Selling Price | 175.000 € |
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Courtage | 3,57% |
For sale is a package of 4 condominiums in a prefabricated building in the city of Weißenfels (2x 2-room, with approx. 49.5 sqm and 2x 3-room, with approx. 71.5 sqm), all with balcony and bathrooms with windows and bathtub, one apartment with a quite decent EBK. All 4 apartments are located in a stairwell, compactly distributed on the 4th floor and 5th floor (attic). All 4 apartments offer a fantastic view, especially to the rear, unobstructed into the green!
One 3-room apartment is still rented for an annual rent of 3,120 euros (3.59 euros/sqm). The remaining 3 apartments are in a freshly renovated condition, so that they are immediately available for rent. In the course of the sale, the new letting can still be jointly agreed with the purchaser to date, so that all apartments can be handed over rented!
Based on a rental price of 6 euros/sqm for the vacant apartments and an adjustment of the rent for the rented apartment, a total annual rent of around 16,524 euros can be expected or calculated. With a further adjustment of the already rented apartment, there is some potential for an increase in the medium term.
Economic situation;
The non-allocable costs for all 4 ETW after the last HGA 2023 amounted to EUR 1,045.96, of which EUR 505.84 flow into the reserve. The total allocation to the reserve amounts to EUR 20,975 p.a. and stood at around EUR 50,500 after the last HGA 2023. (In 2023, one side of the staircase was renovated, which cost around € 10,800). The total MEA amounts to a manageable 584.54/10,000.
Notes on the current house allowance payments;
The house allowance deductions are based on the very high consumption of the previous tenants (moving out in August 2024) of a flat, on the basis of which the current deductions are based. This will improve the 2026/2027 income statement accordingly.
The residential complex consists of 70 residential units and is in a very well-kept and well-managed condition. The ownership structure is also quite balanced.