| Living area approx. | 530 m² |
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| Rooms | 27 |
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| Plot area | 890 m² |
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| Purchase price | 489.000 € |
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| Price per m² | 922.64 €/m² |
| Commission | 3,57% (3,57 % inkl. MwSt.) |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsThe listed apartment building in Ranis, formerly the medieval town hall, presents itself as a multifaceted investment property with around 530 m² of living space, distributed across nine residential units. On a total plot area of about 890 m² – including a parcel listed as an individual cultural monument – the property forms a unique ensemble in the historic old town center. Its proximity to Ranis Castle and the connection of the roof levels with the neighboring building emphasize the exceptional location and history of the property.
Eight of the nine units are currently rented and secure an annual net cold rent of 34,500 €. The realistic target rental potential is around 39,300 €, offering room for increased returns. Investors benefit here not only from the lasting value of heritage protection, but also from the economic trends in the region: in the old town and the immediate vicinity, the short-term rental market for tourists and conference visitors to Ranis Castle is developing increasingly into a solid source of income. This demand opens up additional opportunities for owners for attractive short-term rentals with above-average yields.
The building was extensively and fully renovated in 2000/2001 and has been continuously maintained ever since. Recent measures include the installation of a new condensing gas boiler including chimney piping (2024) as well as the modernization of a residential unit (2025). This gives the property contemporary living comfort with efficient energy use.
The spacious vaulted cellar as well as the separate cellar rooms for each unit offer additional usage options, such as storage or shared areas. Parking directly at the house rounds off the rental offer and increases the attractiveness of the location.
Heritage protection under the Thuringian Monument Protection Act enables tax depreciation advantages and thus contributes to long-term return optimization.
Overall, the former town hall of Ranis presents itself as a characterful, economically sound investment property – with historic flair, sustainable value appreciation potential, and excellent prospects in a dynamically developing environment.
An energy certificate is not required according to EnEV.
Buyer’s commission: 3.57 % (incl. VAT) of the notarized purchase price.
Note: All property information, documents, and plans come from the seller. We accept no liability for their accuracy and completeness. Photos may be for legal or may have been adjusted for presentational reasons. The offer is non-binding, subject to errors, prior sale, or prior rental.
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