Renovated apartment in St. Pauli – Ideal investment for furnished rental

€349,000
  • 1.5 Rooms
  • 1 Bedroom
  • 1 Bathroom
  • ~43 m² Living area
  • Construction year 1970

Description

In the heart of Hamburg’s vibrant St. Pauli district, this property presents an attractive opportunity for investors. The approximately 43 m² one-and-a-half-room apartment is located on the eighth floor of the historic Margot Niebuhr high-rise, a distinctive building dating from the 1970s. Following a comprehensive, high-quality renovation carried out in 2024, the interior is presented in a contemporary, move-in-ready condition. Thanks to a clever, well-designed layout, the available space is used optimally, creating a generous sense of space. This configuration provides excellent conditions for renting the apartment as furnished accommodation and appealing to an attractive target group. The floor-to-ceiling window fronts are the design highlight, providing bright rooms and framing Hamburg’s city panorama impressively. The living area opens onto a sunny west-facing balcony. From here, there is an unobstructed panoramic view encompassing the harbor’s maritime activity to the left and the distinctive city skyline to the right—an obvious advantage for rental appeal. Whether as a stable investment or specifically for furnished letting, this property combines a sought-after location with modern living comfort. We would be pleased to provide further information or arrange an individual viewing appointment.

Features
BalconyBasementBuilt-in kitchenGarageSea/Lake viewSecurity systemElevatorOpen viewSenior orientedWheelchair accessible
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Engel & Völkers Hamburg MMC

Your advisor: Marvin Hollmann

Property ID: W-04AP1F

Property details
  • Object type

    Flat

  • Rooms

    1.5

  • Bedrooms

    1

  • Bathrooms

    1

  • Floor

    8

  • Number of Floors

    16

  • Garages

    1

  • Living area

    ~43 m²

  • Flooring

    Synthetic

Energy efficiency information
  • Construction year

    1970

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Final Energy Consumption

    135.6 kWh/m²a

  • Energy source

    Long-distance heating

Location: Saint Pauli, Hamburg

St. Pauli is one of the Hanseatic city’s most dynamic and diverse districts. In close proximity to the historic Reeperbahn, this location combines traditional Hamburg flair with modern urbanity. The area is distinguished by its cultural diversity and sophisticated dining scene, ranging from the striking “Dancing Towers” at the beginning of the boulevard to established cultural venues such as the Operettenhaus. Since the redevelopment of the Elbe riverfront, numerous renowned companies have also settled here, decisively shaping the district’s modern character. In addition to its urban vitality, the surroundings offer excellent recreational value. The proximity to the Elbe, the Elbe riverside trail and the green parks invite residents to enjoy a wide range of outdoor activities, while the neighboring, distinctive districts of Ottensen, the Schanzenviertel and HafenCity provide a varied and attractive residential environment. Everyday local amenities are optimally provided on site. A wide range of shopping facilities, boutiques and cafés, as well as medical facilities, schools and daycare centers, are located within immediate walking distance of the property. Connections to public transport and the long-distance transport network are also excellent. Various S-Bahn, U-Bahn and bus lines ensure fast connections to Hamburg city center, the main railway station and Altona station. For travel farther afield, Hamburg Airport can be reached in approximately 30 minutes by car. The property also enjoys excellent motorway access: the Stellingen and Othmarschen interchanges provide quick access to the A7, while the Elbe bridges offer ideal connections to the A1. The property is located within the area covered by the social preservation ordinance.

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