| Living area approx. | 234 m² |
|---|---|
| Bedrooms | 8 |
| Rooms | 8 |
|---|---|
| Bathrooms | 3 |
| Plot area | 190 m² |
|---|
| Purchase price | 339.000 € |
|---|---|
| Price per m² | 1,448.72 €/m² |
| Commission | 3,57% (3,57 % inkl. ges. MwSt.) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
Your inputs are calculated only in this browser and are not saved or sent to TraumImmo.
More financing calculators and assumptions- Student apartment building with 8 rentable individual rooms, distributed over 3 floors
- Extensively modernized (investments of over EUR 250,000 in 2025) 1963 including retail unit, last fundamentally refurbished in 2016 + 2017
- Fully basemented with additional storage and utility areas
- Garage (not renovated) in the rear area
- Approx. 78 m² commercial space (ground floor) with conversion and development potential
- Possibility of creating additional living space (subject to official approval)
This extensively modernized property, fundamentally refurbished in 2016 + 2017, offers an attractive investment opportunity in the student and room rental sector. The property was designed as an apartment building for students and currently has a total of 8 rentable individual rooms, distributed over three floors (1st to 3rd upper floors).
The fully basemented building is located in an attractive mixed-use area. A garage is available in the rear area.
Extensive modernization measures with an investment volume of over EUR 250,000 were carried out between 2016 and 2018. The corresponding tradespeople’s invoices are available. Nearly the entire building services and fittings were renewed. Only the staircase remains in its original condition.
The renovation included, among other things, the following measures:
- Roof replacement
- Modern hands-free and door-opening systems on every floor
- Three new fitted kitchens (one per residential unit)
- Three new washing machines (one per residential unit)
- Three new dining room furnishings (one per residential unit)
- Extensive renewal of the technical infrastructure
The basement offers additional storage and utility areas and can be used as storage space by both the owner and the tenants.
Particularly noteworthy is the already gutted commercial unit with an area of approx. 78 m². The space is in shell construction condition; all connections for gas, electricity and water have already been prepared.
Converting the commercial space into additional living space could offer interesting expansion opportunities for the existing rental concept.
Furthermore, conversion may be eligible for funding under certain conditions through the KfW “Commercial to Residential” funding program (Program 266). The program supports the conversion of previously commercially used, heated buildings or parts of buildings into residential space with a non repayable grant of up to EUR 30,000 per newly created residential unit or up to EUR 300,000 per project. The respective funding conditions and the required official permits must be complied with.
This gives investors the opportunity to create additional residential units and sustainably increase the property's earning power.
Your destination goes to Google Maps only when you submit the form. TraumImmo neither stores nor logs it.
Revitalization Property / Complete Renovation in Hof – Offer Including Approved Plans for Conversion into an Apartment House95028 Hof
619.000 € DESIGN HOUSE IN A CLASS OF ITS OWN95028 Hof
489.000 € A DESIGN HOUSE AS VERSATILE AS YOU ARE95028 Hof
