Refurbishment property with attractive funding opportunities

For sale is a property complex in need of renovation, located in a "urban redevelopment area" (§ 142 BauGB) in the town center of D-54424 Thalfang, with attractive funding opportunities available. The double plot (953 square meters) includes buildings with a potential living area of approximately 640 square meters (plus 85 square meters of usable space), which can also be expanded (through conversion or extension):
- A residential and commercial building with a town-like character, built around 1912, with a living area of approximately 265 square meters (partially under the roof), and a total usable area of approximately 320 square meters.
- An old bakery with approximately 102 square meters of usable space.
- An old, solid barn with approximately 107 square meters of usable space (expandable).
- An old slaughterhouse with a solid concrete roof, with approximately 194 square meters of usable space.

The buildings were previously used as a bakery and butcher shop and can be restored for residential or commercial use. With the current building structure, it would be possible to create up to 8 apartments (including studio or loft apartments), offices, or small businesses/craft workshops. In addition, there is a small, quiet, and sunny garden. A main building (formerly a café) was demolished, and in its place, a permanent gravel parking area was constructed, enclosed by a new natural stone wall (approximately 8 to 10 parking spaces in total on the property). The main building has, among other things, a natural gas connection and a new fiber optic connection. The roof orientation is predominantly southwest (regarding potential solar panel installations). Depending on the future use, various financial support options, which can sometimes be combined, may be available, including:
- "Strong Country – innovative, resilient, sustainable" in Rhineland-Palatinate for measures to revitalize town and village centers; grant rate between 40% and 70%.
- "Commercial to Residential" (KfW program 266), up to 30,000 EUR per newly created apartment.
- Tax depreciation according to §7h EStG (100% within 12 years) due to the formal classification of the Thalfanger town center as a "redevelopment area" according to § 142 of the Building Code.
- "Support for the construction of rental apartments" with program 551 through ISB (Investment and Structural Bank of Rhineland-Palatinate) with an interest rate of 1% per annum and repayment subsidies of up to 35% (with a 15% "own contribution"), loans up to 2,500 EUR per square meter. - Energy-saving measures supported by KfW / BAFA.
- Improving the quality of life in rural areas through the "Village Renewal" program (Bernkastel-Wittlich district), which provides funding for the repurposing of existing buildings in villages or the creation of workplaces near residential areas. The level of funding for each individual project can be up to 35%.
- EU LEADER funding provided by "LAG Erbeskopf" to further develop rural areas in Europe.

The property is located in the resort town of D-54424 Thalfang (approximately 1,900 inhabitants), a regional center in the Hunsrück region:
- It is situated at an altitude of approximately 450 meters above sea level and, for example, is about 3 to 5 degrees Celsius cooler in the summer than Trier (an important factor considering climate change).
- The vacancy rate is extremely low, with rents of approximately 8 to 10 EUR per square meter.
- It is about a 25-minute drive to Trier, 10 minutes to Hermeskeil/Morbach.
- It is about a 35-minute drive to Luxembourg, 50 minutes to Findel Airport, and approximately 25 minutes to Hahn Airport.
- There is a bus service to Trier (main station) every hour, taking approximately 40 minutes (line 800: Trier Hauptbahnhof – Idar-Oberstein Bahnhof, connecting to the Saarbrücken – Mainz – Frankfurt railway line).
- There is a bus service to Hermeskeil or Morbach every two hours, taking approximately 33 minutes (to Hermeskeil) or 23 minutes (to Morbach) using line 380.
- It is about a 20-minute drive to the Moselle River.
- The town offers 3 supermarkets, a gas station, restaurants, kindergartens, a primary school, a secondary school, a fire station, a volunteer fire department, a pharmacy, doctors, 2 banks, physiotherapists, veterinarians, 2 churches, a swimming pool and a health center, a fitness studio, tennis and soccer fields, car repair shops, etc.