Smart Investment: Charming 1-bedroom apartment near a historic church.

This 1.5-room apartment is located on the 2nd floor of a renovated multi-family building from 1911 in the Lutherviertel district of Chemnitz. With approximately 34 square meters of living space, the unit offers a functional layout and is ideal as a compact investment property with an affordable entry price. The well-maintained building has an energy efficiency rating of C, supporting long-term rental potential. The apartment has been renovated and has been rented out since October 2025. The monthly net rent is €245, which is €7.22 per square meter. The agreed-upon index-linked rent provides a transparent basis for future rent adjustments. The mutual agreement to waive termination rights further strengthens the predictability of income. The monthly building service charges are currently €131, of which approximately €80 are pass-through costs. This keeps the ongoing, non-pass-through costs clearly calculable. With a purchase price of €48,500, the gross yield is approximately 6.06%. Combined with the existing rental agreement, index-linked rent, waiver of termination rights, clear cost structure, and excellent homeowner association (HOA) situation, the apartment offers a sound basis for predictable returns. For investors, this represents an already-rented investment with a stable return basis, a transparent risk structure, and development potential with solid financing.

The Lutherviertel district of Chemnitz is considered a well-established, centrally located residential area with excellent everyday amenities. The established development, short distances to the city center, and proximity to Sonnenberg, Gablenz, and Bernsdorf make the district particularly attractive to singles, students, commuters, and smaller households.

Shops for daily necessities, bakeries, service providers, restaurants, doctors' offices, and educational facilities are all located nearby and are largely accessible on foot. In addition, several bus lines and the nearby tram connection provide quick access to the city center and other districts. The Augustusburger Straße and Zschopauer Straße are also easily accessible.

Green spaces and recreational opportunities close to home further enhance the quality of life. For investors, the location offers a solid foundation for sustainable rental income, low vacancy risks, and a broad target group in the rental market.