House for sale • 655 m² without real estateZiegeleiweg 25, , Schleswig-Holstein

Multifamily House by the Baltic Sea | 12 Residential Units | Immediate Cashflow & Rental Increase Potential:

This well-maintained multifamily house in the attractive area of Neustadt in Holstein offers capital investors the rare opportunity to acquire an already established investment with stable cashflow and additional development potential. The property comprises 12 residential units, a rented storage space, and 10 car parking spaces. In addition, it impresses with sustainable rentability in a coveted residential region near the Baltic Sea.

The property (built in 1970) has been continuously modernized and is in good condition: in recent years, windows, facades, bathrooms, floors, and numerous kitchens have been renewed, among other improvements. Furthermore, the house features basement rooms and a communal garden available to all tenants.

With a total living area of approximately 655 m² on a 1,221 m² plot, the property currently generates an annual net cold rent of around €79,070.64.

The average current rent is about €9.77/m² and is therefore in some cases significantly below the local market level, resulting in attractive rental increase potential when leasing anew or through future adjustments.

Particularly attractive for investors is the combination of:

+ Immediate rental income

+ High demand for housing near the Baltic Sea

+ Continuously modernized building structure

+ Additional development potential through adjusting the existing rents

+ Long-term attractive location in a popular coastal region

Conclusion: An attractive existing investment with top return potential.

Purchase price: €1,695,000 (no commission)

For inquiries and viewing appointments, please feel free to contact us via the portal or simply call us directly. Your contact person is Ms. Michaela Hop, who can be reached on her mobile at 0173-2636531.

The property is located on Ziegeleiweg in Neustadt in Holstein. Its location is characterized by its proximity to the Baltic Sea as well as to popular coastal towns such as Grömitz, Scharbeutz, and Timmendorfer Strand. The beach, harbor, and city center are quickly accessible. In addition, Neustadt offers excellent infrastructure with schools, medical care, shopping opportunities, restaurants, and good transport links via the nearby A1.

+ Multifamily house with 12 residential units and 1 storage area

+ Ongoing modernization, including facade, windows, floors, and kitchens

+ Plot: approx. 1,221 m²

+ Living area: approx. 655 m²

+ Year built: 1970

+ Gas central heating (updated in 2023)

+ Communal garden and basement areas available

+ 10 car parking spaces

+ Annual net cold rent: approx. €79,070.64

HAFERKAMP FOUNDATION

Strandallee 11

23683 Scharbeutz (Haffkrug)

Telephone: 04563 / 423998-0

Fax: 04563 / 423998-9

Email: info(at)haferkamp-stiftung.de

The Haferkamp Foundation is a legally recognized foundation under civil law.

Foundation Board:

Jens-Hendrik Haferkamp

Foundation Supervision:

Free and Hanseatic City of Hamburg

Office for Correctional Services and Law

Foundation Affairs

Drehbahn 36, 20354 Hamburg

Reference Number: 922.24-181 (2516)

Administrative Headquarters: Scharbeutz

VAT ID: DE305368314