Flat for sale 3+1 • 130 m² without real estate, Lower Saxony

The BURGHAUS in Krummhörn – Grimersum has been extensively renovated in recent years.

The approximately 200 m² ground floor apartment (ideal for a senior shared living arrangement or a large family) with 3 bedrooms and 3 bathrooms, an open-plan kitchen-living area, living room, and ancillary rooms, is unique in every way.

When you compare the purchase price of only 499,000 for about 200 m² of living space—with a high-quality fitted kitchen (valued at 50,000)—with other newly built apartments or extensively renovated properties, you will quickly recognize the fair price.

The entire property, comprising 6 fully furnished apartments, can be acquired for a total purchase price of 1,250,000, thus offering a secure and future-oriented investment with an 8% yield.

The property is only about a 20-minute car ride from the ferries to Borkum, Norderney, or Juist. Pewsum or Marienhafe can be reached in 8 minutes by car, where all shopping facilities are available, including doctors and pharmacies. Hospitals are located in Emden, Aurich, and Leer, and the health center is in Norden. The new central hospital is already under construction.

Pictures (or even better, a personal tour) speak more than a thousand words.

Just to mention a few updates:

New heating system, new electrical installation, new plumbing with water and sewage, new bathrooms with high-quality fittings, etc.

It is also possible to reduce the apartment from 200 m² to 130 m² through relatively simple and cost-effective measures, which would reduce the purchase price—as already indicated here—to only 380,000. Further details can be provided during a visit.

In any case, interesting tax and economic opportunities are certainly available.