Altenburg, Jungferngasse 19

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Net rental income 18,000 euros/year

Location: Altenburg
Region: Thuringia
Type: Residential building for 1 family
Investment option: Income Property
Yield: 10,6%
Property Status: Tenant Search after Renovation (2025)
Price: 170 000 Euro

Project details

detal
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Land area 392 m²
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House area 100 m²

Gem by the Castle: Two Houses, One Courtyard

A unique offer in the historic heart of Altenburg. You are acquiring not just real estate, but a finished, freshly renovated product. The main house underwent a full renovation in 2025—meaning no repairs for you in the coming years. As a bonus, there is a guest house, ideal for renting out or hosting visitors.

Technical Specs:

  • Complex: Main House (100 m²) + Guest House (70 m²).
  • 2025 Renovation: New electrics, plumbing, modern interior finish, new bathroom with shower.
  • Layout: Main house – eat-in kitchen downstairs, 2 bedrooms upstairs. Guest house – autonomous, with separate entrance.
  • Heating: Modern pellet boiler serving both buildings.
  • Outdoors: Garage, BBQ area, fruit trees.

Location:

3 minutes walk to the Town Hall! Right next to Altenburg Castle and Castle Park. Penny & EDEKA – 5–10 min walk.

🔥 The X-Factor (USP): Location “at the foot of the castle” + condition “freshly renovated.” The guest house was previously successfully rented out on a short-term basis, suggesting high income potential.

Project location features

Walk to the center 4 min -250m
To the train station by car 10 min -1.7 km
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