House for sale • 672 m² without real estate, Rhineland-Palatinate

Make an appointment. You will receive a non-binding guided tour.

The offer refers to core area 1 with a 3,000 m² plot, including three building plots. This is currently where the money is being made (see image of core area No. 1/development plan). The core area benefits enormously from the development of the additional areas 2–6 to a total of 50,000 m² within the capacity of this infrastructure.

.. Double‐digit return on investment

.. Purchase price amortization factor of 12 years (as evidenced by tax assessments). You are acquiring from private assets, not from business assets (no VAT).

.. According to the Westerwaldkreis rent index, the net cold rent is €8.58/m².

Other structures—such as a care facility, wellness center, studio, etc.—are possible on this core building area 1 (3 building plots).

... The energy certificate shows good current values.

... The local heating supply from the Regenareativ Biomass Plant protects against further surprises under the current Building Energy Act (GEG) with a renewable share of over 90%.

.. New construction value according to current building area prices and prices per m³ of constructed space is approximately €1.8 million, excluding the land.

.. The comparison with the regional m² sale price for residential space is more than appropriate and follows the goal of finding proactive buyers for the overall development project.

.. There is no backlog of repairs or necessary investments. Details will be provided in a personal conversation along with an onsite review of the tax schedules.

Let’s talk about the surrounding area of 47,000 m², depending on further investment desires. For example, we are prepared—with respect to Area No. 2 (see development plan)—to grant notarial sales rights or a rent-to-own option until your revenues on core area 1 allow for additional secured financing. Furthermore, we can assist you with your modification requests during the abbreviated planning process for changes in the approved area if desired.

H I S T O R Y:

This site was formerly a hotel that evolved from a small agricultural operation, later converted into small apartments and room rentals, along with a log-cabin style gastro, holiday houses, its own local heating boiler house, and on the grounds, various stable and storage buildings. In addition, there are 3 parking spaces designed for 32 cars (60-ton capacity).

The 3,000 m² core area already represents a complete, self-sustaining entity—for example, for a couple managing rentals in apartments, staff lodging, and holiday houses without needing much additional personnel.

O u t l o o k:

Revenue generation can also be expanded further without additional investment because we have currently reduced the extra efforts required for reorientation. A wild card is the log-cabin style gastronomy concept, aimed at offering breakfast buffets for workshop guests and a café/bistro for cyclists and hikers on the panoramic circular route, as well as for social gatherings and themed events.

Consider Eichenpark_Eu with its current concept, which could be continued during a transition period with advisory support.

In particular, we are interested in buyers from the “Assisted Living, Care to Palliative” sector. This is the planned development direction for areas 2–6. For example, there are promising revenue prospects for a participatory care team in this homestead-like environment. Further details will be provided in person.

We are also happy to give young startups with a fresh, sustainable concept and a robust business plan a chance. This property has potential. We’re open to surprises!

The location is on a small scale integrated into the Wiesensee tourist area—with a large golf course—and is directly adjacent to forested areas and the sports facilities of the municipality Pottum/Wiesensee, as well as being immediately at the outskirts of the community of Eichenpark.

In the collective municipality of Westerburg with approximately 22,000 inhabitants, all levels of schools and further education opportunities exist, as they do in the nearby collective towns of Hachenburg, Bad Marienberg, and Rennerod.

Excellent transport connections are available, centrally located on the B255, which links the A3 and A45 (approximately 100 km from Cologne and Frankfurt/Main). Two ICE train stations are located about 22 km away (Limburg and Montabaur).

Additional Features:

• 5 roofs of main and ancillary buildings,

• 13 fitted kitchens,

• 10 bathrooms, 7 toilets,

• 19 fully furnished units,

• 1 set of fire protection measures approved for a change of use from 2,000 to residential/commercial,

• 1 new electrical installation in accordance with the electricity supplier’s requirements,

• 2 floors equipped with computer cabling and a central server room,

• 1 fully equipped gastro log-cabin (including machinery, crockery, outdoor furniture, sun umbrellas, and capable of holding a concession),

• 1 garden area with valuable, mature trees,

• 1 parking area for 6 cars,

• 1 playground or additional parking area for 6 cars,

• 1 independent oil heating system available as a peak load reserve and backup.

The buildings are supplied with renewable energy. Thus, compliance with the new Building Energy Act (GEG) is not an issue.

Status of the surrounding areas (Nos. 2–6):

• 3 holiday houses,

• 1 fishing and bathing pond,

• 2 set-in springs in the area,

• 1 forest kindergarten,

• 2 animal enclosures with a combined animal/hay hall and stables,

• 2 parking areas for 32 vehicles,

• 1 biomass heating plant with local heating export lines,

• 1 triple sickle mower tractor,

• 1 5-ton forestry loader with various attachments (quadruple branch rake, wood splitter, pallet fork, hydraulic snow plow).

INFORMATION FOR INVESTORS:

Various options and design alternatives are available based on the level of investment and the objectives involved. An on-site visit and a personal discussion are absolutely essential. We propose a convenient Sunday appointment. Only in person will we provide building plans/updates on the core renovation, volume and usable area calculations, as well as documentation of investments, rental income, and profitability analyses for the past rental years (as prepared by tax advisors).

We are even prepared to continue operating the main building/holiday houses for a six-month transitional period until a property manager or caretaker team has been found in the investor’s interest.