Saarland
Germany

Land: 60,000 sq. m

This object was offered firstly in our newsletter

ID: HP1220

for Sale: Former Monastery and 60,000 sq. m land Saarland - Germany

General Information:

It is a former monastery in Saarland, including 60,000 sq. m of surrounding land that may be partially cultivated.

The monastery is in very good condition. Partly because of the beauty of the monastery church built (opened 1952) enjoys this property very much prominence in the area. There is ample parking and with the object is a (rented) house. The property has great potential for further development. The property was purchased in 2010 with the aim of exploiting.

The theoretical value of the property in late 2004 is set at € 2.8 million. (Report available). It was valued at approximately 9900 sq. m (low) € 50 per sq. m (Hof-und Gebäudefläche), the remaining 50,000 sq. m at approximately € 1.00 per sq. m. Because the city already has raised no objection to the development of construction projects on a much larger part of the area (30,000 sq. m), the value of the property now significantly higher.

Some interesting opportunities for developers:

• On various parts of the construction land can be developed. The owner already has the municipality presented plans for a complex of 36 luxury apartments for senior citizens. The area around the monastery has room for three of these complexes. The municipality has no objection raised. For a project developer, this is an interesting possibility.
• To render the plot it is possible for some locations to generate renewable energy (solar and wind energy). The energy is for very long term at a guaranteed rate to the power supplied. These projects are funded almost entirely by specialized banks.
• To the convent building there are several possibilities. There is already a building plan ready for conversion into senior houses. It is up to the investor to this interesting and supported by the municipality concept weather or not to carry out.
• Without major alterations to parts of the monastery such as office use. The church can be rented separately such as an exhibition space or for cultural events, but can also be used as storage.
• The property is situated on a hill near a train station (500m) and an airport. Luxembourg is about 70km, the border with France 20km .

The price does not include the building plans.

More information available after signing a NCND agreement.

 

Price:
€ 2.000.000,-

 

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