Multi-family house directly at Ranis Castle, former town hall, extensively renovated with interesting return – Photo 1

Multi-family house directly at Ranis Castle, former town hall, extensively renovated with interesting return

The advertiser will give you the exact address on request.07389 RanisThüringen
Purchase price
489.000 €
Living area
530 m²
Rooms
27
TraumImmo ID: 232XTTC
Partner ID: 145585497

Published on 18/09/2026 · Last checked on 23/09/2026

Advertiser:
RegionalImmobilien24

Key facts

Living area approx.530 m²
Rooms27

Plot area890 m²

Purchase price & costs

Purchase price489.000 €
Price per m²922.64 €/m²
Commission3,57% (3,57 % inkl. MwSt.)

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About this investment property

This listed historic multi-family building in the historic center of Ranis offers investors a rare combination of ongoing rental income, development potential, and distinctive building substance. The property comprises approximately 530 m² of living space, distributed across 9 residential units, on a plot of approximately 890 m².

Currently, 8 of the 9 apartments are rented. The current annual net cold rent is €34,500. The realistic target rental potential is around €39,300 per year. This means the property already generates ongoing income while also offering further development potential.

The property underwent extensive gut renovation in 2000/2001 and has been continuously maintained ever since. Recent measures include the installation of a new condensing gas boiler, including chimney lining, in 2024, as well as the modernization of one residential unit in 2025. For investors, this means a solid structural basis with a manageable entry point for further optimization.

The building, formerly a medieval town hall, features a spacious vaulted cellar as well as separate basement rooms for the individual units. Parking directly at the house further enhances its rental appeal.

The location in Ranis’s old town center, directly next to Ranis Castle, gives the property a special identity. In addition to conventional residential use, the building’s historic character may also be an interesting factor in the future positioning of individual units.

The listed status is also particularly relevant for investors: it opens up tax depreciation opportunities and can therefore further improve the investment’s profitability.

Overall, this is a distinctive multi-family building with existing rental income, further potential for rent increases, and rare historic substance.

An energy certificate is not required due to the building’s listed status.
Buyer’s commission: 3.57% incl. VAT of the notarized purchase price.


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Advertiser:
RegionalImmobilien24
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