Multi-family house with 9 apartments, fully rented, located in Malente.

The property is a multi-unit residential building, either single-story (with a ground-floor apartment) or two-story, situated on a well-maintained plot of 1,602 square meters in Bad Malente. It was built in 1972 and completely renovated and converted into a residential building with 9 apartments in 2016/2017. This includes 2 apartments with 3 rooms, 6 apartments with 2 rooms, and a ground-floor apartment with 4 rooms. The apartment sizes range from 45 square meters to 75 square meters, with the ground-floor apartment being 83 square meters. Three of the apartments each have a terrace or balcony (see attached floor plans). In addition, a well-designed garden is available for the tenants. The property's rental potential is excellent due to its central location and the layout of the apartments. There have been virtually no vacancies in the last 10 years, and there has been low tenant turnover. Two former flat roofs have been replaced with timber-framed roofs (15 degrees) with trapezoidal metal profiles. Five carports and two garden sheds have been newly installed on the property. All windows and exterior doors have been replaced with new ones featuring thermal insulation glass. The bathrooms in the apartments have all been completely renovated and include showers. The balconies were extensively renovated at the end of 2020. The building is heated by a gas condensing boiler (Viessmann Vitocrossal 300), which was installed at the end of 2020. Hot water is supplied centrally through the heating system. In early 2023, an energy-efficient renovation was carried out by applying a composite thermal insulation system (CTIS) to the entire facade of the apartment building. This included the proper application of 160 mm polystyrene panels with a thermal conductivity value of 032, using a mineral adhesive, to the facade, followed by a mineral topcoat of approximately 2 mm. Finally, the facade was painted with StoColor Silco G paint.

The apartment building is centrally located in Bad Malente-Gremsmühlen, in a very quiet residential area, as Godenbergredder is a dead-end street. The town center, with its various shops, spa park, and train station, is within a 15-minute (1.5 kilometer) walk. The Kellersee and Dieksee are also within the same walking distance. The municipality of Malente is located in the district of Ostholstein (district capital: Eutin) in the state of Schleswig-Holstein and is a recognized spa and resort town. The municipality of Malente extends through the heart of the Holstein Switzerland region, in the area surrounding the Dieksee and Kellersee, at the northwestern foothills of the Bungsberg mountain. The lakes form the core of the so-called Holstein Lake District and are located near the source of the Schwentine river. This river flows directly through the central residential area of Bad Malente-Gremsmühlen. The municipality of Malente has approximately 10,800 residents and covers an area of approximately 69.07 km². The district capital, Eutin, with all its administrative offices, general and vocational schools, clinics, and hospitals, is only 8 kilometers away. The most significant center is the state capital, Kiel, with approximately 235,000 residents spread across an area of about 118 km². The city of Kiel is located about 40 kilometers northwest of Malente. The major city of Hamburg can be reached from Malente in approximately 90 minutes by car. Malente-Gremsmühlen has a train station with direct connections to many neighboring towns and cities. The area surrounding Malente offers numerous cycling paths, perfect for long and varied tours through the rolling landscape. Activities such as horseback riding, surfing, golf, fishing, and tennis, along with many other recreational opportunities, are available in the vicinity. Excursions to the neighboring Plön district, with its additional 16 small and large lakes, offer a wealth of variety, or you can visit the island of Fehmarn, or take a ferry from Puttgarden to neighboring Denmark. It's also only about 20 kilometers to the Baltic Sea, for example, to Sehlendorf or Hohwacht. There, you'll find the fine sandy Sehlendorfer Strand beach, which is child-friendly and has a large shallow water area, along with a playground, trampoline, beach volleyball court, and several snack stands. In the nearby holiday resort of Weissenhäuser Strand, you'll find wellness, sports, and entertainment facilities. Hohwacht offers the charm of a small Baltic Sea resort (Neu Abenteuer Dschungelland). Alternatives include the Baltic Sea beaches in Scharbeutz or Timmendorf, which are also only about 30 kilometers away.