Apartment in modern residential complex, which comprised of 48 flats and penthouses (20 m² — 84 sqm).

Property of this type is sought-after for tenants. The owner gets long-term rent revenue for the low cost investment.

This project is sought-after for investors because of it’s low entrance to the project threshold and the possibility of mortgage lending.

Interior

Apartment consists of light living-room combined with kitchen and dining area, bedroom, bathroom and balcony.

Equipment

• flat is furnished;
• kitchen equipped with modern appliances;
• central heating and air ventilation system.

Advantages

Complex may offer at residents’disposal: garden in the courtyard of the house, underground parking, laundry and concierge-service. The purchase price of a parking lot is 26,500 €. Owners may use services of management company, which assumes responsibilities associated with searching for tenant, singing lease agreement, property maintenance, managing, tenant communications, insurance, renovation, etc. The management company guarantees the rental income for 1 year to the owner, even if the apartment is not rented.

The object is compliant with standards of energy conservation KfW 85 of EnEV 2016.

Financial performance

Projected absolute income is 12,502 €.

Projected yield of 3.8%.