Comfortable & Barrier-Free Living on the Island of Rügen

Completed in spring 2023, this residential complex features five three-story buildings, offering a total of 43 apartments and three commercial units. In addition to the eight garages, the complex also boasts 36 parking spaces, all of which are currently rented out.

The heating system is a hybrid model with a gas heat pump and solar thermal energy on the roof. There is also an electric water heating system.

The property is fully let with a waiting list of prospective tenants, allowing for seamless re-letting at approximately €13.20 per square metre pcm. Currently, the average rent is €11.37 per square metre pcm. The property has not yet been subdivided into condominiums and is being sold in a share deal. The apartments are not approved for use as vacation rentals.

Situated on the picturesque island of Rügen, the residential complex is ideally located between the Baltic Sea and the Great Jasmund Bodden in northern Germany.

Price: EUR 12,000,000, plus 7.14% commission (incl. VAT)

Lettable space: 3,389 sqm

Net annual rent: EUR 513,212

Information acc. to energy performance certificate: energy consumption 20.53 kWh/(m²a), energy efficiency class A+, natural gas, built in 2021

(Please quote property reference number 52990 when making your enquiry)