in the last two images of this listing.

Superb view of Göttingen from the 10th floor of the building.

Property Type:
This property is an apartment with a bathroom and kitchen, and a balcony with a storage area that can be closed on one side, located in an apartment high-rise.

Outdoor Features:
Parking spaces (as per the building's declaration) are located on the property (110 uncovered spaces) or in an underground garage (49 spaces).

Are you interested in this apartment?

Object Number
OM-500225
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
42.860 €
Purchase additional costs
approx. 3,225 €
Total costs
approx. 46,084 €

Breakdown of Costs

Purchase price 42.860 €
Real estate transfer tax 2,143 € (5.00%)
Notary costs 714 € (1.67%)
Land register entry 368 € (0.86%)
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: 197€

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 4.90%

Details

Condition
As good as new
Number of floors
17
Level
Higher than 5th floor
Usable area
34.1 m²
Bathrooms (number)
1
Number of underground garages
49
Number of parking lots
110
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1973
Equipment
Balcony, Elevator, Shower bath, Fitted kitchen, Barrier-free
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Several improvements are coming soon to the residential complex:

* New transponder system
* New entrance doors
* New elevators
* New fire alarm system, and much more

The apartment features a built-in closet in the hallway.

The bathroom has white tiles and was recently renovated.

Windows:
The apartment has aluminum-framed double-glazed windows.
The exterior walls of the apartment are designed as window elements, resulting in a very bright living space.

Location

Göttingen has a population of approximately 123,000 and is located in Lower Saxony.

Transportation:
The property is centrally located. The train station and highway access are a 5-minute drive away. There is a bus stop directly in front of the building.

Residential Area:
The property is located in the city center, close to the high-speed train station and about a 2-minute walk to the pedestrian zone/city center.
It's a 1-minute walk to the university. The district court, tax office, and university are directly across the street.
Shops for daily necessities are within easy reach. Doctors, kindergartens, and schools are located in the surrounding area.

Sunlight/Exposure: Good natural light.

Location Check

Shopping very good
Culture good

Energy

Final energy consumption
160.90 kWh/(m²a)
Energy efficiency class
E
Energy certificate type
Consumption certificate
Main energy source
District heating

Miscellaneous

The condition of the apartment is very good.

The apartment is rented out for a base rent of €500.00.

This results in a return of 14.01% for this apartment.
The apartment can be sold either with the existing tenant or vacant.
Rental:
There is a large influx of people to Göttingen at the beginning of each semester.
Due to its central location, directly opposite the main university (and recognized as Germany's best university), renting out the apartment will not be a problem in the future.

Please provide your full name and address if you are interested.
If you are interested, we would be happy to arrange a viewing appointment.

All information regarding the property is provided without guarantee.
I assume no liability for the completeness, accuracy, and timeliness of this information.

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