| Living area approx. | 1157 m² |
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| Plot area | 1114 m² |
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| Purchase price | 350.000 € |
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| Price per m² | 302.51 €/m² |
| Commission | 4,76% (4,76 % inkl. 19 % MwSt. vom Kaufpreis) |
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More financing calculators and assumptionsProperty number: H-3107 - Plauen: 2 Apartment Buildings (former hotel/dormitory)
These two currently vacant apartment buildings are located in the immediate vicinity of Plauen’s main train station. Building A was built around 1900 and converted from a hotel into a dormitory around 1993. Approximately 757 m² of living space is spread across 5 floors, comprising 30 rooms. Each room has its own bathroom. The ground floor also has a large common and meeting room, two restrooms and an additional room.
Property B was originally built around 1902. It was restored in 1946. The living space totals approximately 400 m² and is also spread across 5 floors. The ground floor housed a retail unit, with apartments on the upper floors. The combined plot area of the two adjacent properties is approximately 1,114 m².
In our view, the two properties in need of modernization offer considerable potential and, at a price of under 400 euros per m² and with their location in a REDEVELOPMENT AREA and all the associated benefits, represent a TOP purchase opportunity.
There are currently no functioning heating systems, so no energy performance certificates are required. After renovation, the properties are also perfectly suited for investors to rent out individual apartments, for example as a dormitory.
Further information, additional photos and detailed documents are available on request.
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