High-yield vacation apartments/houses or multi-generational living - various possibilities

For sale here is a well-established and high-yielding property with various possible uses. As the property is fully furnished (furniture, household items, operating equipment, etc.) and has an attractive internet presence, a solid number of repeat and regular customers from all age groups and very good ratings on the rental market, you could move straight in and take off - if it is not to be used for other purposes. Depending on the desired use, the property can also be handed over completely unfurnished.

You can get an overall impression on our website: www.heideträume.de

As we are selling this beautiful property as the owner, it is free of brokerage fees for the buyer. There is a valuation basis according to both the asset value and income capitalization methods.

It should be mentioned here that Lüneburger Heide GmbH recorded an increase of 1.5 percent to 6.176 million overnight stays for the first time in the 2024 financial year. There is talk of an "all-time high" (i.e. unprecedented). This includes not only the period between the popular months of May and October, but also the winter season, which has picked up again. It is also the third year in a row in which the region has improved on its previous year's result.

This special property with 6 apartments of different sizes was built in 1969 in conventional construction on a 1,500 m² plot in an idyllic location in Undeloh right next to the nature reserve and underwent a comprehensive core renovation from 2016 to 2018, resulting in the fictitious year of construction 2005. The red facing brickwork in combination with the slate-grey window elements and the grey wooden extensions (built in 2018) as well as the bungalow extension (built in 2022) with its dark stone characterize the first impression and convey a modern overall picture!

The property offers various possible uses:

1. it can be operated as a whole - as before - as a rental of vacation flats/apartments/houses, both commercially and as a rental and leasing business (private asset management).
2. the houses and the bungalow extension can each be sold separately and used as owner-occupied homes and/or rentals, or there is the possibility of multi-generational living.
3. the individual apartments can each be sold separately and divided into condominiums (WEG). The necessary requirements with regard to supply lines/storage areas etc. have already been taken into account and prepared during the core refurbishment.

Please refer to the floor plans for the layout of the apartments.

The outbuildings extend the available space and include the storage buildings for bicycles and garden tools, which were built in 2019 from wood and painted gray. The garage, which was converted into a check-in in 2019, is equipped with a small kitchenette and a WC. The house on the right has a full basement and offers plenty of space for storage. There is a laundry room with 6 connections for washing machines and tumble dryers. The heating and technical room is also located there. The parking spaces for the individual apartments are located at the front of the property.

Due to the comprehensive core renovation, this property is in a visually and technically perfect condition. The building fabric and furnishings of the house meet today's standards.

This property is located in Undeloh, one of the popular heath villages with a rural idyll in the Lüneburg Heath Nature Park and, despite its proximity to the town center, is in a quiet residential area with mature neighborhood development in a traffic-calmed 30 km/h cul-de-sac opposite the nature reserve. From here you can walk directly onto the hiking trail and reach the heath area in about 5 minutes on foot. The perfect location for active nature lovers.

The corner plot covers 1,500 m² and was laid out in 2018 with a large lawn area and border and front garden planting and is overgrown with a very beautiful old hornbeam hedge on the side facing the road and with a yew hedge planted in 2019 to the two neighboring properties.

Shopping facilities and schools are located 7 km away in Egestorf and 10 km away in Hanstedt. Hamburg can be reached in approx. 45 minutes via the A 7 highway. Undeloh is part of the Hamburg Transport Association (HVV) and is served by bus routes. There are school buses and Undeloh is also connected to a total of six bus routes via the free Heide Shuttle with trailer for bicycle transport, which generally runs from 3 July to 3 October.