House for sale • 1000 m² without real estateHauptstraße 8, , North Rhine-Westphalia

Ideal for savvy investors and/or a craftsman business. Former guest town, currently 15 rooms with expansion reserve/potential for 35 more rooms, loft apartments, use as offices, physiotherapy practice, Garni hotel, café, or single apartments. Best location in town, the potential for operating a Garni hotel is very high. The property needs to be completely renovated. Historic property depreciation applies. It is a listed building. Due to monument protection, significant tax advantages can be claimed for renovation and refurbishment work. For rental purposes, costs recognized by the monument authority can be fully depreciated over 12 years (100%) and at 90% for owner-occupation, with high revenues expected.

The owner is willing, if presented with a convincing concept, to defer up to 50% of the purchase price to a company from the construction industry or another investor.

Private sale, no commission, deferral of up to 50% of the purchase price with moderate interest if the concept is convincing.