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New residential complex with terraces and balconies, Gostenhof district, Nuremberg, Germany

From 520,000 €
Apartments in total
56
Completion
2023
Minimum price
520.4k €
Floor areas
79—157
Maximum price
1M €
Minimal price per m²
6,377 €
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German law protects the investor: payment is made by installments, and if the developer fails to complete construction, the money will be reimbursed in full.

Advantages

Advantages:

The property is perfect for both living and investment. A professional property management company will take care of all maintenance and property management issues.

More properties

If this property wasn’t for you, take a look at other apartments for sale in Germany.

You can see more apartments for sale in Nuremberg elsewhere on our website.

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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
    Learn more
    Tranio helps to manage property after purchase

    Our local team at Tranio in Germany will take up property management or recommend professional German partners.

    The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

    Find out more
    • icon Property maintenance and insurance
    • icon Search for tenants, contracting, and control over rent collection
    • icon Arrangements for bookkeeping and tax advice
    Yield a Berlin apartment may earn in five years

    According to Guthmann’s data on rental and sale price dynamics among Berlin apartments in 2010 through 2020.

    • 2.5—4.5%

      per annum of rental yield

    • 5—10%

      increase in price per sq. m. each year

    Graph: price trends for apartments in Berlin

    With the yield of 5% and the average price increase by 7% per annum

    Getting a mortgage loan in Germany

    Foreigners may apply for a mortgage loan amounting to 50–70% of the property value at 1.5–2% per annum.

    If an applicant seeks a mortgage at a bank where the applicant already has had an active account in recent years, an approval will take less time as the bank will be able to quickly assess the applicant’s capacity to pay back the loan.

    • 50–70%

      property value lent as mortgage loan

    • 1.5–2%

      mortgage rate at a German bank

    • 65years

      maximum permissible age of the applicant by the end of the loan term

    • 20years

      average mortgage loan term

    Discuss with a specialist

    How to choose a rental apartment in Berlin

    Choose the neighbourhoods with developed infrastructure, price growth potential, and high rental rates.

    Set a budget and consider a mortgage Tranio recommends budgeting for at least 300,000€ and additional costs of 10–15% property price.

    Consider several options to choose the best one. However, do not delay in booking a good property. The market is highly competitive, and another buyer might snatch at the apartment in a couple of days.

    Svetlana Larionova: client manager

    Svetlana Larionova,
    Real estate expert in Germany

    How Tranio helps to buy an apartment
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      Svetlana Larionova
      Svetlana Larionova,
      Client manager
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