Magdeburg • 62.7 m² • P-361-3344.2% initial yield with 2-room apartment near city center
Well cut 2-room apartment rented since 2018
City center and the Unicampus are reachable in a few minutes
No pending renovations according to the owners' meeting
€107,000Purchase price
€101,000Market assessment

Property details

Living space
62.73 m²
Rooms
2
Bathrooms
1
Floor
First floor
Stories in building
4
Year of construction
1900
Balcony
Yes
Basement
Yes

Energy & Condition

Last modernization (Building)
2019
Condition
Good
Energy certificate
Present
Heating system
Central heating
Heating
Gas heating

Rent

Net cold rent
376 €
Market rent
390 €
Initial gross yield
4.2%
Renting status
Currently rented
Rental agreement exists since
10/2018
Last rent adjustment
10/2018

Monthly recurring costs

Maintenance reserve
39 €
Non-allocable costs
45 €

Special features

One time costs

Real Estate Transfer Tax
5,350 €
Broker Commission
3,820 €
Notary Fees
1,605 €
Land Registration Entry
535 €
Total
€11,310
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