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High-yield house in need of renovation in Kempten (Allgäu)

Memmingerstr. 21, 87439 Kempten (Kempten (Allgäu)) – Bayern
1.290.000 €
15
Room
426 m²
Living Area
495 m²
Property
Private offer
house
single-family house

The "Villa Kussebäck" project is now ready for realization.

www.villa-kuss­ebaeck.de
with complete exposé

Over €1 million profit potential

- Contemporary and lucrative refurbishment project adapted to the current market phase.

- Top city location in Kempten im Allgäu.

- Fully developed project: building permit for 426 m² living space available

- Historic house in need of renovation on a 495 m² plot with garden area

- Selling price after renovation approx. € 2.65 - 3.30 million

- Renovation costs approx. 780,000€

Villa Kussebäck is a highly profitable refurbishment project in beautiful Kempten (Allgäu), which has been specifically tailored to the current market situation and thus offers enormous profit potential even in times of high interest rates.

The profit potential of a renovation project depends on various factors. The starting point for the calculation is always the forecast sales price. Subtracting the calculated investment results in the potential profit. Even in the current market situation, there are highly lucrative refurbishment projects, for which sound market analyses and planning in advance are essential.

Before the "Villa Kussebäck" project was launched, there was an intensive exchange with local architects and estate agents, with the result that many wealthy potential buyers in the Allgäu are looking for a unique property, often as a combination of family and commercial use.

A highly qualified team of architects, structural engineers and energy consultants with experience of old buildings was put together. The building was gutted and restored to a condition in which the entire substance could be inspected.

Villa Kussebäck was then planned precisely to meet the wishes of this financially strong target group. The vision is to create an ultra-modern, energy-efficient and historic building that offers plenty of living space for a family and at the same time a self-contained unit for rental or commercial use.

The "Villa Kussbäck" project is now ready to be handed over to a developer or renovator for realization.

A complete exposé with sales price can be found here:

www.villa-kussebaeck.­de

Are you interested in this house?

Object Number
OM-306862
Object Class
house
Object Type
single-family house
Is occupied
Vacant
Handover from
immediately

Purchase price & additional costs

purchase price
1.290.000 €
Purchase additional costs
approx. 60,355 €
Total costs
approx. 1,350,354 €

Breakdown of Costs

Purchase price 1.290.000 €
Real estate transfer tax 45,150 € (3.50%)
Notary costs 10,067 € (0.78%)
Land register entry 5,138 € (0.40%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 4,352€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.06%

Details

Condition
in need of renovation
Number of floors
3
Number of garages
3
Number of parking lots
2
Heating
other

Information on equipment

A complete exposé with sales price can be found here:

www.villa-kussebaeck.­de

Location

Steeped in history, Kempten is one of the oldest cities in
cities in Germany and the economic and cultural
cultural center of the Allgäu. With a history that
dating back to Roman times, Kempten offers a unique mixture of
unique mixture of historical charm and modern
modern infrastructure.
The city is easily accessible via the A7 and A980 highways and
the federal highways B12 and B19, the town has excellent
to the national transportation network.
The proximity to the Alps and numerous
and numerous leisure activities in the countryside make Kempten
a popular destination for tourists and outdoor
outdoor enthusiasts.

A complete exposé with sales price can be found here:

www.villa-kussebaeck.­de

Location Check

Restaurants
50m
Einkaufen
200m
Sport
200m
Mobilität
100m
Medizin
200m
Nachtleben
250m
Kultur
150m
Natur
450m

Energy

Main energy source
air/water heat

Miscellaneous

A complete exposé with sales price can be found here:

www.villa-kussebaeck.­de

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Commission: No commission for buyers

Offer from: Dr. Joachim Vahl