Your investment: Investment apartment with good returns Erlangen, Middle Franconia, Bavaria, Germany 1 Bed Condo £64,161 | €75,000 | $83,183 Request a Currency Exchange Quote Here

condominium, year of construction 1974, first floor, built-in kitchen, bathroom without window, bathtub, central heat, 1 garage, energy consumption 89 kWh/(m²*a)

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Property Attributes

Amenities & Services

Parking, Laundry, Shops, University

Lifestyle features

City, Cycling, Town

Building Characteristics

Storage, Ground Floor, 1st Floor

Property Features

Cellar, Garage, Underground Parking


Property Description ID:35634945

Your new capital investment is located on the ground floor of an apartment building built in 1974. The apartment has a spacious room, a small kitchen and a bathroom with tub corresponding to the year of construction. For additional storage space there is a built-in wardrobe in the hallway. A cellar room is assigned to the apartment. In addition there is a laundry room and a bicycle room available for use.

Since some years the object is well rented. The monthly net cold rent amounts from 01.03.19, approx. 260.00 €. An underground parking space is assigned to the apartment, which is rented for 40.00 € per month.

This is a building right.

  • Kitchen: two hotplates, fridge, sink and wall cupboard

An agent's commission in the amount of 4.76 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.

The city of Erlangen with a population of 100,000 is one of the best preserved baroque planned cities in Germany with an eventful history. Its cosmopolitan and international atmosphere, which was founded by the Huguenots in the 17th century, is as lively today as it was then. From the romantic, winding old town with narrow alleys, small and large shops, a diverse gastronomy to outstanding cultural facilities and varied events - everyone will find what they are looking for here. The excellent transport connections with the S-Bahn and the A 73 motorway as well as numerous parks and green spaces also contribute to Erlangen's popularity as a place to live and work. In the European metropolitan region of Nuremberg, one of the ten most important economic regions in Germany, Erlangen is one of the top locations and underpins this high economic competence with the impressive third place in the German economic ranking of the Prognos Zukunftsatlas 2013. Erlangen has been a university city since 1743. With over 40,000 students, the Friedrich Alexander University is the third largest university in Bavaria. The excellent transport links with the S-Bahn and the A73 motorway also contribute to Erlangen's popularity as a place to live and work.

The apartment is in a quiet location close to the city and a bus stop. All shops for daily needs are nearby.

The information contained in the property summary is based solely on information provided by the vendor. realbest Germany GmbH therefore accepts no liability for the accuracy or completeness of the information contained in the property summary. We would like to explicitly state that we have not verified this information either in law or in fact and therefore recommend that you seek legal counsel or advice from appropriate experts. All floor space measurements are approximate. Our general terms and conditions apply.

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