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550 000 €

House in Gelsenkirchen, Germany, 600 m²
  • House in Gelsenkirchen, Germany, 600 m² - picture 1
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  • House in Gelsenkirchen, Germany, 600 m² - picture 1
  • House in Gelsenkirchen, Germany, 600 m² - picture 2
  • Property ID on Prianproperty.com: 4138547
    Last update: 11.02.2026
    Number of views: 1005

550 000 €

House in Gelsenkirchen, Germany, 600 m²

600 m²
Online Viewing Remote Transaction Rental property

  • Property ID on Prianproperty.com: 4138547
    Last update: 11.02.2026
    Number of views: 1005

Specifications

Sale price 550 000 €
House Area 600 m²
Construction phase Resale
The property can be rented out

Additional services

  • Property management company
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Business expenses
Not included in the price
Commission fee 3.57 %

Description

  • INVESTMENT PROJECT!

  • Two houses in Gelsenkirchen are for sale, which are currently completely vacant and require major repairs. This gives the investor the opportunity to implement the project from scratch, carry out modernization, set a new pricing policy, and create a high-quality rental portfolio. The sizes of the houses are presented in the form of photos, showing the total size of the two houses. If we assume an average market rental of cold rental in Gelsenkirchen after renovation (approx. 7-9 € / m² depending on the location and equipment level), then a rough profitability can be calculated. A rough calculation - in houses there are only 20 apartments with an average size of about 55-65 m². With an average rental, for example: • 8 € / m² • 60 m² average apartment → 480 € cold rental from one apartment 20 apartments × 480 € = approximately 9.600 € of cold rent per month. That is: • about 115.000 € per year (Kaltmiete) • without taking into account additional income (for example, parking, storerooms, etc.) If after a high-quality upgrade it is possible to reach 8.50-9 € per m², then the annual gross income can be on the order of 120.000-130.000 €. Thus, with full load and the right management strategy, the object has a good potential for a sustainable cash flow. Purchase of 2 houses for 550.000 € Bruttorendite: Rounded: ≈ 21 % Bruttorendite IF YOU NEED REPAIRS OF THIS PROPERTY - WE WILL BE HAPPY TO HELP YOU! ANY ASSISTANCE AT ALL STAGES - GUARANTEED! Photos and videos upon request, or better come and see! Record for viewing by company contacts.

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  • INVESTITIONS PROJEKT!

  • Zum Verkauf stehen zwei Häuser in Gelsenkirchen, die derzeit komplett geräumt sind und eine Generalüberholung erfordern. Dies gibt dem Investor die Möglichkeit, das Objekt «von Grund auf» zu realisieren — eine Modernisierung durchzuführen, eine neue Preispolitik festzulegen und ein hochwertiges Mietportfolio zu bilden. Die Metriken der Häuser werden in Form eines Fotos dargestellt - eine Gesamtmetrik für zwei Häuser. Geht man von der durchschnittlichen Kaltmiete in Gelsenkirchen nach der Renovierung aus (je nach Standort und Ausstattungsniveau etwa 7-9 € pro m2), kann man die geschätzte Rendite berechnen. Ungefähre Berechnung - es gibt nur 20 Wohnungen in Häusern mit einer durchschnittlichen Fläche von etwa 55-65 m2. Bei durchschnittlicher Miete zum Beispiel: * 8 € pro m2 * 60 m2 durchschnittliche Wohnung → 480 € Kaltmiete von einer Wohnung 20 wohnungen × 480 € = ca. 9.600 € Kaltmiete pro Monat Das heißt: * ca. 115.000 € pro Jahr (Kaltmiete) * ohne zusätzliche Einnahmen (z. B. Parkplätze, Abstellräume usw.) Wenn es nach einer qualitativen Modernisierung gelingt, 8,50-9 € pro m2 zu erreichen, kann das jährliche Bruttoeinkommen etwa 120.000–130.000 € betragen. Mit einer vollständigen Auslastung und einer richtigen Managementstrategie hat das Objekt daher ein gutes Potenzial für einen stetigen Cashflow. Kauf von 2 Häusern für 550.000 € Bruttorendite: Abgerundet: ≈ 21 % Bruttorendite WENN SIE EINE REPARATUR DIESES OBJEKTS BENÖTIGEN, WERDEN WIR IHNEN GERNE HELFEN! JEDE UNTERSTÜTZUNG IN ALLEN PHASEN IST GARANTIERT! Fotos und Videos auf Anfrage, aber es ist besser, Sie zu sehen! Aufzeichnung zur Anzeige nach Firmenkontakten.


Additional features

House details

  • demands total renovation
  • the seller helps with furnishing

Contact seller

Message sent

Representative

Kristin
Manager
Languages: english, german
Show phone number



Cost of accomodation in Gelsenkirchen

Cost of accomodation in Gelsenkirchen
Restaurants
Cappuccino (regular) 3.17 €
Coke/Pepsi (0.33 liter bottle) 3.17 €
Domestic Beer (0.5 liter draught) 4.38 €
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 55.00 €
Meal, Inexpensive Restaurant 8.50 €
Water (0.33 liter bottle) 3.00 €
Imported Beer (0.33 liter bottle) 3.80 €
Markets
Apples (1kg) 2.47 €
Banana (1kg) 1.44 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 12.93 €
Bottle of Wine (Mid-Range) 4.75 €
Chicken Fillets (1kg) 12.45 €
Domestic Beer (0.5 liter bottle) 0.81 €
Eggs (regular) (12) 2.27 €
Lettuce (1 head) 1.49 €
Loaf of Fresh White Bread (500g) 1.99 €
Local Cheese (1kg) 10.30 €
Milk (regular), (1 liter) 1.08 €
Onion (1kg) 1.26 €
Oranges (1kg) 1.99 €
Cigarettes 20 Pack (Marlboro) 7.85 €
Potato (1kg) 1.26 €
Rice (white), (1kg) 1.50 €
Tomato (1kg) 1.11 €
Water (1.5 liter bottle) 0.31 €
Imported Beer (0.33 liter bottle) 1.53 €
Transportation
Gasoline (1 liter) 1.85 €
Monthly Pass (Regular Price) 50.00 €
One-way Ticket (Local Transport) 3.60 €
Taxi 1hour Waiting (Normal Tariff) 30.00 €
Taxi Start (Normal Tariff) 4.00 €
Taxi 1km (Normal Tariff) 2.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 19 000.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 20 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 400.00 €
Apartment (1 bedroom) Outside of Centre 533.33 €
Apartment (3 bedrooms) in City Centre 733.33 €
Apartment (3 bedrooms) Outside of Centre 700.00 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39.97 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 350.00 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 41.10 €
Sports And Leisure
Cinema, International Release, 1 Seat 9.00 €
Fitness Club, Monthly Fee for 1 Adult 28.00 €
Tennis Court Rent (1 Hour on Weekend) 25.00 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 50.00 €
1 Pair of Men Leather Business Shoes 50.00 €
1 Pair of Nike Running Shoes (Mid-Range) 50.00 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.63 €
Childcare
International Primary School, Yearly for 1 Child 8 500.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 200.00 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 1 500.00 €
Price per Square Meter to Buy Apartment Outside of Centre 1 200.00 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 2 233.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.83 %

Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Seller
Kristin Manager

Elementa

Languages: english, german
Contact seller
Messengers: