Reconstruction of an multi-family home, Beselich, Germany
Beselich, Regierungsbezirk Giessen, Hesse, Germany
Property ID: 31066136
Summary Data
| Price | £962,918 |
| Price Type | For Sale |
| Bedrooms | 10 - Bed |
| Bathrooms | 3 - Bath |
| Plot Size | 2083m2 |
| Building Size | 398m2 |
| Sector | Residential |
| Type | Houses |
| Subtype | |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
Built in 1998 in solid construction this multi-family home is located on a 2.100 m² plot. It was formerly used as a single family home with a flower shop and a greenhosue attached. However, the building was severely damaged in a fire, causing the owner to relocate. It has now been redesignated for solely living purposes. An architect was tasked with the reconstruction. The insurance company covers for the caused damage and a significant amount (324.000,- €) have already gone into the reconstruction.
The current rent is 39.000,- € p.a.
Post reconstruction the property will hold a potential of up to 126.000,- € p.a. of rental income.
Due to its size and the way the building is being constructed - it offers a broad number of options as to how it can be used - from an exclusive single family home, over a multigeneral home, working and living under the same roof or as an investment property with multiple living uints - everything seems promising.
An agent's commission in the amount of 3.57 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.