House for sale • 467 m² without real estateLudwigstraße Neuötting Neuötting Bayern 84524

The historic townhouse at Ludwigstraße 70 in Neuötting is undoubtedly a gem with a rich history. It was built in the second half of the 15th century and is one of the few buildings that survived the devastating city fire in 1797. Its valuable historical significance and well-preserved structure have resulted in the building being under monument protection, classified as an individual monument as well as part of a monument ensemble and a site monument.

On the ground floor of the townhouse there is a small shop. The upper floors of the building were previously used for residential purposes and are currently vacant.

For the future of the building, a multi-family house with commercial space (shop unit) on the ground floor is planned. In doing so, the original layout of the existing building is largely to be preserved. The shop is to be maintained and rented out as a commercial unit.

The house is in good condition considering its age. In 2008 the façade was completely renovated and in 2010 the roof was renewed. To meet today’s residential requirements, the building services need to be updated and the apartments renovated. Due to the monument status, property owners have the possibility of recording increased building and planning costs for modernization and repair measures as additional tax deductions.

Reserve your viewing appointment now for Saturday, May 24, 2025 at 0172-8884484.

MONUMENT AFA

The preservation and conservation of protectable building substance is actively supported by tax incentives granted by the legislature. The German Income Tax Act offers buyers of listed buildings the possibility to claim expenses for construction and planning services for renovation measures that serve the preservation or use of the building as tax deductions. As a result, the buyer – whether an owner-occupier or an investor – can, under certain circumstances, significantly reduce his income tax burden.

A prerequisite for Monument Afa is that the property was acquired before the commencement of the construction measures, as only the owner and client of the renovation measures are entitled to the depreciation. The tax-privileged costs can be depreciated 100% over a period of twelve years when the property is rented out (eight years at 9% and four years at 7% according to §7h EStG). For buildings occupied by the owner, the depreciation amount is reduced to 90% (ten years at 9% according to § 10f EStG).

The house is offered directly by the owner commission-free.

The Stadthaus L70 is located in an extremely attractive spot directly on the historic market square in the heart of Neuötting's old town, at Ludwigstraße 70. The street is one of the most frequented shopping streets in the entire region. The property is situated about 150 meters from the city gate and 200 meters from the parish church. The town hall is also in the immediate vicinity. As a result, the property is located in one of the most central and valuable locations in Neuötting.

The advantages of the location are numerous: shopping facilities are nearby and schools for all educational levels are easily accessible. In addition, there are various sports and leisure facilities, including both an outdoor pool and an indoor pool, all within a radius of less than 5 km. The excellent infrastructure thus meets all the requirements of a very good location.

The transport connections are also excellent. With direct access to the newly expanded A94 motorway or by train, one can reach Munich and the airport within about an hour.

The market square of Neuötting, with its charming listed old buildings, gives the town a special architectural charm. Due to this characteristic, Neuötting is regarded as an architectural jewel and as one of the most popular excursion and desirable residential locations in the entire region. The historical setting attracts both visitors and prospective residents alike.

The property is being sold as in need of renovation. The following measures have already been implemented:

- Complete vacation and clearance of the property

- Digital measurement as well as initial planning

- Extensive structural openings to determine the construction condition

- Preparation of the permit planning including the issued building permit

- Obtaining the monument protection permit

- Submission of a fire protection certificate as well as a static concept

- Development of an energy renovation concept to achieve the KfW efficiency house standard Denkmal EE

- Release from the parking and playground commitment

- Optional subdivision into condominium units prepared

For the remaining measures, there is detailed architectural planning as well as a binding fixed-price offer from a general contractor for the entire renovation.

Note on tax incentives:

The majority of the renovation costs are 100% tax-deductible according to § 7i EStG.

Imprint:

Landstadt GmbH

Hans-Pinsel Straße 7a

85540 Haar (near Munich)

Telephone: +49 172-8884484

E-Mail: mk@landstadt.eu

Represented by the management:

Andreas Striegel, Michael Kröncke

HRB 278173, Local Court of Munich