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812 m² living space in prime location: residential project with 11 units in BN-AW-Zentrum (building permit granted)

Ahrstr. 3, 53474 Bad Neuenahr-Ahrweiler (Bad Neuenahr) – Rheinland-Pfalz
650.000 €
415 m²
Plot Area
Plot
Living

Secure a 10% depreciation allowance now: 5% special depreciation according to § 7b EstG and 5% declining balance depreciation! This offer includes a developed urban plot with a fully planned new construction project. Located in the heart of Bad Neuenahr (just a few steps from the Lindeplatz), a multi-family building with eleven apartments has been planned. Currently, there are two older single-family homes (existing structures) on the property that are intended to be demolished to make way for the new construction. The building permit has already been granted, so construction can begin promptly – eliminating the time-consuming planning process for the investor. Upon request, the renowned project architect (who has already successfully completed a residential building with 23 apartments and an underground garage in the immediate vicinity) is available for the subsequent project phases (LP 5-8). The design features a modern, high-quality architecture that optimally utilizes the urban plot. A total of 11 attractive apartments will be built across four full floors plus a rooftop level. The ground floor includes a covered parking area – a comfortable and valuable amenity in this location, providing parking spaces for residents. The two penthouse apartments on the top floor are particularly noteworthy, each featuring a spacious balcony or a rooftop terrace. These exclusive units offer panoramic views and ample outdoor space – a true highlight for future residents. The apartments on the lower floors are also impressive, with well-designed layouts and outdoor seating areas. There are three apartments planned per standard floor (1st to 3rd floors), consisting of approximately 2-room, 3-room, and 4-room apartments per floor, with living areas of approximately 54 m², 72 m², and 88–90 m², respectively. All apartments will have a balcony, and the penthouse apartments on the top floor will have a spacious rooftop terrace of up to 20 m². The apartments benefit from a predominantly bright south/west orientation (detailed exposure analysis can be found in the planning documents). An elevator is planned to serve all floors, from the basement to the parking level and up to the penthouse level, reflecting the high-end nature of the location. Overall, a desirable residential complex is being created, suitable for a variety of target groups (singles, couples, families, seniors), which will enhance the rental potential of each unit and blend harmoniously into the existing urban landscape. In response to the devastating floods in the Ahr Valley in 2021, the design of this building prioritizes flood resilience. The ground floor is intentionally designed as an open parking area, while all living spaces are located above the first floor. This thoughtful arrangement protects valuable residential property from potential flood damage and also meets modern requirements for sustainable and forward-thinking urban development. Key details about the property:

* Location: Ahrstr. 3, Bad Neuenahr, approximately 50 meters from the "Platz an der Linde" (prime location)
* Land: Approximately 415 m² (urban area; land value ~€900/m²)
* Project: Multi-family building with 11 residential units and an underground parking garage (including demolition of the existing structure – building permit ready for new construction)
* Total living space: Approximately 818 m² (according to the building application)
* Residential units: 2- to 4-room apartments (approximately 54–90 m²) + 2 penthouse apartments (each with a large rooftop terrace)
* Parking spaces: Approximately 11 parking spaces in a covered parking level on the ground floor (for all units)
* Building permit: Granted
* Purchase price (project offer): €650,000 (available for sale immediately)

Are you interested in this offer?

Object Number
OM-374813
Object Class
Plot
Object Type
Living
Handover from
By arrangement

Purchase price & additional costs

purchase price
650.000 €
Purchase additional costs
approx. 41,086 €
Total costs
approx. 691,085 €

Details

Development status
Fully developed
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

A new living space in the heart of the spa town – safe, modern, and forward-looking! The district of Bad Neuenahr is part of the town of Bad Neuenahr-Ahrweiler, and while it gained national attention due to the devastating flood disaster of 2021, it has always enjoyed an excellent reputation as a spa and health resort with a high quality of life. The events of 2021 led to an unprecedented effort – with the goal not just to rebuild, but to create a new, better urban landscape. The town has responded impressively, using the reconstruction as an opportunity for sustainable, safe, and modern urban development. Today, Bad Neuenahr-Ahrweiler is considered a prime example of successful reconstruction, which is still ongoing, but which will soon restore the town to its former glory. The entire urban infrastructure – from roads and utilities to public spaces and cultural institutions – is being renewed, upgraded, and designed to be future-proof. The project benefits directly from this development: the Kurpark, one of the city's most beautiful and historic green spaces, and the Ahr river are both just a 5-minute walk away. This creates a completely new sense of living around the property, characterized by high-quality architecture, a pleasant living environment, and the knowledge that you are living in a city that combines recreation and progress. The property is located in a prime location, right in the center of Bad Neuenahr, just about 50 meters from the popular "Platz an der Linde" square. This central location offers future residents easy access to all essential amenities: shops, supermarkets, bakeries, pharmacies, as well as doctors and banks are all within close proximity. The pedestrian zone and the spa promenade are easily accessible on foot, as is the thermal bath, which is currently being rebuilt, along with the Kurpark and numerous cafes and restaurants that invite you to relax. The Bad Neuenahr district offers excellent infrastructure: the train station and bus connections are also easily accessible within a few minutes' walk, and the A61/B9 motorway provides good connections to the Rhineland (Cologne/Bonn) and the region around Koblenz. The area also has a lot to offer in terms of scenery and culture – the picturesque Ahr Valley with its vineyards, hiking trails, and the Ahr promenade is practically on your doorstep. "Platz an der Linde" itself is a small square with a historic linden tree, which serves as a meeting place and gives the neighborhood its charm. The combination of urban living and a high quality of life makes this location particularly attractive to discerning residents. For investors and developers, the location offers stability and rental security: apartments in the center of Bad Neuenahr are highly sought after, both by owner-occupiers (e.g., seniors from the region who want to live centrally) and by tenants (e.g., staff from nearby clinics/companies, temporary visitors, etc.). The property is NOT located in a flood zone officially designated by the SGD Nord. Even during the flood events in 2021, the existing buildings on the property were only affected in the basement area, but not on the ground floor, because although the property is relatively close (300-400 meters as the crow flies) to the Ahr river, it is not directly adjacent to it. Combined with the urban planning and infrastructure improvements in the region, this creates a valuable and well-designed residential project with a focus on the future.

Location Check

Health
100m
Nature
400m
Eating Out
50m
Shopping
50m
Child Friendliness
300m
Sports
450m
Culture
300m
Nightlife
50m
Public Transport
200m

Miscellaneous

This project is aimed at investors with substantial capital and a long-term "buy-and-hold" strategy – such as family offices, foundations, or private asset managers – who are seeking a sustainable asset with stable returns. The new construction project is explicitly not designed as a short-term "build-and-sell" model, but rather as a stable asset with long-term rental potential. Thanks to current tax incentives (§ 7b EStG) and the excellent micro-location, this investment offers outstanding prospects for income-oriented investors. The construction and related costs – including demolition, landscaping, and all cost categories – are realistically estimated to be between €2.5 and €3.5 million, depending on the specific design. The purchase price for the inner-city property is to be considered separately, and the project planning is complete. Due to the advanced stage of the planning process, construction can begin shortly after approval, which offers time and cost advantages. The expected rental income for this high-quality, newly constructed property (approximately €14/m² cold rent) results in an annual target of approximately €137,000, plus. Parking space rentals. In addition, investors benefit from the special depreciation allowance under Section 7b of the German Income Tax Act (EStG): Up to 28% of the construction costs can be claimed as a tax deduction in the first four years, in addition to the standard linear depreciation – a significant lever for increasing the post-tax return. Furthermore, an attractive funding framework offers the possibility of implementing the project, either fully or partially, within the framework of social housing construction. This allows for optional implementation as a project within the subsidized housing sector. In this case, attractive repayment subsidies of up to 40% of the eligible costs can be granted directly after completion, as well as, additionally, favorable loans in a second-tier position from the Rhineland-Palatinate Investment and Development Bank (ISB). We are happy to provide detailed documentation and economic data to those seriously interested. Real estate agent inquiries are expressly not welcome.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: pAHRtners real estate GmbH & Co. KG