About this house
Attractive apartment building with spacious ancillary building, expansion reserves and solid yield in Breitenbrunn / Erzgebirge
In a central location in Breitenbrunn in the Erzgebirge, this charming apartment building from 1900 presents itself as a versatile investment property with additional development potential. On a generous plot of approx. 1,824 m², the property combines attractive living space, spacious ancillary areas and interesting expansion possibilities – a rare opportunity for investors, owner-occupiers or project developers.
The historic building has a living area of approx. 295 m², distributed across a total of 4 residential units, and thus offers ideal conditions for sustainable letting and various usage concepts. The property impresses with its well-maintained overall appearance, solid building structure and attractive range of spaces, which extends far beyond purely residential use.
Particularly noteworthy is the spacious ancillary building with a storage hall, garage and workshop areas, as well as additional usable areas on the ground floor, upper floor and in the attic. These spaces open up a wide range of possibilities – whether as storage and hobby areas, for small commercial uses or as interesting expansion reserves. Subject to the respective building-law approvals, there is the possibility of creating additional residential, studio or work spaces, thereby unlocking further potential for appreciation and income.
The extensive courtyard with two garages, two carports and additional parking spaces offers sufficient room for residents, visitors or additional letting opportunities. The property is complemented by garden areas, basement rooms and functional ancillary areas, which further enhance the residential value.
Attractive yield with development potential
The property currently generates annual net cold rent of approx. €16,150. The current rent per square metre is only €4.57 and therefore has considerable adjustment potential (Breitenbrunn rent index: €5.25 to €8.00).
This yield already represents an attractive income situation based on the current letting. Additional prospects arise in particular from the existing expansion reserves in the ancillary building and possible optimisation of the existing property. The property therefore offers not only stable ongoing income, but also long-term potential for appreciation.
Living and investing in the Erzgebirge
Breitenbrunn is located in the midst of the appealing low mountain landscape of the Ore Mountains, offering a high quality of life, nature-oriented recreation and good infrastructure. Shopping facilities, schools, kindergartens, medical facilities as well as numerous leisure and sports activities are located in the surrounding area. The region is very popular with both families and those seeking relaxation and offers attractive conditions for sustainable demand for housing.
This apartment building combines solid rental income, generous land proportions and exceptional development opportunities in one property. The attractive gross rental yield of around 7.79%, the versatile outbuildings and the existing expansion reserves make this property an interesting investment with sustainable income and appreciation potential.
A rare opportunity for capital investors seeking a high-yield property with additional prospects.
Fittings and features, as described
The property comprises:
- approx. 1,824 m² plot area
- approx. 295 m² living space
- 4 rented residential units
- 2 garages, unrented
-Workshop/storage currently unrented, approx. 140m²
- 2 carports
- 2 parking spaces
- Courtyard with versatile usage possibilities
The combination of living space, usable areas and expansion potential makes this property a rare offering in the Ore Mountains.
Other
Further information about this offer will be provided to you upon request in the form of
our comprehensive exposé. However, we ask for your understanding that only complete inquiries (name, address, tel/email) can be answered.
The offer is non-binding and subject to change, prior sale reserved. Since our information is based on details provided by third parties,
no guarantee can be given for its accuracy. By submitting your inquiry,
you agree to the Telemedia Act, so that we may contact you. Please send inquiries only with the necessary contact details: name, address, telephone and email.
Incomplete inquiries cannot be processed.
We market the property on behalf of our client; no brokerage fees will be charged to you!
Frank Stabler
Real estate agent
and
Expert for the valuation of developed and undeveloped properties
according to DIN ISO 17024 and PersCert
on behalf of
VFF- Makler GmbH & Co. KG
Rostocker Straße 50
01587 Riesa
Mobile: +49 (0)178 - 8138494
Tax number: FA Meissen 209/166/08307, HR A 10586 Dresden Local Court, independent broker for insurance, financial investments and financing according to §§ 34 c,d, f and i (GewO), IHK registration D-1NEQ-L3N69-89 (§34d GewO), D-W-159-M7JM-40 (§34i GewO),D-F-159-D92G-64 (§34f GewO); general partner: VFF- Makler Verwaltungs GmbH, tax number: FA Meissen 209/166/08315 HRB 38484 Dresden Local Court, shareholders-managing directors: Mr. Karsten Hartmann, MrThomas Knigge and Mr Matthias Pabst
Location
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Location details
The municipality of Breitenbrunn/Erzgebirge is one of the most scenic residential locations in Saxony’s Erzgebirgskreis district. Nestled in the forest-rich low mountain landscape and surrounded by an impressive natural setting, the town combines peace, relaxation and a high quality of life with well-developed infrastructure in a special way.
Breitenbrunn lies in the heart of the Western Ore Mountains and enjoys an excellent reputation as a residential and recreational location thanks to its natural surroundings. The immediate area is characterized by extensive forests, gently rolling ridges and numerous hiking and cycling trails that invite residents to enjoy a wide range of leisure activities throughout the year. In winter, the region transforms into a popular winter sports area with groomed cross-country ski trails, ski touring routes and family-friendly winter sports facilities.
The municipality has very good infrastructure for everyday needs. Kindergartens, a primary school, medical facilities, pharmacies, shopping opportunities, dining options and various service businesses are located directly in the town or in the surrounding municipalities and are conveniently accessible. This makes Breitenbrunn particularly attractive for families, commuters and seniors alike.
The region’s federal roads provide good transport connections towards Schwarzenberg, Johanngeorgenstadt, Aue-Bad Schlema and Annaberg-Buchholz. The Czech border can also be reached within a short drive, providing additional shopping and leisure opportunities.
In addition to its high quality of life, Breitenbrunn also holds particular significance as an educational and healthcare location. Notable institutions include the Erzgebirgskreis Education Center, vocational schools and the Erzgebirge Clinic – Breitenbrunn Hospital, which further strengthen the location and secure numerous jobs in the region.
The municipality’s vibrant club life, cultural events and the traditional Ore Mountain craft and Christmas culture shape its social life. Numerous festivals and events create a lively sense of community and underscore the special charm of this region.
Breitenbrunn thus ideally combines living close to nature, solid infrastructure and a high recreational value. The combination of scenic beauty, good accessibility and sustainable quality of life makes the town attractive both for owner-occupiers and for investors seeking an attractive and future-proof real estate location.
