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Historic Investment Property for Sale – Prime Location in Plauen - Germany
- Current bid
- Status
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Total bid amount
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Total bid amount
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Max bid amount
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Max bid amount
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Lot specifications
- Quantity
- 1
- Margin
- Yes
- City
- Plauen
Description
Historic Investment Property for Sale – Prime Location in Plauen, Germany
An exceptional investment opportunity in the beautiful city of Plauen, Germany. This four-story historic building offers approximately 600 sq.m. of residential space and is situated on a 195 sq.m. plot, including a private rear courtyard of approximately 50 sq.m. The property also benefits from a spacious 150 sq.m. basement, providing ample storage or additional utility space.
The building is officially listed as a protected cultural heritage property, offering not only unique architectural character but also potential access to government grants, subsidies, and tax incentives for renovation and restoration projects, subject to applicable regulations.
The roof has been renovated recently and is in excellent condition with no leaks. While the property requires interior renovation and modernization, it presents outstanding potential for redevelopment and reconfiguration according to the buyer's vision.
The building is ideally suited for a variety of investment projects, including: Boutique or family-run hotel
Guesthouse or boarding house
Senior living or assisted care facility
Residential apartments for long-term rental
Mixed-use residential and commercial development
A significant advantage is the possibility of installing an elevator within the existing stairwell area, further enhancing the property's functionality and value.
Key Features:
600 sq.m. residential area
150 sq.m. basement
Four-story building
195 sq.m. plot
Approximately 50 sq.m. private courtyard
Recently renovated roof
Listed cultural heritage property
Potential eligibility for government renovation funding and tax benefits
Possibility to install an elevator
The building is officially listed as a protected cultural heritage property, offering not only unique architectural character but also potential access to government grants, subsidies, and tax incentives for renovation and restoration projects, subject to applicable regulations.
The roof has been renovated recently and is in excellent condition with no leaks. While the property requires interior renovation and modernization, it presents outstanding potential for redevelopment and reconfiguration according to the buyer's vision.
The building is ideally suited for a variety of investment projects, including: Boutique or family-run hotel
Guesthouse or boarding house
Senior living or assisted care facility
Residential apartments for long-term rental
Mixed-use residential and commercial development
A significant advantage is the possibility of installing an elevator within the existing stairwell area, further enhancing the property's functionality and value.
Key Features:
600 sq.m. residential area
150 sq.m. basement
Four-story building
195 sq.m. plot
Approximately 50 sq.m. private courtyard
Recently renovated roof
Listed cultural heritage property
Potential eligibility for government renovation funding and tax benefits
Possibility to install an elevator
Additional details
• It is an auction only by auction. No exit is organized;
• During the auction, active bidders may be contacted by telephone or in writing to verify bids and to request a bank statement. This serves to protect both the bidder and the bidding process. It is therefore important that bidders can be reached during the auction. Troostwijk reserves the right to block accounts and remove bids. In that case, a bidder who was previously the highest bidder but outbid can then become the highest bidder again and be kept to the bargain.
• After the client has been awarded, the entire purchase price (100%) must be paid within 48 hours;
• After receipt of payment, the purchase agreement is drawn up by a local notary;
• Taxes are levied on the purchase price according to Bulgarian laws and regulations;
• Payment of the other costs must be made after signing the purchase agreement;
• Please note: a bid placed is unconditional and irrevocable;
• 21% VAT is charged on the auction costs;
• This sale comes with an 'as is, where is' clause;
• The terms and conditions of use and the legal relationships that arise with regard to the auction are governed by Dutch law;
• Troostwijk Auctions Real Estate
• Overschiestraat 59
• 1062 XD Amsterdam
• realestate@troostwijkauctions.com
• Tel. +31 (0)85 -107 43 03
