The Shared flat letting model offers investors an attractive opportunity to achieve a higher return on their property. Particularly in cities such as Nuremberg, Fürth, Erlangen, Schwabach and Roth, where the demand for affordable living space for students, young professionals and young families is high, letting to flat-sharing communities (WGs) can be an interesting option. But what challenges are associated with this model and how can investors benefit from it?
Why the shared flat rental model is interesting
Rising demand for affordable housing
In university cities like Erlangen and Nuremberg the demand for rooms in shared flats is constantly increasing. Many young people are moving to the city to study or work and are looking for affordable flats that can be used flexibly. This demand offers investors an opportunity to generate higher rental income by letting individual rooms than by letting the entire flat to a single party.
Higher returns through individual letting
What makes the Shared flat letting model is that the rent for individual rooms is often higher in total than when renting to a single tenant. This means that a higher yield can often be achieved with a shared flat. This is particularly the case in cities such as Schwabach or Fürth where living space is limited and rents are rising.
Advantages and challenges of the shared flat rental model
Advantages for investors
- Higher returnRoom letting generally generates higher rental income.
- High demandShared flats are in particularly high demand in student cities such as Erlangen and Nuremberg.
- Lower risk in the event of rent defaultIf a tenant moves out, the rest of the flat remains occupied so that the income is not completely lost.
Challenges and risks
- Higher administrative expensesLetting to several people requires more communication and management, which increases the workload for the landlord.
- Conflicts between tenants: Disputes can occur more frequently in shared flats, which may involve the landlord in conflict resolution.
- Wear and tear on the property: More frequent use of the flat by several people can accelerate the wear and tear on the property.
Objective presentation of the letting process
Example: Flat share letting in Nuremberg
Imagine you own a four-room flat in Nuremberg. If you rent out the entire flat to a family, for example, you will earn €1,200 per month. However, if you opt for the Shared flat letting model and rent out each room individually, you could charge around 350 euros for each of the four rooms, resulting in a total of 1,400 euros - a significant increase in monthly income.
The importance of location and equipment
The location plays a decisive role in the Flat share letting. In central locations in Nuremberg or Erlangen, where many young people and students want to live, the demand for rooms in shared flats is particularly high. You should also make sure that the flat is adequately equipped - a well-functioning kitchen, communal lounges and fast internet are particularly important for shared flats.
Tips for investors in the shared flat letting model
- Analyse target groupConsider the target group for your property - students, young professionals or commuters.
- Check the legal situation: Make sure that the rental agreement refers to the Flat share letting and contains clear rules for all tenants.
- Maintenance of the propertyEnsure that regular maintenance and renovations are carried out to maintain the condition of the property and retain tenants in the long term.
Let my-home.de advise you
If you are an investor with a Flat share letting and would like some advice, our experienced team is at your disposal. Real estate agent from my-home.de at your side. We support you in letting in Nuremberg, Fürth, Erlangen, Schwabach and Roth and ensure that you get the most out of your property. Take advantage of our Contact form, to arrange a non-binding consultation.
The shared flat letting model - a lucrative option for investors
The Shared flat letting model offers investors the opportunity to maximise their returns by renting out individual rooms. Particularly in cities such as Nuremberg, Fürth and Erlangen, where demand for affordable housing is high, investors can benefit from the shared flat model. Take advantage of the expertise of my-home.de, to optimise the letting of your property and benefit from the advantages of this investment opportunity.
Frequently asked questions (Q&A)
Higher yields through individual letting, lower risk of loss of rent and high demand, especially in student cities.
Cities like Nuremberg, Fürth, Erlangen and Schwabach, where many young people and students live, are ideal for shared flats.
You should make clear provisions in the tenancy agreement, define the responsibilities of the tenants and regularly check the condition of the property.
Even in smaller towns like Roth, the shared flat model can be worthwhile if there is demand for affordable housing, for example from commuters or trainees.
It is important to organise communication with tenants well and to name clear contact persons for problems. It can also be useful to appoint a property manager.
There are special tenancy agreement clauses that are important when renting a flat share, e.g. on termination and tenant liability.
Yes, income from renting out rooms in shared flats can be tax-deductible, especially if modernisation or renovation work is carried out.
The real estate agents at my-home.de offer you professional support in renting out shared flats and ensure that your property is used profitably.



Disclaimer
The information, recommendations and legal explanations contained in this guide are intended solely as non-binding advice. We assume no liability for the timeliness, accuracy or completeness of the information. This is not legal advice in the legal sense, and the contents cannot replace individual advice from a qualified lawyer or tax consultant.For legal issues arising in connection with property sales, the drafting of contracts or tax aspects, it is essential to seek professional legal advice. Our advice only provides an initial orientation and cannot represent a customised solution due to the complexity of the legal situation.
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