6.11% Return: Historic building investment property with excellent cash flow and significant tax advantages (depreciation benefits for listed buildings).

For sale is this impressive and exceptionally solid residential and commercial building, located in a prime, central location in the heart of Plettenberg. The property is fully protected as a historical landmark and combines historical charm with excellent financial performance. With a projected gross rental yield of over 6.1% and a highly attractive purchase price factor of only approximately 16.3, this property offers a first-class opportunity for institutional investors, family offices, or private investors who value a strong, recession-proof cash flow. A particular highlight for investors: the spacious and high-quality unit on the top floor (approximately 155 m², including office space) will be handed over completely ready for occupancy and without any rent. Due to the renovation that was only completed 3 years ago, including underfloor heating, this unit can be immediately re-let at absolute top prices on the market (projected target rent: approximately €1,050.00 per month, excluding utilities). The remaining units on the ground floor and in the attic, as well as the 3 parking spaces at the front of the building, provide a solid, established base and secure the investment from day one. Detailed breakdown and rental income:
Ground floor (approximately...) 170 m²): Well-designed commercial/residential unit | Completely renovated approximately 10 years ago | Target rent: €1,400.00 per month (net).
Upper floor (approx. 155 m²): Spacious premium living space + office | Comprehensively renovated 3 years ago, including a comfortable underfloor heating system | Available immediately upon handover, allowing for immediate re-rental (estimated target rent: approximately €1,050.00 per month).
Attic (approx. 140 m²): Cozy living unit | Let on a long-term and stable basis | Target rent: €550.00 per month (net).
Outdoor parking spaces: 3 spaces on the street side | 3 x €40.00 = €120.00 per month.
Significant tax advantages due to historical preservation status: As the property is fully protected as a historical landmark, it offers excellent opportunities for maximum tax depreciation (historical building depreciation) on future maintenance work – an ideal tax lever for high earners. An energy performance certificate is not required by law.

The property is located in a prime and highly trafficked area, right in the city center of Plettenberg. All essential shops, doctors, government offices, and restaurants are within walking distance. Furthermore, the parking situation on the street guarantees a consistently high occupancy rate and makes the parking spaces in the city center a secure investment.