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Investment opportunity in a central location in Asbach – "the most beautiful building in the town."

Hauptstraße 55, 53577 Asbach – Rheinland-Pfalz
800.000 €
225 m²
Living Area
224 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

This exceptional property is a true gem. Between 1991 and 1994, the property underwent a complete renovation, restoring it to its historically accurate state while modernizing the interior:
- Renovation of the staircase, including walls, railings, and tiled flooring.
- Installation of a new gas central heating system, including new pipes and radiators.
- Complete renewal of the electrical system.
- Replacement of all water and sewage pipes.
- Installation of double-glazed wooden windows (for soundproofing).
- Renewal of all flooring.
- Refurbishment of all walls and ceilings.
- Renovation of the roof (including roofing and insulation).
- Complete renovation of all bathrooms.

In the last three years:
- New vinyl flooring was installed in the retail space.
- A complete IT cabling system was installed in the office.
- Two apartments were completely renovated.
- Rents were increased to the local market rate.

Layout:
- Full basement with storage rooms for tenants.
- Ground floor: Retail space, approximately 121 square meters, currently a fitness studio.
- First floor: Office space, approximately 117 square meters, currently used by a recruitment agency and a law firm.
- Mezzanine apartment, approximately 39 square meters.
- Second mezzanine apartment, approximately 39 square meters.
- Attic apartment, approximately 73 square meters.
- Attic apartment with balcony, approximately 64 square meters.

The apartments are currently rented. There is no listed building status.

Are you interested in this offer?

Object Number
OM-492302
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
800.000 €
Purchase additional costs
approx. 50,153 €
Total costs
approx. 850,152 €
Operating costs allocated p.a.
14,488 €
Non-allocatable operating costs p.a.
300 €

Breakdown of Costs

Purchase price 800.000 €
Real estate transfer tax 40,000 € (5.00%)
Notary costs 6,735 € (0.84%)
Land register entry 3,418 € (0.43%)
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: 3,227€

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 4.05%

Details

Condition
Well-kept
Year of last modernization
1995
Number of floors
3
Level
Ground floor
Commercial area
228 m²
Total area
453 m²
Other areas
224 m²
Net rental income (target) p.a.
46440 €
Net rental income (actual) p.a.
46440 €
X-times rental income
17.23
Number of units
6
Flooring
Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1900
Equipment
Balcony, Basement, Full bath, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, Comprehensive school, Public transport

Location

The property is located in a central area of Asbach.

The surrounding area boasts a comprehensive infrastructure with all the shops you need for daily life. A shopping center (including Aldi, Lidl, Netto, dm, kik, Deichmann, a hardware store, a cinema, an ice rink, a fitness center, a go-kart track, a pet store, a cleaning service, and restaurants) is within walking distance. Doctors, pharmacies, a hospital, kindergartens, and schools are also located nearby.

The town has numerous sports clubs, and the beautiful nature of the Westerwald region is easily accessible.

The property has excellent access to the A3 motorway. It is approximately 9 km from the Bad Honnef/Linz exit. The journey to Eitorf train station takes about 10 minutes. In front of the house is the bus station, providing connections to the surrounding towns and the regional center of Hennef.

Location Check

Health
150m
Nature
100m
Child Friendliness
200m
Shopping
50m
Sports
300m
Eating Out
50m
Culture
450m
Nightlife
50m
Public Transport
100m

Energy

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

PDF

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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