House for sale • 236 m² without real estate, Bavaria

Our community of heirs is offering this spacious residential building with 236 m² of living space, as well as an expansion reserve of approximately 80 m², on an 858 m² plot.

The house was constructed in 1974 using high-quality materials. It is located in Zeitlarn on the quite busy Schwandorfer Strasse, with the large terrace and garden facing south and west away from the street. In addition to the house, there are two large solid garages with generous canopies, as well as an external cellar entrance.

The building’s walls consist of 30 cm thick perforated bricks, and the ceilings are reinforced concrete slabs with a floating screed. The basement walls were waterproofed with bitumen when built and remain watertight today. Wooden windows with insulating glass panes and plastic shutters, as well as veneered wooden doors in steel frames, define the interior appearance. The staircase and entrance hall on the ground floor feature high-quality marble finishes.

The attic is accessed via the main staircase, has a balcony and all necessary connections, but has not yet been developed. The associated expansion reserve, depending on the scope of the development, amounts to approximately 80 m² of living space. Beneath the house is a subbasement that extends out from the terrain on the west side, providing natural light to a large, heated hobby room. Overall, the property remains largely in its original condition. Non-professional alterations or modifications using foreign materials have not been carried out.

On the ground floor there is a large living room, a kitchen, a guest WC, and two additional rooms. The upper floor comprises 5 rooms and a bathroom. In addition to the aforementioned hobby room, the subbasement houses the heating cellar, the fuel tank room, the laundry room with a shower, and two large cellar rooms.

According to current legislation (GEG), no energy-related measures need to be taken regarding either the building envelope or the building’s technology. The large oil tank offers the benefit of purchasing fuel at favorable times, thereby ensuring several years of supply security—a not insignificant advantage in today’s unstable markets and with large price fluctuations.

Investments in the house are currently to be made solely at the owners’ discretion, and will not be incurred due to possibly ideological laws.

The land is owned by the church. The leasehold contract runs until 2058 under extremely favorable conditions. An early extension is possible according to the lessor. After the leasehold expires, there is a pre-emption right. Should the land be returned to the lessor after the lease period, the lessor is obligated to purchase the residential building from the tenant.

At the current interest rate of approximately 3.0%, the annual lease fee of 170 EUR corresponds to a financing value of just under 5,700 EUR. This means that the land costs are far below those that would be incurred if the land were purchased outright. Thus, this leasehold model offers an extremely favorable opportunity to use a very large house on a very large plot in the long term – at least for the next 33 years.

In our view, the overall offering is very attractive for anyone with a high demand for space for family, hobbies, or (partially) commercial activities. Coupled with a healthy measure of craftsmanship to gradually shape the interior to one’s own ideas, this represents an almost ideal scenario at an unbeatable price.

The property is located in Zeitlarn, a town of nearly 6,000 inhabitants situated north of Regensburg. Regensburg’s city center is 9 km away and can be reached by car in 10–15 minutes. Several bus lines connect Zeitlarn with Regensburg, with stops within walking distance.

Kindergartens and primary schools, as well as a pharmacy, bank, bakery, and supermarkets, are also within walking distance.

The municipality of Zeitlarn, as a suburban community of the World Heritage city Regensburg situated on the River Regen, is a popular local recreation area and ideal for hiking, cycling tours, and walks.

The building’s technical equipment is in good condition. In 2007, a new oil condensing boiler with a hot water storage tank was installed. The heating distribution system has been insulated, the radiators with thermostat heads are in good condition and fully functional, and there is a circulation system as well as external and internal temperature sensors.

The electrical installation dates back to the construction period but already incorporates contemporary features such as a large number of circuit breakers, residual-current devices, and numerous sockets (a high level of installation). Every living area has TV antenna connections, and several telephone lines have been installed.

The sanitary facilities date from the time of construction, are fully functional but no longer entirely up-to-date in appearance. The building is connected to the sewer system.

The house is sold commission-free by the owner.

With moderate effort, the house can also be converted into a multi-family building. A concept from 1994 (see attachment) illustrates one of the possibilities. Such measures are currently significantly favored by the new Bavarian modernization laws.