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    Buy-to-let apartment in Nuremberg

    177,000 €
    • Yield 4.26 %
    • Total area 32 m²
    • Completion in: 2021.IV
    • 5-floor building
    • 1 floor
    • Total rooms: 1
    • 1 bathroom
    • Balcony or terrace
    • Internet
    • TV
    • Furnished

    The new residential complex consists of 51 apartments with 1–2 rooms area from 21 to 50 m². Apartments are fully furnished and equipped with quality appliances. The building will have a barrier-free lift, 42 storage rooms, a well-groomed courtyard with space for bicycles, 3 outdoor parking spaces, a laundry room, and an electric scooter charging station.

    Completion of construction — 4th quarter of 2021. Demolition work on the construction plot has already been completed.

    Interior

    Layout — a living room with a kitchen, a bathroom, a pantry, a terrace.

    Equipment

    • sanitary ware from Villeroy & Boch, Grohe, Geberit
    • built-in kitchen with household appliances
    • furniture — a bed with a mattress, a table, a wardrobe, a shelf, a sofa, a workplace with armchairs, a mirror, a dressing shelf
    • quality floors and tiles
    • connection for TV and internet

    Advantages

    Property will be in high demand among students, professionals who come to the city for work, singles and young families.

    Financial performance

    Yield — 4.26%.

    Transaction costs

    Commission 3% + VAT.

    Location and nearby infrastructure

    Due to its historical past, Nuremberg become a cultural, tourist and economic center. Such corporate giants as Siemens, Adidas, Puma, Schaeffler, DATEV, Diehl, MAN, etc. have built their headquarters in this region. Many educational institutions and research centers are concentrated here. Nuremberg is one of the main transport hubs in Europe — there is an airport, high-speed rail, motorways A3, A6, A9. Economic centers such as Munich, Regensburg or Ingolstadt can be reached in 60 minutes, thanks to the close proximity of Nuremberg Central Station.

    The complex is located in the Glockenhof district — a developed area next to the central train station and the historic center of Nuremberg.

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