Apartment house in city Bad Lauterberg
1080.00 sq.m.

€ 250 000

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Offers a profitable apartment house with garages and large plot in the holiday region of Germany.

Forced sale!

property Description:

the Proposed facility is located in bad Lauterberg, Federal state of lower Saxony.

bad Lauterberg is located in the heart of Germany, within the National nature Park of the Harz. 

This is one of the most picturesque mountain resort towns of the Harz, famous saline springs and clinics, especially recommended for people with problems of the circulatory system and diseases of locomotor apparatus. Has an excellent infrastructure and is very popular with tourists.

Many tourists and local residents of Germany come to the Harz, to enjoy the mountain and forest landscape, relax or improve their health in a quiet idyllic location away from the noise and pollution of big cities.

In winter, Harz, becomes a Mecca for ski lovers.

the Apartment house is located on a private land plot of 1.000 approx. m2 which is also on sale and is already included in the stated price.

In the vicinity of the facility is a school, kindergarten, branches of several major German trade

networks, banks, pharmacy and other necessary infrastructure for life.

the Property is located in a place with very convenient transport links.

a 10-minute walk to the main train station.

the four massive the house has a living area of approx. 825 m2 there are 14 apartments:


  • ground floor apartment of approx. 80 m2

  • the
  • the first floor has three apartments with an area of approx. 75, 75 and 50 m2

  • the
  • second floor three apartments with an area of approx. 75, 75 and 50 m2

  • the
  • on the third floor three apartments with an area of approx. 75, 75 and 50 m2

  • the
  • in the attic four apartments with an area of approx 35, 32, 38, and 40 m


Central heating. Flooring - laminate, carpet, tile.

the Windows are plastic double-glazed Windows.

Available services of water, Sewerage, electricity, Internet and telephone.

In the basement are rooms for drying clothes, storing bicycles and prams, technical premises.

Each apartment belongs own basement.

Near the house there are enough places for Parking of the owner or tenants.

Object owns four capital garage, located on its territory.

there is enough space for walking, playing with children and pleasant stay.

Based on the available information, some areas in the house require a redecoration.

the Volume of repair depends on the wishes and creative ideas of the new owner, which can be calculated in a short time with the help of specialists of our company.

in addition, we can arrange the repair works.

According to the seller, at the moment, 7 of the 14 apartments of the house are rented out for long term and bring approx. 27.500 Euro annual income.

On the basis of the average cost of renting in the area, with proper management and full lease, this property can bring about 85.000 euros of annual income.

rental of garages belonging to the object, may additionally get another 2.500 EUR annual income.

Given that the proposed property is located in the resort area which annually visited a large number of vacationers and tourists, daily rent apartments, gives you the opportunity to significantly increase the profitability of the given object.

the New owner can dispose of property at its sole discretion -to live in it himself, to manage the estate, to lease it or to find the responsible administrator.

currently, the property is situated in the external competitive management and will be sold to a new investor directly by the Bank through the courts.

It's offered by the Bank on the residual value will be transferred to the new owner absolutely without any debts.

According to specialists of our company, during a court auction price may be further reduced by 10-15%, which further increases the investment attractiveness of the object.

Our company is ready to render all necessary services on negotiations with the court and with the seller-owner, competent legal registration and after sales management of the property.

including on registration of a possible residence permit.

the Distance to Magdeburg: 115 km (approx. 1 hour by car)

the Distance to Hannover: 125 km (approx. 1 hour by car)

the Distance to Leipzig: 175 km (approx. 1,5 hours by car)


bad Lauterberg city in Germany, located in lower Saxony within the National nature Park of the Harz.

the Harz national Park amazes tourists with natural beauty, picturesque landscapes, clean air and, of course, many interesting and varied attractions. In a mountain gorge, on mount Brocken, according to the local legends, Walpurgis night gather on the Sabbath witches and evil spirits. All institutions located on the mountain and near it there is an atmosphere of witchcraft. Various dolls in the image of witches, vampires, and attributes of evil at every step.

At the foot of the mountains, in the place where the river Bode flows from the Bodetal gorge, between cliffs, is the small town of Thale (Thale) (Harz national Park). Bodetal gorge, surrounded by cliffs, is quite tortuous. It in Germany is called the "Grand canyon". At the exit of the gorge, on the banks of the river, along it is a rope Park. Sign in from the opposite station of the chair lift.

Here are the station of the cable cars, amusement Park and rides. Part of the amusement Park located on one side of the river, and the second on the other. The Park has attraction called "witch's broom", for children experiencing a passion for roller coasters, minigolf, trampolines and, of course, cafés.

Gondola, delivering travelers on one slope of the mountains, called "the dance floor for the witches" is quite unusual, as the floor in the cabin / gondola is transparent and allows the passengers to see the canyon from a bird's flight. On the top of the slope there is a viewing platform – the "mountain" of the theatre, the tramway, Park and deep gorges. On the other slope of the gorge leads chairlift.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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