Modernized Pension with 5 Rooms & 2 Apartments

This modernized pension in Grünburg offers a rare opportunity for investors, operators and investors who are seeking an existing property with ongoing income and verifiable revenue figures.

The building was originally erected around 1950 and comprehensively modernized in 2019. The measures carried out essentially correspond to a core renovation and form a solid foundation for the continued operation. With a usable floor area of approximately 337 m², the property connects an ongoing pension operation with two additionally fixed rented apartments. This creates a particularly interesting combination of tourist use and regular rental income.

The pension is currently in operation. Precise revenue figures are available and can be provided upon serious interest. Especially for prospective buyers who are looking for an existing investment property with verifiable return, a request is worthwhile.

Inside, the property is functional and clearly laid out.

• The pension area comprises a total of five guest units, consisting of four rooms with a double bed and one apartment.
• Each room has its own modern bathroom.
• The operation is complemented by two fixed-rented apartments on the ground floor with approximately 45 m² and approximately 73 m².

Due to the practical layout of the rooms there is also the possibility to convert the 5 rooms into 3 separate apartments and run the property primarily as a passive income property.

The building extends over three floors. The basement provides practical storage spaces. On the ground floor, in addition to the apartments, there is also a bicycle storage room and cellars for the tenants. These ancillary spaces support both the ongoing pension operation and the long-term rental.

The equipment is also designed for long-term use. The windows are equipped with shutters, heating is via gas heating on radiators. The monthly operating costs of the pension are approximately €615. Directly at the property there are seven parking spaces, which is a clear advantage for both guests and tenants.

This property is particularly suitable for buyers who not only want to acquire a building, but an existing, already running concept with revenues, structure and development potential. The combination of pension, fixed-rented apartments, existing revenue figures and modernized building substance makes this property a exciting opportunity for yield-oriented buyers. Do you want to visit? SuchAgents enables you to schedule viewings 7 days per week.

This property is offered non-binding and without obligation.

The information is based on information from the owners, therefore we do not warrant. We operate as a dual agent.

SuchAgents mediates digitally and makes contact as well as documents available; viewings take place directly with the owners. Upon contract closure we charge a commission of 2% of the purchase price plus VAT; for viewings through our advisor 3% plus VAT.

SuchAgents supports you from the initial contact to the handover of the property.