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Charming four-apartment building with investment potential – located near the town center.

66894 Thaleischweiler-Fröschen (Langwieden) – Rheinland-Pfalz
260.000 €
351 m²
Living Area
Private offer
Apartment building or investment property
Apartment building

Well-maintained apartment building, built around 1920, with approximately 351 m² of living space, located in a quiet area near the center of Thaleischweiler-Fröschen. Three out of four apartments (1st floor, 2nd floor, attic) are permanently rented and currently generate a gross monthly rent of €1,250. However, this is expected to increase to €1,600 per month from approximately November 2026 due to new rental agreements. Since 2015, the building has been continuously maintained: a new heating system was installed in 2017, new front and garage doors were fitted, laminate flooring and new interior doors were installed in all apartments, a new wooden ceiling and kitchenette were added to the 2nd floor, the staircase was repainted, a new bathroom was installed in the attic, and the wastewater and water pipes have been renewed from the attic to the 1st floor. The laundry room has also been modernized, and the garden has been improved. The ground floor apartment (approximately 79 m²) is currently not rented due to a moisture problem; a leak detection test has already confirmed the cause, indicating infiltrating moisture. This presents a significant opportunity for buyers: with targeted renovation (e.g., a horizontal barrier), a fourth rentable unit can be created, leading to a corresponding increase in returns. This property is ideal for investors looking for a partially rented property with the potential for appreciation. Information provided without guarantee, and subject to errors.

Are you interested in this offer?

Object Number
OM-486092
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
260.000 €
Purchase additional costs
approx. 17,028 €
Total costs
approx. 277,028 €

Breakdown of Costs

Purchase price 260.000 €
Real estate transfer tax 13,000 € (5.00%)
Notary costs 2,666 € (1.03%)
Land register entry 1,363 € (0.52%)
Broker commission 0€ (0%)

* 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: 1,024€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.91%

Details

Condition
In need of renovation
Year of last modernization
2024
Number of floors
4
Total area
351 m²
Net rental income (target) p.a.
24000 €
Net rental income (actual) p.a.
19200 €
X-times rental income
13.50
Number of units
4
Flooring
Laminate, Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1920
Equipment
Balcony, Winter garden, Garden, Basement, Full bath, Shower bath, Fitted kitchen, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, Comprehensive school, Public transport

Information on equipment

Laminate flooring throughout all apartments, well-maintained garden, central heating (gas, heating system renewed in 2017), bathroom in the attic, and renovated drainage pipes from the attic to the first floor. New front door and garage door, new interior doors, and a freshly painted staircase with railings.

Location

Quiet residential area close to the town center of Thaleischweiler-Fröschen in the southwestern Palatinate region, characterized by a rural setting with good local amenities.

Location Check

Nature
Child Friendliness
Health
Sports
Shopping
Eating Out
Culture
Nightlife
Public Transport

Energy

Final energy consumption
193.70 kWh/(m²a)
Energy efficiency class
F
Energy certificate type
Consumption certificate
Main energy source
Gas

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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