Marktstraße, 72218 Wildberg, Baden-Württemberg, Germany
| Scenario | Expected Value | Timeframe | Risk Level |
|---|---|---|---|
| Pre-Renovation Sale | €650,000 | 3-6 months | Low |
| Post-Renovation Sale | €975,000 | 12-18 months | Medium |
| Renovation + Rental | €975,000 | Long-term | Medium-High |
Total Potential Subsidy Savings
€100,000 - €250,000
Basic upgrades and repairs
Complete upgrade with attic expansion
Financing Structure: €150,000 equity + €200,000 loan at 3.2-4% interest
Monthly Payments: €800 - €1,200 over 20 years
Property inspections (mold, structural), subsidy applications
Estimated Cost: €5,000 - €10,000
Hire architects and specialized contractors for clay work, complete renovation
Main construction and upgrade period
Marketing for rental or sale, tenant acquisition
Revenue generation begins
Consult an energy advisor for efficiency planning
Contact State Office for Monument Preservation (Denkmalschutz)
Schedule professional mold and structural assessments
Begin subsidy application processes
Mitigation: Obtain thorough inspections early
Mitigation: Diversify property usage (mixed residential/commercial)
Market fundamentals remain strong
Expected payback period with full subsidy utilization
Annual return on investment after expenses
Proceed with full renovation and rental strategy. Leverage available subsidies to reduce costs and achieve 7-12% net ROI with break-even in 6-9 years. Strong steady income potential with market stability.
Consider pre-renovation sale at €550,000-€750,000 for quick liquidity and minimal exposure to renovation risks, heritage delays, and market fluctuations.
Next Steps: Schedule professional inspections, engage energy advisor, contact Monument Preservation office, and initiate subsidy applications immediately to capitalize on funding opportunities.