$1,432,458

Exclusive investment in the heart of a spa town in Thuringia - fully let residential complex with excellent returns.This exceptional investment property offers a unique opportunity to invest in a modern, fully let residential complex in a popular spa town in Thuringia. With a rentable living space of 1,238 m² on a generous plot of 2,309 m², the property impresses with its solid construction quality, attractive fittings and long-term rental prospects.The residential complex comprises a total of 13 apartments: 11 units with 58 m² each, one apartment with 100 m² and a luxurious penthouse apartment with 150 m². The purchase price is an attractive €1,123 per square meter of living space.The property was completely renovated in 1995, including modern exterior insulation, and is in excellent condition with no renovation backlog. The gas heating was replaced in 2019 and a state-of-the-art 40 kW solar system was installed in 2022, further increasing the energy efficiency. Sufficient parking spaces are available for residents.A particular highlight is the existing letting situation: 11 apartments are let to senior citizens as part of an assisted living scheme. The residential complex is fully let, which represents a stable source of income. The property also offers attractive potential for rent increases.This property is a secure capital investment with stable income and excellent prospects for long-term returns. The location in a spa town guarantees high demand and a sustainable increase in value.Take advantage of this opportunity to invest in a modern and high-yielding property. Contact us today for more information or to arrange a viewing!Annual rental income: approx. 93,000 €Yield: approx. 6.7Multiple: 14.95Purchase price per m2: € 1123

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Single Family
• Home size: 13,325 ft² / 1,237.92 m²
• MLS: 24124412
• Web ID: PZSY3Y
• Status: Available