Permitted multi-family housing project in Bremen's Old Town | Approximately 740 m² of living space | 8 units | No commission fees.

For sale is a fully planned and already approved multi-family residential building project in a desirable location in the Bremer Altstadt district. The project involves constructing a multi-family building on a property of approximately 350 m², comprising 8 approved residential units and a total living area of approximately 740 m² according to the Wohngrundlagenverordnung (WoFlV). The building permit and structural calculations are available. The required parking spaces and the children's play area have already been secured and fully paid for, as required by the approved plans. The building is planned with a ground floor, three upper floors, and a setback floor. An elevator is included in the design. A basement is not planned. The approved plans include two spacious maisonette apartments spanning the ground floor and the 1st floor, as well as additional apartments on the 2nd, 2nd, and setback floors. The property is located in a mixed-use area (MI), in close proximity to the Bremen University of Applied Sciences and within the "Alte Neustadt" cycling district. In addition to the approved plans, there are interesting opportunities to optimize the mix of apartments. It would be conceivable, for example, to divide the two maisonette apartments into separate apartments on the ground floor and the first floor, which could potentially increase the number of units to up to 10, subject to the granting of the necessary permits. Given the proximity to the university, a development with smaller apartments or micro-apartments could also be an attractive option. An alternative plan featuring smaller apartments or micro-apartments might, according to the relevant regulations regarding mobility and building codes, result in a reduced need for parking spaces compared to larger apartments. The specific number of parking spaces required, or potential alternatives, would need to be clarified with the relevant authorities as part of a revised plan. Furthermore, an increase in the number of independent housing units could be of interest for funding programs with specific maximum grant amounts for housing. The aforementioned options with 10 housing units or micro-apartments are not part of the existing building permit. The specific feasibility of obtaining a permit, as well as the conditions and amount of any potential funding, will be determined by the purchaser. The architects, energy efficiency experts, and financing partners can be independently assessed. With a purchase price of €820,000, the land purchase price of approximately €1,108 per square meter of approved living space is already quite reasonable. The existing building permit, the completed structural analysis, and the payments already made represent significant prerequisites for a timely realization of the project. According to the current plans, an energy-efficient construction adhering to the KfW-40 standard is planned. The property is being sold directly by the owner, and there are no commission fees for the buyer.

The property is located in the historic Old Town of Bremen, on a quiet one-way street, and is situated right next to the Bremen University of Applied Sciences.
The location offers city-center living with excellent infrastructure. Shops, public transportation, and everyday amenities are all within easy reach. The Südbad swimming pool, the Wallanlagen park, and Bremen's city center, including the Schlachte promenade, the market square, and the town hall, are easily accessible by bike or on foot.
The property is located in the "Old Town Bicycle Quarter." The excellent cycling infrastructure and proximity to the university make the location attractive for smaller apartments, student housing, and micro-apartments.
Furthermore,­ there are several large new development and urban renewal projects in the surrounding area, including the Hachez Quarter, which will further enhance the area.
The combination of a central location, proximity to the university, excellent infrastructure, and a peaceful residential environment offers attractive conditions for both maintaining existing properties and selling individual apartments.