House for sale • 3492 m² without real estate, Lower Saxony

For sale is a high-yield real estate portfolio consisting of six multi-family houses in Goslar, each with a full basement. The ensemble comprises a total of 63 bright and family-friendly residential units with living areas ranging from approximately 42 m² to 112 m². The total living area is about 3,528 m².

This is a property under hereditary building rights (building lease, term: December 31, 2051, lease fee: 2,785.54 EUR). This means that you acquire ownership of all six buildings and the 63 residential units they contain, while the approximately 9,960 m² plot is leased. As a result, a high property purchase price is avoided, significantly reducing both the entry price and the required equity investment compared to full purchase.

The three-story solid concrete structures, built in 1956, provide a very solid base and a completely basement-equipped structure. However, the property is in need of renovation and modernization. It presents an ideal foundation for investors and craftsmen who wish to unlock hidden value reserves through targeted measures and gradually upgrade the standard to a modern level. Heating is provided decentrally by means of gas-fired floor heaters.

An exceptional advantage for investors is the opportunity to take over an existing, highly attractive loan from the Sparkasse:

• Purchase price: 2,981,196 €

• Favorable remaining loan: approximately 2,304,000 €

• Top interest rate: Just 2.5% per annum, fixed until the end of 2029!

• Equity required: Only about 677,196 €

• Commission-free: The sale is conducted directly by the owner without additional broker fees.

The portfolio offers an optimal combination of ongoing income and tremendous potential for value enhancement:

• Current situation: Part of the units is stably rented, ensuring reliable income, while about half of the apartments are currently vacant. The vacancy is not due to a lack of demand but rather to the previous property management’s failure to re-let and maintain the units.

• Your opportunity as a professional: The local market and demand are high! For experienced investors and professionals, this situation is a true windfall: you acquire a property without long-term tenancy issues in these units, which you can renovate according to your own vision and immediately re-let at current market rents.

The residential complex is excellently located in popular Goslar (Altdammer Straße / Wolfenbütteler Straße). The historic old town, which is part of the UNESCO World Heritage Site, is easily and quickly accessible. All daily amenities – including supermarkets (NP-Markt), bakeries, public transportation stops, schools, and recreational facilities in the surroundings – are within walking distance.