House for sale • 480 m² without real estateAugsburg Pfersee Bayern 86157

Multi-family house with approved planning – Development potential for developers and investors in Augsburg-Pfersee

This multi-family house, located at Kazböckstraße 22 in Augsburg-Pfersee, presents an attractive opportunity for project developers, property developers, and capital investors.

The building dates back to 1909 and already comprises several residential units. The property is in need of renovation, offering interesting possibilities to upgrade the existing structure and create additional living space.

A particular advantage: the planning for the further development of the property has already been approved. It is being sold with the approved planning. This provides buyers with an excellent basis for further project development without having to create the plans from scratch.

The planning includes, among other measures, the following:

• Expansion of the attic with two additional apartments

• Creation of an additional apartment in the basement

• Addition of balconies to enhance the existing apartments

• Design of the outdoor areas with designated parking spaces

This opens up the possibility to comprehensively modernize an existing multi-family house and fully utilize its development potential.

Ideal for project developers, property developers, and investors looking for a renovation project with pre-prepared planning who wish to upgrade the property according to their own vision.

Take advantage of this opportunity to acquire an existing property with interesting expansion possibilities in Augsburg-Pfersee.

We are happy to provide you with the planning documents and arrange an on-site viewing appointment.

Augsburg-Pfersee as an attractive residential and investment location

Augsburg-Pfersee is one of the well-established residential areas in the city and offers developers and project planners interesting prospects for the development of residential properties. The district combines proximity to Augsburg’s city center with an established residential structure and a well-developed infrastructure.

Pfersee is particularly attractive because of its mix of existing multi-family houses, residential neighborhoods, and good local supply. Shopping facilities, schools, kindergartens, doctors, and other everyday amenities are located nearby. The good connection to public transport also facilitates easy access to the city center and other key areas of Augsburg.

For property developers and investors, Pfersee offers an appealing environment for the renovation, modernization, and further development of existing properties. Its established residential setting provides a solid foundation for contemporary housing concepts and the sustainable enhancement of existing buildings.

The combination of a central location, an established residential environment, and existing infrastructure makes Augsburg-Pfersee an interesting location for long-term residential property investments.

Equipment and condition – Remarks

The entire multi-family house is in need of renovation. The individual apartments also exhibit corresponding needs for refurbishment and modernization. This gives buyers the opportunity to comprehensively renovate the building and upgrade it in a contemporary way according to their own ideas.

Currently, five apartments are rented out. The current rental income is approximately €2,000 per month, or around €24,000 per year (net cold).

With renovation and modernization, there is generally potential to adjust the rental income. The actual possibilities depend on the scope of the measures, the existing rental agreements, and legal requirements.

• Attractive existing property location in Augsburg-Pfersee

• Multi-family house with currently six rented apartments

• Monthly net cold rental income of approximately €2,500

• Renovation and modernization potential throughout the building

• Approved planning for expansion and the creation of additional living space is available

• Sale with approved planning intended

• An interesting development project for property developers, project planners, and capital investors

• Planning documents can be made available to interested buyers

• Viewings available by appointment