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Exceptional renovation and development opportunity in a quiet location near the center of Kulmbach.

Wolfskehle 52, 95326 Kulmbach – Bayern
395.000 €
6
Room
180 m²
Living Area
3,848 m²
Plot Area
Private offer
House
Multi-family house

Exceptional renovation and development opportunity with diverse potential uses in Kulmbach.

The property, covering approximately 4,000 m², consists of a building and courtyard area of about 1,200 m², which is largely level, and a sloping plot of around 2,600 m² that was previously used as a beer garden and is currently classified as woodland.

Located on the front portion of the property is a building complex approximately 50 meters long, comprising residential units, a bar, workshops, garages, and extensive storage space. According to the owner, the existing structure offers potential for up to three spacious residential units for a skilled renovator.

Alternatively, it is possible to redevelop, subdivide, or build new structures on the existing developed area at the front of the property, for example, with an apartment building. This property is particularly suitable for experienced renovators, construction companies, investors, and project developers.

Are you interested in this house?

Object Number
OM-483882
Object Class
House
Object Type
Multi-family house
Is occupied
Vacant
Handover from
By arrangement

Purchase price & additional costs

purchase price
395.000 €
Purchase additional costs
approx. 19,196 €
Total costs
approx. 414,195 €

Breakdown of Costs

Purchase price 395.000 €
Real estate transfer tax 13,825 € (3.50%)
Notary costs 3,558 € (0.90%)
Land register entry 1,813 € (0.46%)
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: 1,662€

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 4.31%

Details

Condition
In need of renovation
Number of floors
2
Usable area
100 m²
Bathrooms (number)
1
Bedrooms (number)
1
Number of garages
3
Number of carports
1
Flooring
Parquet, Laminate, Carpet, Tiles, Other (see text)
Heating
Other
Equipment
Balcony, Terrace, Garden, Basement, Fireplace
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, High school, Public transport

Information on equipment

The building complex, which has grown over decades, includes:

– A residential area dating back to the 1960s,
– A historical section from the early 20th century,
– A bar and restaurant area that was newly constructed in 1992,
– Workshop and garage spaces,
– Extensive ancillary rooms, and
– A storage area spread over three levels, estimated to be 200 to 300 square meters.

The bar area was renovated in 2019. This included the renewal of the sanitary facilities, including a completely new men's restroom.

The property offers parking for approximately 20 vehicles.
Even during periods of intense summer heat, large parts of the building remain pleasantly cool.

Location

The property is situated in a quiet and green area at Wolfskehle 52, just about two kilometers from the center of Kulmbach. The location offers peace and privacy, while still providing easy access to the city.

A bus stop is located right next to the property. Shops, services, and the center of Kulmbach are easily accessible.

Location Check

Nearest places
Nearest places

Energy

Main energy source
Electricity

Miscellaneous

This property is explicitly offered as a property in need of renovation and development, and should not be considered a ready-to-occupy residence. In particular, the historical central section requires significant structural repairs and is partially supported.

Previous roof leaks caused by storms have been repaired. The basement area has a known history of flooding. Potential buyers should have the condition of the structure, roof, moisture levels, and drainage assessed by their own qualified professionals.

All area measurements are approximate. Any division of the land, changes in usage, and the nature and extent of any potential new construction require review and approval from the relevant authorities.

The energy performance certificate is currently being prepared. The legally required information will be added as soon as it is available. Viewings will be arranged once the energy performance certificate is available.

Broker inquiries not welcome!

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