Price Reduced:
Mixed use property in Germany with 5 apartments (all rented) and 1 restaurant (vacant).
Spread the balance over 15 years.
No mortgage required.
No interest payable.
Priced at €565,000 and payable over 180 months at only €3,138 per month.
The current rental income for the 5 apartments is €3,530 per month.
Highlights:
Located in Germany and very close to the border with The Netherlands.
5 apartments (all rented).
1 restaurant.
There have been plans made by a local architect to transform the restaurant into four 1 bedroom apartments.
High demand for housing in the area.
Location:
Village location in the municipality of Weeze, close to the local supermarkets and amenities.
4 minutes drive to Weeze Airport.
8 minutes to Weeze train station.
35 minutes drive to the city of Duisburg.
45 minutes drive to the city of Dusseldorf.
50 minutes drive to the city of Essen.
55 minutes drive to the city of Eindhoven in The Netherlands.
1 hour 15 minutes drive to the city of Dortmund.
1 hour 20 minuted drive to the city of Utrecht in The Netherlands.
1 hour 40 minutes drive to the city of Rotterdam in the Netherlands.
1 hour 45 minutes tot he city of Antwerp in in Belgium.
2 hours drive to the city of Brussels in Belgium.
Germany is one of the most stable countries in Europe with a very high % of renters (home ownership is very low). The property is only a few km from the Dutch border where the shortage of housing is a crisis. The property is very near the fast growing airport Weeze (RNR).
The property lays in a picturesque location in the Niederrhein region between the economic areas of the Ruhr, the Rhineland, Eastern Holland and the Benelux countries.
Mietkauf / Rent to Own in Germany:
Mietkauf, the rent-to-own property option in Germany, offers a beacon of opportunity and empowerment for aspiring homeowners.
One of its most enticing features is the way monthly installments actively chip away at the property's balance, inching buyers closer to full ownership with each payment.
This gradual approach not only makes homeownership more accessible but also instills a sense of tangible progress and achievement with every passing month.
What truly sets Mietkauf apart is the promise of eventual ownership; once the property is paid off, it becomes the rightful possession of the buyer, a testament to their dedication and perseverance. Moreover, the flexibility inherent in this arrangement allows buyers to capitalize on their investment potential by renting out the property during the term.
The ability to utilize rental income to aid in paying off the balance not only eases financial burdens but also cultivates a sense of financial savvy and resourcefulness. In essence, Mietkauf embodies the spirit of empowerment, providing a pathway to homeownership that is not only feasible but also enriching in its journey toward ownership.
About Weeze Wembs
Weeze Wembs, located in the picturesque Lower Rhine region of Germany, is a hidden gem brimming with charm and potential. This quaint village offers a unique blend of serene countryside living and convenient access to bustling economic hubs, making it an ideal place for both relaxation and business.
Economy
Weeze Wembs benefits from its proximity to several thriving economic centres. The region boasts a robust local economy supported by agriculture, small businesses, and tourism. Additionally, its closeness to the larger towns of Weeze and Kevelaer provides residents and visitors with ample employment opportunities and access to a wide range of services and amenities.
Things to Do
The village itself is surrounded by lush landscapes perfect for outdoor activities such as hiking, cycling, and bird-watching. The nearby Maas-Schwalm-Nette Nature Park offers extensive trails and scenic spots for nature enthusiasts. For those interested in history, the Schloss Wissen, a stunning moated castle, provides a fascinating glimpse into the past and hosts various cultural events throughout the year.
Places to Visit Nearby
Just a short drive from Weeze Wembs, the town of Kevelaer is a renowned pilgrimage site, attracting visitors to its beautiful Basilica of St. Mary and vibrant town center. The historic town of Xanten, with its impressive Roman archaeological park and medieval architecture, is another must-visit destination nearby. Additionally, the vibrant city of Düsseldorf, known for its fashion industry and modern art scene, is within easy reach and offers a plethora of shopping, dining, and cultural experiences.
Proximity to Airports
Weeze Wembs enjoys excellent connectivity thanks to its proximity to Weeze Airport, a mere 15-minute drive away. This convenient airport offers flights to various European destinations, making travel easy and efficient. For more extensive international travel options, Düsseldorf International Airport is also accessible within an hour's drive, providing connections to major cities around the world.
Nearby Towns and Cities
In addition to Düsseldorf, other notable nearby German cities include Duisburg, with its rich industrial heritage and modern attractions, and Essen, home to the renowned Zollverein Coal Mine Industrial Complex, a UNESCO World Heritage Site. The Dutch cities of Nijmegen and Venlo are also within easy driving distance, offering an exciting opportunity to explore neighboring countries and their distinct cultures.
Weeze Wembs stands out as a tranquil yet strategically located village that offers a high quality of life. Whether you’re seeking economic opportunities, recreational activities, or easy access to major urban centers and airports, Weeze Wembs is a place where you can truly enjoy the best of both worlds.