Investment opportunity: Property in the old town of Stade, directly on the Schwinge canal, comprising 11 apartments.

The building was constructed around 1900 and underwent a comprehensive renovation and structural reinforcement in 1984. It is located on a plot of land in the historic center of Stade, directly on the Fleet river, with a total area of 310 square meters and a built-up area of 214 square meters. The building has been in family ownership since 2007 and has been continuously renovated. This includes the installation of 8 new bathrooms and 8 new fitted kitchens with appliances, renovation of the entire facade, a new gas central heating system, and other improvements detailed in the property brochure as a timeline. According to the WoFIV (property valuation) report from September 2022, the total living area is 584.85 square meters. The building contains a total of 11 residential units, one of which is furnished and has a separate entrance. All residential units also have a basement or attic storage space. Additionally, there is a secure area on the property where bicycles can be stored. Six apartments have balconies facing south, offering beautiful views of the surrounding historic center and the adjacent Fleet river. One apartment on the ground floor has a large terrace. The building currently generates a net cold monthly rent of €6,095.50. Further information and details are available in the property brochure. If you are interested, please feel free to contact us, and we will send you the brochure by email. This is a private sale by an architect; we kindly request that real estate agents refrain from contacting us or offering their services. The property is being sold exclusively by the owner. To potential buyers: Because this is a private sale without the involvement of a real estate agent, you will save on the agent's commission, which typically reduces the buyer's additional purchase costs by approximately 6%.

Bungenstraße 19 is located in the heart of the historic city center of Stade, a Hanseatic city: an older building directly on the Fleet canal, surrounded by listed half-timbered facades, winding streets, and the unique atmosphere of one of the best-preserved old towns in Northern Germany. Investing here means acquiring not just square meters, but a share in an urban gem that is virtually impossible to replicate in its entirety. The location: directly on the Fleet canal.

The Fleet canal is the quiet soul of Stade's old town. This historic waterway runs through the city center, connecting Hanseatic architecture with maritime charm – a unique feature that clearly distinguishes Stade from comparable mid-sized cities. A property with direct access to the Fleet canal in the old town is rare; consequently, its appeal to tenants who appreciate the character and quality of life offered by such a special address is consistently high. The short walking distance to the city center, cafes, restaurants, markets, and cultural institutions further enhances the location – it's hard to find a place that is both so central and so quiet in Stade. Stade as an investment location. Stade offers a unique combination of historical urban structure and modern quality of life. The old town, with its half-timbered houses, small squares, and vibrant retail scene, creates an urban atmosphere that fosters long-term resident loyalty. Cafés, boutiques, cultural events such as the traditional Christmas market and the Hanse Festival, and museums like the Schwedenspeicher contribute to a city life that extends far beyond what a typical mid-sized town offers. Particularly relevant for investors: Stade directly benefits from its proximity to Hamburg. The S-Bahn line S3 provides direct connections between the two cities, while the A26 motorway and the federal highways 73 and 74 make Stade easily accessible by road. This is increasingly attracting commuters who prefer the quality of life and price levels of a Hanseatic city to the hustle and bustle of Hamburg – a demand structure that minimizes vacancy risks and promotes stable rental yields. Consequently, the real estate market in Stade's old town exhibits consistently stable growth. Since acquiring the property, there has virtually been no vacancy in the building. Re-letting units is extremely straightforward due to consistently high demand, which is further amplified by a shortage of housing. Those seeking relaxation will find it right outside their doorstep: The former city moat surrounding the old town invites leisurely walks and relaxation, traditional boats navigate the historic waterways, and the "Altes Land" – Germany's largest contiguous fruit-growing region – is easily accessible within minutes. Why this property? Historic buildings directly on the Stader Fleet, with proximity to the city center, rarely become available. The established building structure, the urban planning-protected location, and the sustained demand from commuters, city lovers, and culturally aware tenants make this property a capital investment with a long-term perspective. Properties in the old town of Stade are in high demand from both owner-occupiers and investors.