$1,819,881

In the municipality of Wangerland, around three kilometers from the North Sea coast as the crow flies, there is an approved vacation resort with currently nine vacation apartments and a resilient revenue base. In recent years, the resort has reliably generated an annual turnover of around € 155,000. After the takeover, a revenue path to approx. € 180,000 p.a. can be realized in the short term via two specific adjustments; we will explain the details in a discussion. There is also potential for higher occupancy rates. A development plan is available and will be presented at the meeting. The ensemble combines substance, history and energy efficiency: the main building and outbuildings (1969; Hotel Garni until 2021) now house nine vacation apartments, a breakfast kitchen, laundry and a conservatory (2000). An extension from 2003 adds two more units and a solar thermal system. Between the main house and the apartment building is a warehouse with photovoltaics built in 2008 and rented out on a long-term basis. A three-party house was added in 2012, which is almost self-sufficient thanks to photovoltaics, liquid gas and split air conditioning systems (heating/cooling); excess PV energy is fed into the grid. The operation was largely owner-managed and only supplemented by a small number of staff. Cleaning was carried out partly by the owner and partly by staff. Based on experience, fixed costs are around € 20,000-30,000 p.a. (variable depending on the future operator concept). A "soft" handover is assured; the high regular guest rate and advance bookings for the following year can be taken into account. The floor space structure is comprehensible: 608.60 m² living space and 234.09 m² usable space (total 842.69 m²; according to owner/plans). The apartments have modern bathrooms with showers, fully equipped kitchens, TV and WLAN; a fiber optic cable provides up to 300 Mbit/s. Efficient climate and energy management is ensured by split air conditioning systems (heating/cooling), a gas condensing boiler for the main complex and a liquid gas system for the 3-party house. The energy infrastructure includes photovoltaics with a total of 60 kWp (2010: 30 kWp, 2012: 30 kWp) and solar thermal energy of approx. 23.5 m² (2003). Wastewater is disposed of via a small sewage treatment plant (2009) with an upstream three-chamber sewage treatment plant (2012); serviced in 2019 and approved for a further 15 years. The site is under video surveillance. There are 13 parking spaces and a mobile wallbox for guests (charging capacity on request). Outside there are terraces, a jetty, pond and several barbecue areas; a log cabin (5 × 5 m) completes the offer. The warehouse covers approx. 168 m²; three robotic lawnmowers take care of the open spaces. The location in Wangerland offers short distances to coastal towns and maritime destinations. Extensions are possible, subject to approval: up to eight additional vacation apartments on the adjacent open space included in the offer; alternatively camping/tent use; additional living space through new construction/conversion in the warehouse area; the main house can also be expanded to include a restaurant/café or a small hotel, thus creating a further source of income from day guests. We would be happy to present the facility to you on site, explain the development plan, booking history, cost structure and the two parameters for the revenue path to approx. 180,000 € p.a. and discuss the optimum operating strategy for your entry.

Amenities

• Bedrooms: 14
• Full Bathrooms: 14
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1969
• Built in 1969
• Home size: 6,550 ft² / 608.51 m²
• MLS: 25284024
• Status: Active