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Refurbished apartment building with 8 residential units / apartments in Oberwesel
Mühlenweg 12, 55430 Oberwesel (Dellhofen) – Rheinland-PfalzModernized apartment building with 8 residential units in Oberwesel-Dellhofen
Ideal for investors, vacation rentals or mixed concepts
A completely refurbished apartment building with eight modern, self-contained residential units is for sale in the Oberwesel district of Dellhofen, just 4 km from the Rhine and the city center.
The property was extensively modernized in 2025 and equipped to a high standard - from electrics and heating to bathrooms, windows and floor coverings. A permit for short-term rentals is available, which means that the property can be used flexibly for fitters' accommodation, vacation guests or classic long-term tenants.
Around €6,000 per month is currently generated by letting to fitters; three units are currently available for letting to long-term tenants. One apartment is rented permanently to a cleaner who takes care of the maintenance and upkeep of the property. She pays a monthly rent of € 1,000.
Income and utilization opportunities
1. fitter rental (currently operated)
Already fully equipped for short-term rentals.
Rental income achievable: approx. € 9,000 per month at full occupancy (20 beds at approx. € 15 per day).
2. vacation rental / mixed concept
The proximity to the Loreley and the UNESCO World Heritage Upper Middle Rhine Valley opens up strong tourist potential.
With high-quality furnishings, whirlpools and balconies, a premium segment can be served.
Daily prices of €100 - €150 per unit are normal for the market.
3. classic long-term rental
Long-term net cold rents of approx. 600 - 650 € per apartment are realistic.
Total income: around € 5,000 per month when fully let.
The existing tenant (cleaner) also ensures a permanent operating advantage for the maintenance and care of the property on site.
Are you interested in this house?
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Object Number
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OM-405301
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Object Class
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House
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Object Type
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Multi-family house
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Is occupied
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Occupied
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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819.000 €
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Purchase additional costs
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approx. 51,278 €
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Total costs
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approx. 870,278 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 2,998€
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Details
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Condition
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As good as new
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Number of floors
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2
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Usable area
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150 m²
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Bathrooms (number)
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8
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Bedrooms (number)
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10
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Number of garages
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5
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Number of parking lots
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8
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Flooring
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Tiles
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Heating
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Central heating
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Year of construction
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1980
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Equipment
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Balcony, Terrace, Garden, Basement, Full bath, Shower bath, Sauna, Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Public transport
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Information on equipment
Facilities & highlights
-8 fully furnished accommodation units, each with separate entrance and electricity meter
-Approx. 20 beds with current full furnishings
-5 balconies/terraces with views of the countryside
-Large garden area for communal use
-5 garages with direct access
-5 Jacuzzis already installed
-Preparation for up to 3 saunas
-Oil central heating, hot water via instantaneous water heater
Each apartment has been fitted with high-quality kitchens, modern bathrooms, fine plaster and uniform tiles. The furnishings were lavishly fitted - with an investment volume of around €15,000 per unit.
Refurbishment measures (completed in 2025)
-Renewed electrics and windows
-Completely new bathrooms and floor coverings
-Modern concrete staircase
-Insulation of the attic
-Redesigned room layout
-High-quality interior fittings with fine plaster instead of wallpaper
Location
Location
Dellhofen is a quiet district of Oberwesel on the Middle Rhine, a popular tourist region with excellent demand from vacationers, hikers and professionals.
Good accessibility, intact infrastructure and the proximity to the Loreley, Rhine and Middle Rhine Valley make the location attractive for various target groups.
Location Check
Energy
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Main energy source
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Oil
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Miscellaneous
Topic portals
Send a message directly to the seller
Questions about this house? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Christian Pankratz
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