Pension with general tenant 7.5% BMR + 6.25% depreciation in Nuremberg's Old Town

Information

Selling Price & Extra Costs

About this dream investment property

Property Description

The boarding house including the catering unit on the first floor is let as a whole with a lease until 30.06.2030 without option.
The rooms consist of single double beds.
The layout of the building is as follows:
Basement: WC facilities, heating, storage areas
First floor: bar/café - this area is only open during the day
1st floor: 4 rooms with washbasin, 1 bathroom, 1 WC, 1 kitchen
2nd floor: 4 rooms with washbasin, 1 bathroom, 1 WC, 1 kitchen
Top floor: 3 rooms with washbasin, 1 bathroom, 1 WC, 1 kitchen

A residual use report is included with the purchase.
The remaining use of the building is 16 years. Assuming a building share of 60%, this results in an annual depreciation of approx. 31,800 €.

Furnishing

Very well maintained building.
- 2018/2019 Rooms renovated by tenants
- 2022 New flat roof coating
- 2023 Gastro area renovated by tenant
- 2024 Installation of new lifting system and new heating burner
- 1 bathroom and 1 kitchen per floor
- Full basement
- Brötje gas central heating
- Duct leakage test
- Tiles, laminate

Location

Location description

Nuremberg's Old Town is a fascinating historical jewel that enchants its visitors with its unique charm. Situated in the heart of the city, the Old Town stretches across winding alleyways and squares steeped in medieval architecture and history.
The main market, surrounded by colorful half-timbered houses, forms the vibrant center. Here you will not only find the famous Schöner Brunnen fountain, but also the Christkindlesmarkt, which bathes the old town in a festive light at Christmas time.
The Imperial Castle towers majestically over the old town and offers not only a breathtaking view, but also insights into the city's past. The impressive St. Sebaldus Church can be explored, as can the Handwerkerhof, where traditional arts and crafts come to life.
The lively atmosphere of the old town is characterized by cosy cafés, traditional beer gardens and local stores. Whether you want to explore historical sites or simply stroll through the cobbled streets, Nuremberg's Old Town promises a unique blend of history, culture and local flair.

On average, 3.1 million visitors stay overnight in Nuremberg.