Large, undeveloped residential building with very favorable leasehold, commission-free

Our community of heirs is offering this spacious house with 236 m² of living space and an extension reserve of approx. 80 m² on a plot of 858 m².

The house was built in 1974 with high-quality materials. It is located in Zeitlarn on the busy Schwandorfer Strasse, with the large terrace and garden facing south and west on the side facing away from the road. Next to the house are two large solid garages with a generous canopy, as well as an external cellar exit.

The walls of the building are made of 30 cm thick vertically perforated bricks, the ceilings are reinforced concrete ceilings with floating screed. The basement walls were bituminously sealed during construction and are still watertight today. Wooden windows with insulating glass panes and plastic shutters, as well as veneer wood doors in steel frames characterize the interior appearance. The staircase and hallway on the first floor feature high-quality marble flooring.

The top floor is accessed via the main staircase, has a balcony and all connections, but has not yet been developed. The associated expansion reserve is approx. 80 m² of living space, depending on the expansion. There is a basement under the house, which protrudes from the ground on the west side. This provides natural light for a large, heated hobby room. Overall, the property is in largely original condition. No unprofessional installations or conversions with foreign materials were carried out.

On the first floor there is a large living room, a kitchen, a guest WC and two further rooms. There are 5 rooms and a bathroom on the upper floor. In addition to the aforementioned hobby room, the basement houses the boiler room, the tank room, the laundry room with shower and two large cellar rooms.

According to current legislation (GEG), no energy efficiency measures need to be carried out on either the building envelope or the building technology. The large oil tank offers the opportunity to buy at favorable times and then have several years of supply security. In the current times of turbulent markets and large price jumps, this is an advantage that should not be neglected.

Investments in the house are currently only to be made at the owner's discretion and are not due to any ideological laws.

The property is owned by the church. The leasehold contract runs until 2058 with extremely favorable conditions. According to the leaseholder, an early extension is possible. After the leasehold expires, there is a pre-leasehold right. If the land is returned to the leaseholder at the end of the lease term, the leaseholder must purchase the residential building from the leaseholder.

At the current interest rate of approx. 3.0%, the annual rent of EUR 170 corresponds to a financing value of just under EUR 5,700. This means that the land costs are far below the costs that would be incurred if the land were purchased. This leasehold model is therefore an extremely cost-effective way of using a very large house on a very large plot of land in the long term, at least for the next 33 years.

In our view, the overall offer is a very good one for anyone who needs a lot of space for family and hobbies or (part-)commercial activities. Add to this a healthy amount of craftsmanship to design the interior piece by piece according to your own ideas, and you have an almost ideal constellation at an unbeatable price.

The property is located in Zeitlarn, a town north of Regensburg with just under 6000 inhabitants. Regensburg city center is 9 km away and can be reached by car in 10-15 minutes. Several bus lines connect Zeitlarn with Regensburg, the bus stops are within walking distance.

The kindergarten and elementary school are within walking distance, as are the pharmacy, bank, bakery and supermarkets.

The municipality of Zeitlarn is located on the outskirts of the World Heritage city of Regensburg, on the banks of the river Regen, and is a popular recreational area ideal for hiking, cycling and walking.