Rügen HOLIDAY HOME CO-OWNERSHIP SHARE: from just 125,000.-

Information

Selling Price & Extra Costs

About this dream house

Property Description

shared joy = much more joy!
Plot: 685 sq m
Land value: EUR 240.- per square metre
Market value according to expert valuation: 420,000.-
Purchase price for sole ownership of the entire property: 375,000.-
As an alternative to selling the property as a whole, a "HALF co-ownership share" is offered at a price of 187,500.-.
Alternatively (and even preferably), a THIRD-PARTNERSHIP is also conceivable at just 125,000.- each.
For all these options, it is envisaged that the holiday home will be used exclusively by one of the co-owners at a time, during different periods. The periods of use will be coordinated jointly, flexibly and by mutual agreement among the co-owners (see also the enclosed non-binding draft usage agreement).
Each co-owner will therefore use the house exclusively and entirely for themselves during their respective period. Use is intended exclusively for the co-owners and their relatives; no tourist letting to third parties.
The co-ownership and a mutual right of first refusal will be secured by corresponding entries in the land register.
Operating costs, maintenance measures and investments will be borne equally by the co-owners.
Due to our own varied schedule and the geographical distance (Upper Bavaria is the “centre of our absence”), we unfortunately use our holiday home far too rarely ourselves.
Therefore, retaining a HALF or third share fully meets our usage requirements, and in this way we are offering further co-owners the opportunity to fulfil their dream of owning a holiday home on the island of Rügen.

Location