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For sale: 2 bedroom apartment in holiday park - Germany

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Front with marks
 Front with marks 

€ 59,000

£49,890.40
$65,708.30

For sale: 2 bedroom apartment in holiday park - Germany

I have for sale my 2 bedroom holiday apartment in Hochsauerlandkreis, Germany.
The apartment is part of a holiday park, Medebach Bungalowpark Orketal. The park was built in 1980 and it consists of a few residential buildings surrounded by beautifully landscaped gardens on a large private site situated on the slopes of the Orke brook. All the units have their own independent entrance, private gardens or large balconies and there is private car park for the residents. The units are used as private homes or holiday homes.

The park is very quiet and it is surrounded by absolutely pristine country side and woods.

The apartment is situated in the ground floor; it has 51 square meters of living area, a terrace and 240 square meters of private mature gardens. It has its own private entrance through the garden.

The apartment has two bedrooms (1 double & 1 single), one bathroom, kitchen, living/dinning room and a storage room. (Sleep 6).

Similar units in the area are rented as holiday homes for at least €300 a week, calculating with a 50% occupation this would give a potential yearly income of €7,800 giving a yield of > 13%. Taking in consideration that the occupation may even go till 75% and that the rent in high season is higher the yield may go even to 20%.

The park is located in the Hochsauerlandkreis, a well known touristic area in West Germany.

The apartment is currently rented for 200 Euro a month giving a stable income already. It can be sold as such or the contract with the tenant can be canceled if the buyer wishes to use it himself.

The annual costs (tax, insurance, rubbish bins and sewage fee) are only 360 Euro. Water and heating is not included in this price, this will be charged according to its consumption and is currently paid by the tenant.

The development is only 5 minutes from the beautiful medieval town of Medebach. The town has all the necessary amenities as well a variety of recreational facilities, cafés, restaurants, and within the “Center Park – Hochsauerland” SPA, wellness centre, swimming pools, food courtyard shopping and entertainment areas.

The region is known for country and winter holidays, nearby there is the lake Edersee, the castle Schloss Waldeck, several golf clubs (https://de.leadingcourses.com/europa+deutschland+nordrhein-westfalen/city=medebach/clubs.html), natural reserves, hiking paths, parks with animals, ski slopes (Winterberg being the biggest ski resort in West Germany), fun parks, museums and a lot more...

Apartment

Property ID: 3658

For:
Sale
Type:
Flat
Habitable:
Yes
Condition:
Furnished

Floor area:
51 m²
Built in:
1980
Presently:
Rented
Structure:
Concrete.
No. of bedrooms:
2 Bedrooms

Germany

Nordrhein-Westfalen

Address:
Amselweg, Medebach
Medebach
Close to:
Touristic area, Ski slope, Natural park, Forest.
Setting:
Countryside.

Contact me about this property for sale

Private Seller
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