| Plot area | 2300 m² |
|---|---|
| Usable floor area | 1275 m² |
| Purchase price | 200.000 € |
|---|---|
| Commission | 1,99% (1,99 % inkl. MwSt.) |
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 assumptionsFor sale is the former head building of a glassworks in Carlsfeld, a district of the mountain town of Eibenstock. The building, constructed in 1977, was originally used for the glassworks’ operational purposes and has been vacant since this use was discontinued.
The solid reinforced-concrete building has three above-ground floors and a basement, offering a total of approximately 1,275 m² of usable space. Of this, approximately 975 m² are on the above-ground floors and approximately 300 m² in the basement. The plot to be assigned to the building in future is to be surveyed as part of a subdivision, with an expected size of approximately 2,300 m².
The property is characterized by a solid basic structure, generous room layouts and large window areas. Due to the largely freely redesignable interior, the building offers interesting conditions for a comprehensive repositioning.
We consider conversion for residential purposes to be a particularly interesting development prospect. For example, the creation of several rental or owner-occupied apartments is conceivable. This gives a project developer both the opportunity for long-term retention in the portfolio and for subsequent subdivision and individual sale.
Other usage concepts also remain possible, subject to the respective public-law approvals. A specific change of use or number of future residential units is not part of the sale and must be examined by the purchaser as part of their own project planning.
Funding and development opportunities when converting to residential use
There are currently interesting public funding opportunities for converting buildings previously not used for residential purposes. For example, the KfW “Commercial to Residential” program (266) currently supports the conversion of non-residential buildings and areas into housing with a grant of up to €30,000 per newly created residential unit, up to a total of €300,000 per project. This is subject to fulfillment of the program-specific conditions and the required planning-law admissibility.
Additional funding opportunities for energy-efficient renovation may be available through the Federal Funding for Efficient Buildings. Under KfW Program 261, promotional loans of up to €150,000 per residential unit are currently possible if the relevant requirements are met. KfW expressly bases this on the number of residential units after renovation; corresponding regulations also apply to certain changes of use of non-residential areas.
If interested, contact can be established with specialized, nationwide providers of funding, planning and financing services who can support corresponding projects from the preliminary assessment and application for funding through to energy-related technical planning and construction supervision.
All information regarding possible future uses and funding does not constitute a guarantee. Eligibility for funding, financing, change of use, the number and design of possible residential units, as well as approval under public law, must be examined by the purchaser on a project-specific basis.
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