| Type | Mixed residential and commercial building |
|---|---|
| Floor | 0 |
| Living area approx. | 30 m² |
| Year built | 1972 |
| Available from | Nach Vereinbarung |
|---|---|
| Heating | Central heating |
| Fuel type | Geothermal |
| Plot area | 70 m² |
|---|---|
| Parking spaces | 1 |
| Condition | Well kept |
| Type of energy certificate | Energy consumption |
| Rental income | 15.000 € |
| Purchase price | 295.000 € |
|---|---|
| Price per m² | 9,833.33 €/m² |
| Commission | no commission for buyers |
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.
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More financing calculators and assumptionsThis attractive property combines residential and commercial use in a central location close to the beach in the popular Baltic resort of Grömitz.
The offer includes a modernized ground-floor apartment with a separate entrance and a spacious retail unit in the same property. The combination of private use or holiday letting and a commercial unit rented out on a long-term basis offers interesting opportunities for both investors and owner-occupiers.
The apartment was completely renovated in 2024, including the electrical system and bathroom, and presents itself in a modern, well-maintained condition. It is currently being successfully rented through a holiday rental agency.
The retail unit, with approx. 30 m² of space, has been rented out since 2014 and features a small kitchenette and its own WC. It is in well-maintained condition, but will require modernization in the medium term.
No heritable building right: The plot belongs to the condominium owners’ association.
Apartment
•Ground-floor apartment with separate entrance
•Modern living room with sleeping area
•Open-plan fitted kitchen with appliances
(ceramic hob, oven, dishwasher)
•Complete renovation in 2024 (including electrical system and bathroom)
•Ideal for holiday letting or owner-occupation
Retail unit
•Commercial space approx. 30 m²
•Kitchenette
•WC
•Rented out since 2014
Additional features
•Basement room belonging to the apartment
•Parking space for the retail unit
•Popular residential complex
•Only a few minutes from the beach
Building condition / Modernizations
Extensive measures have been carried out on the building in recent years:
•Façade paint renewed (2018)
•Stairwell renovated (2018)
•Gas heating system renewed (2019)
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The property is located in a central yet beach-adjacent position in the Baltic resort of Grömitz, one of the most popular holiday destinations on the German Baltic coast.
The town delights visitors with its approximately 8 km-long sandy beach, impressive cliff coast and fresh, clear Baltic Sea air.
Special highlights include:
•the almost 400-metre-long pier
•the 4 km-long beach promenade with numerous restaurants, cafés and shops
•events such as “Music over the Sea” or “Baltic Sea in Flames”
Thanks to its many hours of sunshine, Grömitz is also known as the “Baltic resort on the sunny side.”
