| Living area approx. | 310 m² |
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| Rooms | 11 |
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| Plot area | 1054 m² |
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| Purchase price | 689.000 € |
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| Price per m² | 2,222.58 €/m² |
| Commission | 3% |
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 assumptionsWe offer you in Cottbus’s Ströbitz district a plot of approx. 1,000 m², developed with a 3-storey residential and commercial building and several ancillary buildings.
The residential and commercial building is part of a block development. With two apartments and a commercial unit, it has a total area of approx. 460 m².
The commercial unit is located on the ground floor. With sales, preparation and storage rooms, it has an area of approx. 150 m².
The two apartments are located on the upper floors. The apartment on the 1st upper floor has 6 rooms, kitchen, bathroom and hallway; the apartment on the 2nd upper floor has 5 rooms, kitchen, bathroom and hallway. Both apartments are approx. 155 m² in size.
The ancillary buildings with production, storage and staff rooms, as well as a garage, are located in the courtyard. The total area of the ancillary buildings is approx. 420 m².
The residential and commercial building was modernized and refurbished in the early 1990s. The ancillary buildings were essentially converted and expanded for production and storage.
Extensive modernization and refurbishment work is necessary to meet today’s standards. This mainly includes
Replacement of the windows
Insulation of the façade
Insulation of the basement ceiling
Insulation of the top-floor ceiling
Changes to the room layout
Modernization of the heating and sanitary installations
Modernization of the electrical systems
Modernization of the bathrooms
Painting and flooring work
The above list of modernization and refurbishment work is merely an addition to the building description and does not claim to be complete or exhaustive.
KfW Bank supports your modernization with extensive funding, which has a significant impact on the profitability of this project. Promotional loans of up to €150,000 per residential unit are possible, with a repayment subsidy of up to 45%. The amount of funding depends on the building’s achieved energy efficiency after renovation. In addition, the conversion of the use from commercial to residential is funded with €30,000 per unit, as are your specialist energy planning and construction supervision.
If you are looking for an investment, are confident in handling a renovation and know the ways to access funding, you should take a closer look at this offer.
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