House for sale • 951 m² without real estateSchmiedgasse 14, , Rhineland-Palatinate

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All apartments are built as 2-room apartments and include a hallway, storage room, kitchen, bathroom, living room, bedroom as well as a balcony, basement storage room, and a car parking space. Two ground floor apartments have a terrace with a garden. Apartment no. 5 on the first upper floor and apartment no. 8 in the attic each have 3 loggias.

Since the first rental in July 2016, all apartments have been fully rented 12 months a year. I have already submitted the application for a certificate of completion to the competent building authority in Neuwied. Two tenants who are currently renting in this building have already expressed interest in purchasing. According to the purchase price analysis within a 10 km radius around Bad Hönningen, apartments can be offered for sale at an average of €2,500/m² plus €10,000 for a car parking space and €15,000 for a carport parking space. Total value of the property: The property has 557 m² x €2,500/m² = €1,392,500 + €45,000 (3 carport parking spaces for cars x €15,000) + €50,000 (5 car parking spaces x €10,000) = €1,487,500.

The property is located in Bad Hönningen. Several bus and train lines are within walking distance. Nearby, there are several restaurants, bakeries, supermarkets, and cafes. Various green spaces and parks, fitness studios, bars, a bookstore, and a clothing store can also be reached on foot. Further away, you will also find several shopping opportunities and kindergartens. In the wider area, there is also good medical care and a broad range of evening entertainment options.

All apartments have identical features. Floors in bathrooms and kitchens are tiled, and walls in bathrooms as well as kitchen mirrors are tiled. All walls and ceilings are papered with textured wallpaper and painted white. The floor covering in all rooms consists of laminate laid over impact sound insulation. The photos show the rooms and floor plans of 3 different apartment types. Each apartment has separate connections for a washing machine and dryer in the laundry cellar. All apartments have separate water meters for hot and cold water. All radiators are equipped with meters from Brunata-Metrona. In the basement there is cable and fiber-optic connection. On the ground floor, there is an enclosed area for bicycles.