Castle on Fehmarn, building with 3 units, investment property with permission for holiday apartments, generating an annual income of €30,000.

Property Profile / Highlights:

The combination of personal use, long-term rentals, and permitted holiday rentals makes this property on Fehmarn a rare opportunity.
• €30,000 gross annual income – immediately profitable. Potential for further increases.
• 3 self-contained units with a total living area of 144 m².
• Suitable for personal use.
• Rare and unrestricted permit for holiday rentals (transferable).
• Quiet cul-de-sac with no through traffic.
• Within walking distance of the town center of Burg, approximately 1 km away.
• Carport, parking space, and south-facing balcony.
• Comprehensively modernized (2013), large south-facing balcony and dormer window (2021), impeccable construction.
• Fiber optic connection available from October 2026.

For sale is a well-maintained residential building with three self-contained units in a quiet and desirable residential area of Burg on Fehmarn. The property offers an attractive combination of personal use, long-term rentals, and holiday rentals, making it suitable for both investors and owner-occupiers with additional rental potential. A significant advantage is the existing, unlimited permit for holiday rentals, which can also be transferred to another residential unit in the house. New permits for holiday apartments are no longer being issued for Burg on Fehmarn. Therefore, the permit granted for this property is a virtually inestimable benefit and represents a considerable added value. The house was built in 1987 using solid construction methods and was extended in 1996. It underwent a comprehensive modernization in 2013. As part of the modernization, the following measures were carried out:
• New gas heating system
• New windows
• New exterior and interior doors
• Roof insulation
• New bathrooms
• New flooring
• Division into three separate residential units
In 2017, the garden was redesigned. All the paving was renewed and extended. In 2021, a dormer window and a south-facing balcony of approximately 10 m² were built for the upper-floor/holiday apartment. The house, the grounds, and the outbuildings are in excellent condition. Layout (living areas according to DIN standards):
• Ground floor apartment: approximately 82 m²
• Apartment on the upper floor: approximately 18 m²
• Holiday apartment on the upper floor: approximately [incomplete, needs a value]. 44 m²
• The attic offers additional storage space.
The ground-floor apartment is let on a long-term lease and features a spacious living and dining area, a bedroom, a storage room, a hallway, and a shower room. A terrace with a share of the garden belongs to this unit. The upper floor contains a compact apartment and a fully equipped holiday apartment with a south-facing balcony. The apartment was used by the owner as a holiday apartment that was always available. It features a bathroom with a shower and bathtub, a kitchen area, a sofa area, and custom-built fitted furniture. The second apartment on the upper floor is currently used as a holiday apartment and is fully furnished. The kitchen, with a large dining area, offers direct access to the south-facing balcony. The bedroom is furnished with custom-made furniture. The bright shower room completes the unit. The holiday apartment can be taken over, including its contents.
Revenue
The current gross income is approximately €30,000 per year, with approximately €15,000 from the long-term lease and approximately €15,000 from the holiday apartment. The holiday apartment is occupied for an average of 140-150 days per year. An increase in income to at least €35,000 is possible by adjusting the nightly rate of the holiday apartment to market prices and by more intensive use of the holiday rental.

Location:
The property is located on a quiet, dead-end street with no through traffic, in a well-established residential area of Burg on the island of Fehmarn. The surrounding area is characterized by single-family homes, primarily occupied by local residents.
The town center of Burg, with its numerous shops, restaurants, and cafes, is approximately a 10-15 minute walk away. This combination of a peaceful residential location and proximity to the town center is particularly appreciated by holiday guests.

Infrastructure:
• Market square / town center: approximately 1.0 km
• Shopping facilities: approximately 1.2 km
• Train station: approximately 1.5 km
• Burgstaaken harbor: approximately 1.5 km
• South beach: approximately 3.5 km
Supermarkets such as Edeka, Rewe, Lidl, and Aldi, as well as numerous retail stores, are open year-round.