Value-retaining investment in a historic building with two apartments and a commercial unit – Photo 1

Value-retaining investment in a historic building with two apartments and a commercial unit

The advertiser will give you the exact address on request.24146 KielSchleswig-Holstein
Purchase price
560.000 €
Living area
143 m²
Rooms
10,5
TraumImmo ID: VMGJ3YG
Partner ID: 480700873

Published on 11/08/2026 · Last checked on 01/10/2026

Advertiser:
RegionalImmobilien24

Key facts

Living area approx.143 m²
Rooms10,5
Balcony

Plot area914 m²
Usable floor area239 m²

Purchase price & costs

Purchase price560.000 €
Price per m²3,916.08 €/m²
Commission3,57% (3,57 % inklusive gesetzlicher Mehrwertsteuer)

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About this investment property

This representative urban villa dating from 1908 combines the charm of historic architecture with the advantages of a sustainable investment. The harmoniously structured façade, the distinctive entrance and the balanced proportions alone give the building a special character and clearly set it apart from a classic apartment building.

The approximately 914 m² plot contains a physiotherapy practice on the ground floor, rented on a long-term basis, two rented apartments on the upper floors, two garages and generous basement areas. The combination of an established tenant structure, well-maintained building fabric and attractive development opportunities makes this property a rare opportunity for investors with a long-term investment horizon.

The history of the house has been documented in an architecturally and historically traceable manner over many decades. Originally built as a residential villa, the building was carefully developed further over time and adapted to the respective requirements without losing its architectural character. The current use combines the special charm of a historic villa with economically sustainable letting.  

The property is also in well-maintained technical condition. The gas condensing heating system was installed in 2006. Nearly all of the uPVC insulating-glass windows were replaced between 2009 and 2021. Additional measures included insulating the basement ceiling and installing façade insulation on the south side. Continuous modernization and maintenance provide a solid basis for a long-term investment that retains its value. 

The current annual net cold rent amounts to €22,260. At the same time, the property already offers specific potential for rent increases and appreciation. An indexed rent was agreed for the apartment on the 1st upper floor as early as 2017, but has not yet been adjusted. This gives the purchaser the opportunity to make a short-term rent adjustment in line with the development of the consumer price index. The attic apartment was also rented under an indexed rent agreement and will enable inflation-oriented rent development in the future. In addition, contractual rent increases have already been agreed for the physiotherapy practice.   

The physiotherapy practice is rented until 30.11.2030, initially ensuring the purchaser long-term secured rental income. After expiry of the fixed term At the same time, this opens up a high degree of flexibility. Whether continuing the commercial use, using it yourself, or examining a conversion back to residential use – the existing floor plan structure and the original use as a residential villa offer interesting prospects for this. Any approval that may be required must be coordinated by the purchaser with the competent building supervisory authority.

Historic villas with well-maintained substance, a comprehensible construction history and existing development potential are among the properties that consistently enjoy high demand. It is precisely this combination of architectural character, secured rental income and long-term flexibility that makes this property an exceptional investment.


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Advertiser:
RegionalImmobilien24
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