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Residential Real Estate for Sale in Wertheim am Main, Germany

For Sale: Residential real estate developer with completed project and land for future construction.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate
Locations  Wertheim am Main
Local Time 11:53 PM Asia / Krasnoyarsk
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.9 million (Native Currency: EUR 2,500,000)
Reason: The founders are transitioning to a different business sector, seeking new opportunities and growth.
Includes physical assets worth USD 700 thousand
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Business Overview
The business is a residential real estate developer with one completed project, selling 12 flats two years ago. Due to the promoters' focus on another venture, no new projects were undertaken. The company is now being sold along with land ready for construction, with all plans in place.
Key highlights of the project:
- Located in the rapidly developing district of Tanenberg, Wertheim, Baden-Württemberg, with increasing demand for residential real estate driven by nearby industrial and commercial enterprises.
- The project involves the construction of five multi-family houses, offering a total saleable area of 4,172 m2.
- Energy efficiency certifications are a key feature: Houses A-D meet energy efficiency coefficient #55, while House E meets #40+, presenting a strong market appeal.
- The project has a validated favourable conclusion from prüf-static, ensuring structural integrity and permitting compliance.
- All necessary authorization documentation is in place, facilitating a smooth construction and sales process.
- The acquisition of the company includes a substantial potential for state compensation of EUR 1.46 million for aligning construction with energy efficiency standards.
- The promoter is based out of Slovenia.
Products & Services Overview
The business is a residential real estate construction company focused on developing quality housing projects.
Assets Overview
Tangible assets: owned land worth EUR 600k.
Facilities Overview
Does not operate from any office facility at the moment.
The business owns 5,000 sq m of prime land in Wertheim, Baden-Württemberg, ready for residential development.
Capitalization Overview
The business has no loans and has 2 shareholders.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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