House for sale • 320 m² without real estateMühlenweg 12, , Rhineland-Palatinate

Modernized multi-family house with 8 residential units in Oberwesel-Dellhofen

Ideal for capital investors, holiday rentals, or mixed concepts

For sale is a fully core-modernized multi-family house with eight modern, self-contained residential units in the Dellhofen district of Oberwesel, located only about 4 km from the Rhine and the city center.

The property was comprehensively modernized in 2025 and outfitted with high-quality features – from electrical systems and heating to bathrooms, windows, and flooring. A permit for short-term rental is in place, allowing the house to be flexibly used for contractor accommodations, holiday guests, or classic long-term tenants.

Currently, approximately €6,000 per month is generated through contractor rentals; three units are now available for new long-term tenancy. One apartment is permanently rented to a cleaning staff member who takes care of the property’s maintenance and upkeep. She pays a monthly rent of €1,000.

Income and Usage Potential

1. Contractor Rental (currently in operation)

Already fully equipped for short-term rental.

Achievable rental income: approx. €9,000 per month at full capacity (20 beds at approx. €15 per day).

2. Holiday Rental / Mixed Concept

The proximity to the Loreley and the UNESCO World Heritage Upper Middle Rhine Valley opens up strong tourist potential.

With high-quality furnishings, whirlpools, and balconies, a premium segment can be targeted.

Daily rates of €100 – €150 per unit are common in the market.

3. Classic Long-term Rental

Long-term net cold rents of approximately €600 – €650 per apartment are realistic.

Total income: around €5,000 per month at full occupancy.

The current tenant (cleaning staff) additionally secures a lasting operational advantage by ensuring on-site care and maintenance of the property.

Location

Dellhofen is a quiet district of Oberwesel on the Middle Rhine, a popular tourist region with excellent demand from vacationers, hikers, and skilled professionals.

Good accessibility, intact infrastructure, and proximity to the Loreley, the Rhine, and the Middle Rhine Valley make the location attractive for diverse target groups.

Equipment & Highlights

• 8 fully furnished residential units, each with a separate entrance and electricity meter

• Approx. 20 beds with current full furnishing

• 5 balconies/terraces with a view of the greenery

• Large communal garden area

• 5 garages with direct access

• 5 jacuzzis already installed

• Preparation for up to 3 saunas

• Oil central heating, hot water via instantaneous water heater

Each apartment has been equipped with high-quality kitchens, modern bathrooms, fine plaster finishes, and uniform tiling. The furnishing was carried out in an elaborate manner – with an investment volume of about €15,000 per unit.

Renovation Measures (completed in 2025)

• Renewed electrical systems and windows

• Completely new bathrooms and flooring

• Modern concrete staircase

• Attic insulation

• Redesigned layout

• High-quality interior finish with fine plaster instead of wallpaper