Apartment block for sale

Excellent income property with 5 licensed studios!

Looking for an investment offering immediate rental income with further potential for optimisation? This well-maintained income property enjoys an exceptional location right in the city centre, within walking distance of the main square, shops, restaurants, cafés and the railway station.
The property comprises 5 fully licensed studios spread over three floors. On the ground floor, there are two studios of 61 m² and 24 m², both with a terrace. The first floor contains two further studios of 61 m² and 24 m². A fifth studio of 33 m² is located on the second floor.
The studios have the following EPC ratings: studio 1 (61 m² – E), studio 2 (24 m² – B), studio 3 (61 m² – C), studio 4 (24 m² – B) and studio 5 (33 m² – D).
Each unit has its own individual meter. The communal areas are well maintained and the property also benefits from a dry cellar.
The current combined rental income amounts to €2,080 per month, or €24,960 per year. Future rent indexation provides additional potential to further optimise the rental income.
The property is also technically well maintained, with insulated roofs, compliant electrical installations and an asbestos-safe status. Furthermore, 4 of the 5 studios are exempt from the renovation obligation. Rental deposits, inventories and registration documents are available, ensuring a transparent and administratively compliant property.