Published on 22/09/2025 · Last checked on 11/08/2026
| Type | Living / Business House |
|---|---|
| Living Area ca. | 640 m² |
| Free From | sofort |
|---|
| Property Area | 953 m² |
|---|---|
| Construction Year | 1912 |
| Condition | Needs renovation |
| Firing Type | Gas |
| Storeys | 3 |
| Selling Price | 195.000 € |
|---|---|
| Price per m² | 304.69 €/m² |
| Courtage | no courtage for buyers |
DEPENDING ON THE PLANNED USE BY THE FUTURE OWNER, AS AN ALTERNATIVE TO PAYMENT OF THE PURCHASE PRICE, CO-OWNERSHIP OR SEPARATE OWNERSHIP OF THE SELLER (E.G. A CONDOMINIUM) MAY ALSO BE CONSIDERED.
Offered is a building ensemble in need of renovation in the “urban redevelopment area” (§ 142 BauGB) in the town centre of D-54424 Thalfang, with attractive funding opportunities. The double plot (953 sqm) contains buildings with a potential residential floor area of approx. 640 sqm (plus 85 sqm of usable floor area), which can also be expanded (through conversion / extension):
- Residential and commercial building with an urban character, built approx. 1912, residential floor area approx. 265 sqm (partly under sloping ceilings), total usable floor area approx. 320 sqm
- Old bakehouse with approx. 102 sqm of usable floor area
- Old solid barn with approx. 107 sqm of usable floor area (expandable)
- Old slaughterhouse with a solid concrete ceiling with approx. 194 sqm of usable floor area
The buildings were used as a bakery and butcher’s shop and can be restored for residential or commercial use. With the current building fabric, up to 8 apartments (including studio or loft apartments), offices or small businesses/crafts would be conceivable. There is also a small, quiet / sunny utility garden.
A main building (formerly a café) was demolished and, in the same location, a permanently drivable gravel-lawn parking area was constructed, framed by a new natural stone wall (a total of approx. 8 to 10 parking spaces on the entire property). The main building has, among other things, a natural gas connection and a new fibre-optic connection. The roofs are predominantly oriented SSW (with regard to possible solar installations).
Depending on the future use, the following financial, partly combinable funding opportunities may, among others, be considered:
-“Commercial to Residential” (KfW Programme 266), up to 30,000 EUR per newly created apartment
-Tax depreciation pursuant to §7h EStG (100% over 12 years) due to the formal classification of Thalfang’s town centre as a “redevelopment area” pursuant to § 142 of the German Building Code
-“Funding for the construction of rental apartments” with Programme 551 through ISB (Investitions- und Strukturbank Rheinland-Pfalz), with a loan interest rate of 1% p.a. and repayment subsidies of up to 35% (with 15% “own contribution”), loans of up to 2,500 EUR per sqm.
-Energy-efficiency measures funded by KfW / BAFA
-Improving quality of life in rural areas with funding through “village renewal” (Bernkastel-Wittlich District) by converting village building fabric or establishing new facilitiesjobs close to residential areas; funding amount per individual project of up to 35%
-EU LEADER funding through “LAG Erbeskopf” for the further development of rural areas in Europe
Together with the historic building fabric (formerly featuring high-quality fittings), the funding opportunities listed above create an interesting investment property despite, or because of, the need for renovation. Given the size of the plot and its shell-like condition, there is sufficient scope for design with regard to its future use and energy efficiency.
Based on Section 190 of the German Valuation Act (BewG), an asset value of EUR 365,000 was determined (as a guideline value)—deviating from the asking price of EUR 195,000 (negotiable).
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The property is located in the climatic spa and tourist town of D-54424 Thalfang (approx. 1,900 inhabitants), a regional quasi-central location in the Hunsrück:
-Located at approx. 450 m above sea level and, for example, approx. 3 to 5 degrees cooler than Trier in summer (with regard to climate change)
-Extremely low vacancy rate, with rents of approximately EUR 8 to 10 per sq m
-Approx. 25 minutes’ driving time by car to Trier, 10 minutes to Hermeskeil / Morbach
-Approx. 35 minutes’ driving time by car to Luxembourg / 50 minutes to Findel Airport and approx. 25 minutes to Hahn Airport
-Approximately 40 minutes’ travel time by bus to Trier every hour (Line 800: Trier Central Station – Idar-Oberstein Station (connection to the Saarbrücken – Mainz – Frankfurt railway line))
-At least every two hours, approx. 33 minutes by bus to Hermeskeil or 23 minutes to Morbach on Line 380
-Approx. 20 minutes by car to the Moselle
-The town has 3 supermarkets, a petrol station, restaurants, kindergartens, a primary school and Realschule-plus, an emergency response station, fire brigade, pharmacy, doctors, 2 banks, physiotherapists, veterinarians, 2 churches, a swimming pool and health centre, fitness studio, tennis and football pitches, car repair workshops, etc..
