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HISTORICAL BUILDING IN GERMANY
A unique historical property, built in 1560, has retained its charm through careful restoration and excellent maintenance. The building combines original period details, spacious residential areas, and commercial spaces, making it attractive to both tenants and investors. Situated in the best part of the city, this architectural landmark offers stable income and significant growth potential.
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€3,500,000
Overview

Property Details:

 

Land Area: 240 m²

Total rentable area: 771.17 m²

Residential: 395.98 m²

Commercial: 375.19 m²

 

Condition: 

Fully renovated in 1989 and maintained in good condition.

 

Key Features: Basement suitable for a bar or restaurant.

Rooftop terrace on the 4th floor (20 m²).

Unique historical details, high ceilings, and a spacious two-level penthouse (222 m², 4.5 rooms).

 

Reasons to Invest
1
Historical Value and Uniqueness: an architectural monument that attracts attention with its age and preserved original details.
2
Rental Income: currently leased to three commercial tenants. Potential for increased revenue by renting out the vacant office space.
3
High Liquidity: prime location with high demand for such properties among tenants and buyers.
4
Flexible Usage: suitable for continued leasing or partial personal use.
5
Additional Potential: possible restoration to boost profitability and market value.
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Location:
Germany
Property Type:
Historical building (architectural monument) with residential and commercial spaces.
Property price:
€3,500,000 (negotiable).
Additional restoration costs:
approximately €800,000.
Total investment:
up to €4,300,000.
Investment Duration:
Dependent on investor strategy (e.g., rental income or resale after restoration).
Expected Returns:
Current net rental income: €115,500 per year.
Potential to increase income by leasing the vacant office space and possible restoration.
Risk Level:
Low
Income Source:
Rental income
Value Growth:
Potential increase in market value after restoration and leasing the vacant office (161.81 m²).
Status:
Available for purchase and use.
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