Plot for sale • 415 m² without real estateAhrstr. 3, , Rhineland-Palatinate

This offer comprises a developed inner-city property with a fully planned new construction project. In the midst of the center of Bad Neuenahr (just a few steps from the Platz an der Linde), a multi-family house with eleven residential units has been planned; the building permit is currently being issued. Currently, there are two older single-family houses (vacant existing buildings) on the property which are to be removed for the new construction.

The building permit is expected shortly so that construction can begin promptly – thereby eliminating the time-consuming planning process for the investor. In consultation, the renowned project architect (who has already successfully completed a residential building with 23 units and an underground parking garage in the immediate vicinity) is available for the further project phases (LP 5–8).

The plan envisions modern, high-quality architecture that makes optimal use of the inner-city site. A total of four full floors plus a penthouse level will accommodate 11 attractive apartments. On the ground floor, a covered parking level is planned – offering a comfortable and highly valuable provision of parking spaces for the residents in this location.

Particularly noteworthy are the two penthouse apartments on the penthouse level, each featuring a generous balcony or a roof terrace. These exclusive units offer panoramic views and plenty of open space – a real highlight for future residents.

The apartments on the floors below also impress with well-thought-out floor plans and outdoor areas: On each standard floor (1st to 3rd floor), three apartments are planned (approximately 2-room, 3-room, and 4-room layouts per floor with about 54 m², 72 m², and 88–90 m² of living space, respectively). All apartments will have a balcony, or on the penthouse level, a spacious roof terrace of up to 20 m², and they benefit from a predominantly bright south/west orientation (detailed daylight analysis can be found in the planning documents).

An elevator from the basement through the parking level up to the penthouse level is planned – in keeping with the upscale location segment. In all, an attractive residential ensemble is created for various target groups (singles, couples, families, seniors), enhancing the rental appeal of each unit and integrating harmoniously into the established urban fabric.

As a direct response to the 2021 Ahr Valley flood disaster, the planning placed the utmost emphasis on flood-resilient construction. The building’s ground floor is deliberately designed as an open parking area, while all residential spaces are located from the first floor upwards. This thoughtful arrangement protects the valuable residential property from potential flood damage and simultaneously meets modern requirements for sustainable, forward-looking urban development.

Key data on the property:

• Location: Ahrstr. 3, Bad Neuenahr, approximately 50 m from the Platz an der Linde (prime location)

• Plot: approx. 415 m² (inner-city area; land value approx. €900/m²)

• Project: Multi-family house with 11 residential units and a parking garage (including demolition of the existing buildings – new construction planning is ready for approval)

• Total living area: approx. 818 m² (according to the building application)

• Residential units: 2- to 4-room apartments (approx. 54–90 m²) + 2 penthouse apartments (each with a large roof terrace)

• Parking: approx. 11 parking spaces in the covered parking level on the ground floor (for all residential units)

• Building permit: Expected to be issued shortly (permit expected in summer 2025; planning phase completed)

• Purchase price (project offer): €1.0 million negotiable (basis for negotiation; sale available immediately – ideally completed by the end of 2025)

A new living environment in the heart of the spa town – safe, modern, future-oriented!

The district of Bad Neuenahr belongs to the district town of Bad Neuenahr-Ahrweiler and is not only known regionally for the devastating flood disaster of 2021, but has always enjoyed an excellent reputation as a spa and health resort with a high quality of life. The events of 2021 led to an unprecedented effort – not merely to rebuild, but to create a new, better cityscape.

The city has responded impressively and used the rebuilding as an opportunity for sustainable, safe, and modern urban development. Today, Bad Neuenahr-Ahrweiler is regarded as a prime example of successful reconstruction, which is still ongoing and is set to soon reveal the district town in a new light.

The entire urban infrastructure – from roads and utilities to public spaces and cultural facilities – is being renewed, upgraded, and designed for the future.

The offered project benefits directly from this development: The Kurpark, one of the city’s most beautiful and storied green spaces, is as well as the Ahr river reachable within a 5-minute walk. Around the property, a completely new lifestyle is emerging, characterized by livable architecture, high-quality public spaces, and the certainty of living in a city that combines relaxation and progress.

The property is located in a prime area directly in the center of Bad Neuenahr, only about 50 meters from the popular Platz an der Linde. This central location offers future residents short distances to all everyday amenities:

Shopping opportunities, supermarkets, bakeries, pharmacies as well as doctors and banks are in the immediate vicinity. The pedestrian zone and spa promenade are easily accessible on foot, as are the thermal bath (currently undergoing reconstruction), the Kurpark, and numerous cafés and restaurants inviting you to linger.

The district of Bad Neuenahr offers excellent infrastructure: the train station and bus connections are also quickly reachable on foot within a few minutes, and via the A61/B9 there is good connectivity to the Rhineland (Cologne/Bonn) and the region around Koblenz.

The region also has much to offer in terms of landscape and culture – the charming Ahr Valley with its vineyards, hiking trails, and the Ahr promenade is practically at your doorstep.

Platz an der Linde itself is a small square with a historic lime tree, considered a meeting point that adds charm to the neighborhood. The combination of urban lifestyle and high recreational value makes this location extremely attractive, particularly for discerning residents.

For investors and developers, the location means value stability and rental security: apartments in the center of Bad Neuenahr are highly sought after, both by owner-occupiers (for example, seniors from the region who wish to live centrally) and by tenants (such as staff from the surrounding clinics/companies, spa guests on a temporary basis, etc.).

The property is NOT located in an officially designated flood zone by SGD Nord. Even during the flood events in 2021, the existing buildings were only affected in the basement area, but not on the ground floor, since the property, although relatively close (300–400 m as the crow flies), is not directly adjacent to the Ahr.

Combined with the urban and infrastructural renewals in the region, this creates a value-stable, well-conceived residential project with a view to the future.

This project is aimed at well-capitalized investors with a long-term buy-and-hold strategy – such as family offices, foundations, or private asset managers – who are looking for a sustainable asset with stable returns. The new construction project is explicitly not designed as a short-term “build and sell” model, but as a value-stable asset with long-term rental potential. Thanks to current tax incentives (§ 7b EStG) as well as the excellent micro-location, this investment offers outstanding prospects for income-oriented investors.

The construction and ancillary costs – including demolition, outdoor facilities, and all cost groups – are expected, depending on execution, to realistically range between €2.5 and 3.5 million. The purchase price for the inner-city plot is to be considered separately; the project planning has been completed. Due to the advanced stage of planning, construction can begin shortly after approval, offering time and cost advantages.

The expected rental income for a high-quality, newly built property (approx. €14/m² net rent) would result in an annual potential income of around €137,000 based on approximately 818 m² of living space, plus parking space rents. Investors also benefit from the special depreciation under § 7b EStG: Up to 28% of the construction costs can be additionally claimed for tax purposes in the first four years on top of the regular straight-line depreciation – a significant lever for increasing the after-tax yield.

Furthermore, the relevant sectoral partial development plan opens up the possibility of implementing the project entirely or partially within the framework of social housing. This optionally allows the project to be executed as a subsidized housing project. In this case, attractive repayment grants of up to 40% of the eligible costs can be provided immediately after completion, as well as additional low-interest loans in the second rank by the Investment and Structural Bank RLP (ISB).

We will gladly provide detailed documents and economic data upon serious interest. Please contact exclusively via: info@pAHRtners.de.

Broker inquiries are expressly not desired.