House for sale • 63 m² without real estateIm Wiesengrund 34, , Rhineland-Palatinate

The condominium offered here is located in a well-maintained 3-family house that was built in 1996 using solid construction. It is situated in a very quiet and green setting in the favored district of Montabaur-Horressen.

The large property of approximately 1,340 m² enjoys an unobstructed location in the countryside with a south-facing orientation.

The building comprises three residential units, of which the largest (Residential Unit 1) will be vacant by September 2026 at the latest.

The price mentioned here refers to Residential Unit No. 3.

Residential Units:

Apartment 1 (Ground Floor, 1st Floor, and Attic): approx. 195 m², 6 rooms, kitchen, bathroom, storage room, WC, terrace, balcony

Apartment 1 has an exclusive right of use for a significant portion of the large garden.

- becoming vacant 09/2026 -

Apartment 2 (Upper Floor): approx. 77 m², 3 rooms, kitchen, bathroom, WC, storage room, balcony.

- rented -

This residential unit can be connected to Residential Unit No. 1 by opening a currently closed doorway, thus offering an enormous space for a large family or multi-generational living.

Apartment 3 (Ground Floor): approx. 63 m², 2 rooms, kitchen, bathroom, storage room, large terrace, and garden use.

- rented -

Equipment:

- Double-glazed plastic windows

- Flooring: real wood parquet and tiles, with partial underfloor heating

- Storage rooms within the apartment as well as a separate basement storage room for each unit

- Shared laundry room in the basement (currently used only by Apartment 1)

- Gas condensing boiler, renovated in 2022

The building is ideal for an owner-occupier who uses Residential Unit No. 1 and possibly No. 2 themselves and rents out Residential Unit No. 3 to help finance the property.

The building comes with a double garage with an adjoining storage room as well as an attic above the garage, also usable as living space.

In front of the house there are two additional parking spaces.

The building is divided into condominium ownership. It can be sold as a whole or as individual apartments.

The selling price mentioned here refers to the entire building.

If the apartments are sold individually, the purchase prices are as follows:

Apartment 1: €521,000 - Annual Rent: €22,488

Apartment 2: €194,000 - Annual Rent: €8,148

Apartment 3: €158,000 - Annual Rent: €7,560

The current total net annual rental income amounts to €38,196.

However, the preferred sale is of the entire property.

The house is located in Horressen, a small and charming district of Montabaur in the Westerwaldkreis in Rhineland-Palatinate. Horressen is characterized by its quiet, rural atmosphere while at the same time offering very good accessibility to important transportation hubs.

Horressen is conveniently located near the A3 motorway (2 km to the exit), which provides quick connections to the cities of Cologne and Frankfurt am Main. The ICE station Montabaur is also located at this motorway exit.

Cologne and Frankfurt can be reached from here in 30 minutes by train, or within an hour by car.

This location is therefore also ideal for commuters from Cologne and Frankfurt.