| Type | Block of flats |
|---|---|
| Living area approx. | 580 m² |
| Bedrooms | 8 |
| Rooms | 20 |
|---|---|
| Bathrooms | 8 |
| Plot area | 410 m² |
|---|
| Purchase price | 135.500 € |
|---|---|
| Price per m² | 233.62 €/m² |
| Commission | 4,76% (4,76% Käuferprovision vom Kaufpreis inkl. gesetzl. MwSt.) |
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More financing calculators and assumptionsThis attractive investment package at the foot of the Heidelberg in Aue-Bad Schlema offers a rare opportunity for investors seeking to benefit from solid structural substance and already advanced renovation preparations. The property's particular potential lies in the combination of partial immediate lettability and considerable potential for appreciation through the final interior fit-out. Since key trades such as windows, heating pipes, and water and wastewater connections have already been prepared or installed in the residential units, the time and financial effort required to achieve full occupancy is drastically reduced.
The property comprises a total of nine condominiums, eight of which are being sold as a package. While one unit has already been fully renovated and rented, six further units are waiting to be transformed into high-quality living space through targeted finishing work such as flooring, wallpapering, or installing interior doors. A further strategic advantage for the future owner is the option of potentially reunifying the entire property under one ownership through discussions with the remaining co-owner.
The building's technical foundation is in a well-maintained condition. The plastic windows from 2000 are almost like new, as they have hardly been used since installation, and half of the roof was already modernized approximately 15 years ago. The property is heated by a central gas heating system, with one of the spacious attic apartments additionally having its own gas boiler.
The flexibility in completing the units is particularly noteworthy: While some apartments require only cosmetic corrections and completion of the electrical work, other units, such as the approximately 76-square-meter three-room attic apartment, offer scope for individual design according to modern standards. Overall, this package represents a calculable project development with an excellent basis for sustainable returns.
Are you interested? We would be happy to arrange a non-binding viewing appointment with you. We look forward to hearing from you!
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