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- Charming four-apartment building with investment potential – located near the town center.
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Charming four-apartment building with investment potential – located near the town center.
66894 Thaleischweiler-Fröschen (Langwieden) – Rheinland-PfalzWell-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?
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Object Number
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OM-486092
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Object Class
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Apartment building or investment property
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Object Type
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Apartment building
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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260.000 €
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Purchase additional costs
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approx. 17,028 €
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Total costs
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approx. 277,028 €
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Breakdown of Costs
* 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
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Estimated monthly rate: 1,024€
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Details
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Condition
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In need of renovation
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Year of last modernization
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2024
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Number of floors
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4
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Total area
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351 m²
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Net rental income (target) p.a.
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24000 €
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Net rental income (actual) p.a.
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19200 €
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X-times rental income
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13.50
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Number of units
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4
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Flooring
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Laminate, Tiles, Vinyl / PVC
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Heating
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Central heating
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Year of construction
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1920
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Equipment
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Balcony, Winter garden, Garden, Basement, Full bath, Shower bath, Fitted kitchen, Guest toilet
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, Comprehensive school, Public transport
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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
Energy
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Final energy consumption
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193.70 kWh/(m²a)
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Energy efficiency class
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F
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Energy certificate type
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Consumption certificate
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Main energy source
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Gas
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Miscellaneous
Topic portals
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