House for sale • 701 m² without real estateBungenstraße 19, , Lower Saxony

The building was constructed around 1900 and underwent a core refurbishment and structural reinforcement in 1984.

It is situated on a 310-square-meter plot in the historic center of Stade, directly on the Fleet, with a built-up area of 214 square meters.

Since 2007, the building has been in family ownership and has been continuously renovated. These renovations include 8 new bathrooms and 8 fitted kitchens with electrical appliances, a renovation of the entire façade, a new central gas heating system, and additional points listed in the exposé in the form of a timeline.

The total living area amounts to 584.85 square meters, according to the WoFIV of September 2022. The building comprises a total of 11 residential units, one of which is furnished and has a separate entrance. All residential units also have a cellar or attic storage compartment. In addition, there is the possibility to securely lock up bicycles on the property’s outdoor area.

Six apartments also feature a balcony facing south with a magnificent view of the adjacent historic town center and the immediately adjoining Fleet. Another ground-floor apartment has a large terrace.

The building currently yields a monthly net cold rent of €6,095.50.

Further information and breakdowns can be found in the exposé. If you are interested, please get in touch and we will send it to you by email.

This is a private sale conducted by an architect; we kindly ask real estate agents to refrain from contacting us or offering your services. The property is being sold exclusively by the owner.

To potential buyers: By purchasing privately without an agent, you save on the broker’s commission, thus eliminating additional purchase costs of approximately 6%.

Bungenstraße 19 is located in the heart of the historic Hanseatic city of Stade: an old building right on the Fleet, surrounded by listed half-timbered facades, winding alleys, and the unmistakable charm of one of the best-preserved old towns in northern Germany. An investment here does not merely purchase square meters but also a share in an urban jewel that is scarcely reproducible in this density.

The Location: Directly on the Fleet

The Fleet is the quiet soul of Stade’s old town. The historic water network weaves through the city center, combining Hanseatic building culture with maritime charm – a unique feature that sets Stade apart from comparable medium-sized cities. A property with immediate Fleet access in the old town is rare; accordingly, its appeal remains consistently high for tenants who appreciate the character and quality of life of an extraordinary address. Short walking distances to the city center, cafés, restaurants, markets, and cultural facilities complete the micro-location – there is hardly a more central yet peaceful spot in Stade.

Stade as an Investment Location

Stade offers a rare combination of a historic urban structure and modern quality of life. The old town with its half-timbered houses, small squares, and vibrant retail creates an urban ambiance that binds residents over the long term. Cafés, boutiques, cultural events such as the traditional Christmas market or the Hanseatic festival, as well as museums like the Schwedenspeicher, contribute to a city life that goes far beyond what is typically offered in a medium-sized town.

Of particular relevance to investors: Stade directly benefits from its proximity to Hamburg. The S-Bahn line S3 connects the two cities directly, and the A26 motorway as well as federal roads 73 and 74 ensure that Stade is easily accessible by road. This increasingly attracts commuters who prefer the quality of life and pricing of a Hanseatic city over the hustle and bustle of Hamburg, a demand structure that minimizes vacancy risks and favors stable rental yields. The real estate market in Stade’s old town accordingly shows continuously stable value development.

Since the acquisition of the property, there has effectively been no vacancy in the building; new tenancies have been extremely easy to arrange due to a consistently high demand, further reinforced by the persistent shortage of living space.

For those seeking relaxation, it is found right outside the door: the former city moat surrounding the old town invites walking and relaxation, fleet boats navigate the historic waterways, and the Old Country – Germany’s largest contiguous fruit-growing region – is reachable within minutes.

Why this Property?

Old buildings right by the Stade Fleet, close to the city center, rarely come on the market. The mature building structure, the urbanly protected location, and the sustainable demand by commuters, city lovers, and culture-conscious tenants make this property an investment with long-term prospects. Old town locations in Stade are equally sought after by owner-occupiers and investors.

The entrance area along with the ground floor hallway is clad with Sollnhofer sandstone.

Regular, legally mandated legionella testing of the pipelines is carried out.

Smoke detectors throughout the property comply with legal requirements.

All residential units are rented on an unlimited lease.

Fiber-optic connections are available throughout the building.

The property is subject to conservation laws.