Apartment 2 rooms in Bitburg (DE)
€199,000Description
Maria-Kundenreich-Straße 5 · 54634 Bitburg Located in an attractive area of Bitburg is this modern and generously proportioned 2-room apartment with approximately 65 square meters of living space. The building was extensively renovated in 2017 and now offers contemporary living comfort, modern building technology, and appealing furnishings. The apartment impresses with a spacious and modern layout, plenty of natural light, and a pleasant living atmosphere. Large windows provide bright rooms and create an open and friendly character. Another highlight is the balcony with approximately 3.64 square meters, which is accessible directly from the living and kitchen areas and offers additional private outdoor space. Modern furnishings and thoughtful layout The approximately 65 sqm apartment is optimally divided and offers sufficient space for singles, couples, or as a long-term investment. The room layout includes: Spacious entrance area and hallway Bright living and kitchen area of approximately 27.59 sqm Access to the balcony Balcony approximately 3.64 sqm Spacious bedroom of approximately 18.27 sqm Modern bathroom of approximately 6.18 sqm Barrier-free bathroom with a walk-in shower Modern tiled bathroom Separate storage room of approximately 2.72 sqm Storage room with connection for washing machine Large window surfaces The well-thought-out room division offers plenty of freedom of movement and creates a pleasant and modern living feeling. Comfort and safety The apartment has a house emergency call system, providing additional security and support in everyday life. The property also includes a private cellar room, providing additional storage space. Parking is available directly in front of the building, ensuring convenient access. The building comprises a total of 35 residential units and was extensively renovated in 2017. The energy features meet the standards of an KfW-Efficiency House 160. Heating is supplied via an existing district heating network, providing a modern and efficient heating solution. Especially interesting for investors A key advantage of this property is its special rental structure. The apartments are rented out under a master lease agreement with the sisterhood association. The rental process is not done through traditional individual leasing by the property owner. The sisterhood takes over, among other things, the re-letting and handover of the apartments as part of the rental model. This eliminates the owner’s need to find suitable tenants, saving time. Through the contractually agreed indexing of rent, there is also the possibility to adjust rent according to the development of the consumer price index. Advantages for investors Master lease agreement with the sisterhood No need for own tenant search No independent organization of apartment handover No rental default risk Indexed rent development Planning of rental structure Reduced administrative effort Modern and comprehensively renovated property Potentially up to about 5% gross yield Thus, the apartment is particularly suitable for investors seeking a straightforward and long-term investment. Key data Address: Maria-Kundenreich-Straße 5, 54634 Bitburg Living area: approx. 65 sqm 2 rooms Extensively renovated in 2017 KfW-Efficiency House 160 Connected to district heating network Total of 35 residential units in the building Modern layout design Bright rooms through large window surfaces Balcony, approx. 3.64 sqm Living and kitchen area approx. 27.59 sqm Bedroom approx. 18.27 sqm Barrier-free bathroom, approx. 6.18 sqm Walk-in shower Modern tiled bathroom Storage room approx. 2.72 sqm with washing machine connection House emergency call system Private cellar Parking spaces directly in front of the building Master lease agreement with the sisterhood Indexed rent No need for own tenant search Potentially up to about 5% gross yield Conclusion This modern 2-room apartment at Maria-Kundenreich-Straße 5 in Bitburg offers an interesting combination of contemporary living comfort, modern building technology, and a particularly comfortable rental structure. The comprehensive renovation in 2017, the KfW-Efficiency House 160 standard, district heating, and modern equipment ensure a contemporary and future-proof property. For investors, the master lease agreement with the sisterhood is especially interesting. The sisterhood handles re-letting and handovers, reducing administrative effort for the owner. The rent indexation also offers additional long-term rental development prospects. With approximately 65 sqm of living space, two rooms, a spacious bedroom, barrier-free bathroom, balcony, and private cellar, the apartment also offers attractive living quality. An interesting investment for those seeking modern features, predictable rental income, low administrative effort, and long-term prospects.
Ref atHome 9371171
Ref Agency 87447814