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

Offered for sale is a high-yield real estate portfolio comprising six fully basemented apartment buildings in Goslar. The complex contains a total of 63 bright, family-friendly residential units ranging in size from approximately 42 m² to 112 m². The total living area is approximately 3,528 m².

The property is held under a hereditary building right (leasehold term until December 31, 2051; ground rent: EUR 2,785.54). 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. This eliminates the high cost of purchasing the land, significantly reducing both the entry price and the equity required compared with purchasing the property and land outright.

Built in 1956, the three-story solid-construction buildings offer a sound structural basis and full basements. The property requires renovation and modernization. It provides an ideal opportunity for investors and contractors seeking to unlock hidden value through targeted improvements and gradually bring the property up to modern standards. Heating is provided independently via individual gas-fired heating systems in each unit.

An exceptional advantage for investors is the option to assume an existing, highly attractive loan from Sparkasse:

- Purchase price: EUR 2,981,196

- Favorable outstanding loan: approx. EUR 2,304,000

- Excellent interest rate: just 2.5% p.a., fixed until the end of 2029

- Equity required: only approx. EUR 677,196

- No commission: the property is being sold directly by the owner, with no additional brokerage fees

The portfolio offers an ideal combination of ongoing income and substantial value-add potential:

**Current situation:** Some of the units are securely let and generate reliable income. Approximately half of the apartments are currently vacant. This vacancy is by no means due to a lack of demand, but rather to failings on the part of the previous property management company, which neglected reletting and maintenance.

**Your opportunity as a professional investor:** The local market and demand are strong. For experienced investors and professionals, the current situation represents a genuine stroke of luck: you can acquire units free of long-term tenancies, renovate them according to your own plans, and immediately re-let them at current market rents.

The residential complex is conveniently located in the popular town of Goslar, on Altdammer Straße/Wolfenbütteler Straße, with excellent transport connections. The historic old town, a UNESCO World Heritage Site, can be reached quickly and easily. All everyday amenities—including supermarkets (NP-Markt), bakeries, public transport stops, schools, and nearby recreational facilities—are within easy walking distance.