Investment property >6% yield. Multi-family house with further development potential, approximately 350 m2.

The current base rent is approximately €43,000 per year. After renovation, a vacant apartment will increase the base rent to around €50,000. Please note: the commercial unit (approximately 55 m²) is not included in the stated living area. This multi-family building (likely built around 1900, with an extension probably added around 1990), comprising five residential units and one commercial unit that is currently rented, represents an attractive investment opportunity with existing cash flow and significant development potential. Currently, four apartments are rented, and one unit is vacant (one of which will be available from February). The current annual base rent is approximately €43,000, already providing a solid base return. A key highlight for investors is the estimated development potential of approximately 350 m², which – subject to obtaining the necessary permits – could enable the creation of additional residential units, leading to a significant increase in rental income and the property's value. The property is ideally suited for buy-and-hold strategies with a focus on long-term cash flow, as well as for fix-and-flip concepts with a clear exit strategy. Through targeted renovation and optimization measures, the existing potential for returns can be realized in the short term and expanded in the long term. The building's structural condition is generally sound, and in some cases, it is possible to move in immediately; however, renovation work is required, which offers active investors the opportunity to create value. Some of the windows are made of plastic with double glazing, while others are made of wood. The heating system was renewed in 2018 and provides a solid technical foundation. The floor plans shown in the images are for illustrative purposes only and are not binding. Overall, this is a property with significant potential for growth, generating current income, with vacant spaces that can be immediately optimized, and considerable potential for expansion – ideal for investors with a long-term vision.

The property is centrally located in Markt Rettenbach (87733). All facilities for daily needs such as a bakery, butcher, grocery store, doctor, bank, kindergarten and a bus stop are within easy walking distance.

At the same time, you can be in the countryside in just a few minutes and enjoy the peaceful, rural surroundings of the Allgäu.

The proximity to Ottobeuren and the location between Kempten, Memmingen and Mindelheim make the location particularly attractive. The A96 highway can be reached quickly and provides good regional and national connections.

The house is south-facing with its balconies and therefore offers plenty of sun and a pleasant living atmosphere.