Owning a home without significant equity.

Attractive multi-family house with 8 apartments, a large plot of land, a solar power system, a sauna, and further development potential.
Purchase price: €480,000
For sale is a well-maintained multi-family house with 8 apartments, situated on a generous plot of land with mature trees and a large pond. This property offers an excellent opportunity for both investors and owner-occupiers to combine living with wealth building. A particular highlight is that a spacious apartment with a large terrace is immediately available. This allows you to move in yourself while simultaneously benefiting from the rental income of the other apartments. Key features of the property:
* Multi-family house with 8 apartments
* Large apartment with terrace available immediately
* Current rental income: approximately €2,500 per month (plus). Utilities:
Large common area for family celebrations, parties, or gatherings.
Sauna area in the basement.
Large property with beautiful trees and an idyllic pond.
Potential for development with an additional residential building (subject to official approval).
Hybrid heating system (heat pump + gas) installed in 2022.
17 kWp photovoltaic system to support electricity and heating.
Windows with double and triple glazing.
Energy and Technology:
The property has been energetically modernized in recent years. In 2022, the heating system was converted to a modern hybrid system using a heat pump and gas heating. In addition, a 17 kWp photovoltaic system supports the energy supply and helps to reduce ongoing energy costs. The existing windows with double and triple glazing also contribute to good energy efficiency.
Land with Development Potential:
The spacious property not only impresses with its well-maintained trees and large pond, but also offers the potential for further development (subject to a legal assessment and approval). This opens up further potential for long-term value appreciation and development. Interesting financing example:
Purchase price: €480,000
Example calculation (non-binding):
Purchase price: €480,000
Equity: €80,000
Financing amount: €400,000
Interest rate: approximately 3.5%
Initial amortization: 2.0%
Monthly loan payment: approximately €1,833
In contrast, the property already generates rental income of approximately €2,500 per month (plus operating costs). This means that the ongoing rental income can completely cover the monthly financing costs in this example, and even generate a surplus of approximately €670 per month, before considering maintenance, administration, vacancy periods, or reserves. At the same time, you can live in the separate apartment with a large terrace and build long-term wealth through the loan amortization. Conclusion:
This property combines numerous advantages:
Move in immediately or continue renting it out.
Ongoing rental income supports the financing.
Energy-efficiently renovated.
Spacious communal areas with a sauna and lounge.
Dreamlike property with a pond and mature trees.
Potential for further development in the future.
A rare opportunity for owner-occupiers, multi-generational living, or investors looking for long-term value appreciation.

The property is located at Breitfeld 3, 94089 Altreichenau, a state-recognized resort town in the municipality of Neureichenau, in the Freyung-Grafenau district of Lower Bavaria – nestled in the heart of the beautiful Bavarian Forest and in the attractive tri-border area of Germany, Austria, and the Czech Republic. The region is characterized by its high quality of life, impressive natural landscape, and numerous leisure activities. In Altreichenau and Neureichenau, you will find everything you need for daily life. Shopping facilities, bakeries, doctors, dentists, pharmacies, kindergartens, schools, restaurants, and other service providers are located nearby, ensuring short commutes in everyday life. Just a few minutes away by car is the vibrant town of Waldkirchen, the economic and cultural center of southern Bavaria. Here, you will find a wide range of shopping options, supermarkets, specialty stores, doctors, schools, kindergartens, restaurants, and cafes. In addition to its natural beauty, Waldkirchen offers a wide range of leisure and sports facilities, including the Karoli water park, an ice skating rink, golf courses, and a diverse cultural and event program. The location is ideal for nature lovers and those seeking relaxation. Numerous hiking and cycling trails begin right outside your doorstep, surrounding the Dreisesselberg mountain, the Goldsteig trail, and the Bavarian Forest National Park. In the winter, you can enjoy well-groomed cross-country skiing trails, ski slopes, and winter hiking paths – a paradise for those who want to enjoy nature in all seasons. Another major advantage is the proximity to two neighboring countries. Both Austria and the Czech Republic are easily accessible in just a few minutes, offering a variety of excursions, shopping opportunities, and cultural experiences. The cities of Passau, Linz, and Český Krumlov (Krumau) are popular destinations and further enhance the already high quality of life in this unique location. The combination of peaceful living in a green environment, excellent local amenities, proximity to the town of Waldkirchen, and the unique location at the tri-border area makes this property particularly attractive, both for those seeking a home and for investors. Furthermore, the region has been a popular travel destination for many years, offering excellent future prospects.