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Commission-free project for developers and investors: 9 apartments + potential for further development, 480 square meters.

86157 Augsburg (Pfersee) – Bayern
1.089.000 €
18
Room
480 m²
Living Area
414 m²
Plot Area
Private offer
House
Multi-family house

Multi-family building with approved plans – Development potential for developers and investors in Augsburg-Pfersee.

This multi-family building at Kazböckstraße 22 in Augsburg-Pfersee offers an attractive opportunity for project developers, construction companies, and investors. The building dates back to 1909 and already contains several residential units. The property requires renovation and therefore offers interesting possibilities to improve the existing structure and create additional living space. A particular advantage is that the plans for the further development of the property have already been submitted for approval. The sale includes the approved plans. This provides buyers with a solid foundation for further project development, without the need to create new plans from scratch. The plans include the following measures:

* Expansion of the attic with two additional apartments.
* Construction of another apartment in the basement.
* Addition of balconies to enhance the existing apartments.
* Landscaping of the outdoor areas with designated parking spaces. This opens up the possibility of comprehensively modernizing an existing multi-family building and leveraging its existing development potential. This is ideal for project developers, construction companies, and investors looking for a renovation project with pre-prepared plans, and who want to enhance the property according to their own specifications. Take advantage of this opportunity to acquire an existing property with interesting expansion possibilities in Augsburg-Pfersee. We would be happy to provide you with the planning documents and arrange a viewing on site.

Are you interested in this house?

Object Number
OM-503208
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.089.000 €
Purchase additional costs
approx. 51,172 €
Total costs
approx. 1,140,171 €

Breakdown of Costs

Purchase price 1.089.000 €
Real estate transfer tax 38,115 € (3.50%)
Notary costs 8,639 € (0.79%)
Land register entry 4,418 € (0.41%)
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: 4,429€

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 4.10%

Details

Condition
In need of renovation
Number of floors
4
Bathrooms (number)
9
Bedrooms (number)
9
Number of parking lots
2
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1902
Equipment
Balcony, Terrace, Garden, Basement
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Features and Condition – Remarks

The entire multi-family building is in a condition that requires renovation. The individual apartments also require corresponding renovation and modernization. This presents buyers with the opportunity to comprehensively renovate the building and upgrade it to meet modern standards according to their own preferences.

Currently, five apartments are rented. The current rental income amounts to approximately €2,000 per month, or approximately €24,000 per year (net, before operating costs).

During a renovation and modernization project, there is generally potential to adjust the rental income. The actual possibilities depend on the scope of the measures, the existing lease agreements, and legal requirements.

Location

Augsburg-Pfersee: An Attractive Location for Living and Investment

Augsburg-Pfersee is one of the established residential areas in the city and offers developers and project developers interesting opportunities for the development of residential properties. The district combines proximity to Augsburg's city center with a well-established residential structure and a well-developed infrastructure. Pfersee is particularly attractive due to its mix of existing apartment buildings, residential areas, and good local amenities. Shopping facilities, schools, kindergartens, doctors, and other essential services are located nearby. The excellent public transportation links also make it easy to reach the city center and other important areas of Augsburg. For developers and investors, Pfersee offers an interesting environment for the renovation, modernization, and further development of existing properties. The established residential area provides a solid foundation for modern living concepts and the sustainable improvement of existing buildings. The combination of a city-close location, a well-established residential environment, and existing infrastructure makes Augsburg-Pfersee an attractive location for long-term residential property investments.

Location Check

Shopping very good
Eating Out very good

Energy

Energy efficiency class
H
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
287.00 kWh/(m²a)

PDF

Miscellaneous

- Attractive location for existing properties in Augsburg-Pfersee.
- Multi-family building with currently six apartments that are rented.
- Monthly net cold rent income of approximately €2,500.
- Renovation and modernization potential throughout the building.
- Plans are available for expansion and the creation of additional living space.
- Sale is planned with the approved development plan.
- An interesting development project for developers, project developers, and investors.
- Planning documents can be provided to interested buyers.
- Viewings are possible by appointment.

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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Offer from: Ender Altunisik