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6 apartments on the island of Wangerooge – annual surplus exceeding €180,000. Bidding process.

Friedrich August Str. 10, 26486 Wangerooge – Niedersachsen
1.890.000 €
26
Room
545.75 m²
Living Area
Private offer
Apartment

Haus Feuerstein, formerly known as Haus Graf, is located in one of the most desirable areas of Wangerooge – just about 300 meters from the town center and approximately a five-minute walk from the main beach. The property underwent a complete renovation in 2012 and now presents itself as a high-quality apartment building with six individually designed apartments. Each apartment has its own unique character and appeals to a variety of guests. Spacious layouts, special ceiling heights, attractive views, and comfortable features create a premium holiday experience and cater to a broad target audience. The apartments are suitable for both private use and successful rental. It is particularly noteworthy that the property has a proven rental history. In recent years, consistently high occupancy rates have been achieved. In 2024 alone, a total of 1,269 overnight stays were recorded. The annual net income was up to €279,529, while surpluses of over €180,000 per year were generated. The figures clearly demonstrate the significant and sustainable earning potential of this exceptional property. The combination of a prime location, high-quality condition, six attractive rental apartments, and a long-standing track record of profitability makes Haus Feuerstein a rare investment opportunity on the island of Wangerooge. For investors, this represents an opportunity to invest in an established property with attractive returns and stable demand, benefiting from the ongoing trend of vacations on the German North Sea coast.

Are you interested in this apartment?

Object Number
OM-430406
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Nov. 1, 2026

Purchase price & additional costs

purchase price
1.890.000 €
Purchase additional costs
approx. 116,324 €
Total costs
approx. 2,006,324 €

Breakdown of Costs

Purchase price 1.890.000 €
Real estate transfer tax 94,500 € (5.00%)
Notary costs 14,447 € (0.76%)
Land register entry 7,378 € (0.39%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 6,955€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on nirqovalen.shop

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.52%

Details

Condition
Well-kept
Number of floors
3
Level
2nd floor
Usable area
46.7 m²
Bathrooms (number)
9
Bedrooms (number)
14
Flooring
Tiles, Vinyl / PVC
Heating
Central heating
Equipment
Garden

Location

Wangerooge is the easternmost of the inhabited East Frisian islands and is part of the UNESCO World Heritage Site, the Wadden Sea. This car-free North Sea island captivates visitors with its kilometers of sandy beach, a unique dune landscape, and extensive salt marshes, offering relaxation of the highest standard.

As a recognized North Sea spa town, Wangerooge enjoys great popularity with tourists throughout the year. The combination of healthy North Sea air, a high quality of life, and a limited supply of real estate makes the island one of the most desirable vacation destinations on the German North Sea coast.

Access to the island is convenient by ferry or plane via Harlesiel. The island's unique location, the high demand for vacation rentals, and the natural environment create ideal conditions for sustainable and successful vacation rentals.

Location Check

Nature
50m
Eating Out
100m
Child Friendliness
300m
Health
100m
Sports
300m
Shopping
150m
Culture
250m
Nightlife
100m
Public Transport
850m

Energy

Energy certificate type
not legally required
Main energy source
Gas

Miscellaneous

For the properties we offer, we use a bidding process.

The property is offered without a fixed selling price, or with an indicative value.

You can submit your personal offer to purchase within a specified timeframe.

The bids are not publicly accessible and are only forwarded to the seller.

The entire property, Haus Feuerstein, is for sale.

Six holiday apartments – combined in an attractive package – offer ideal conditions for a sustainable and profitable investment. The sale is exclusively as a complete unit.

A sale will only be finalized upon explicit acceptance and with the signing of a notarized purchase agreement.

The seller is free to choose which offer they accept. There is no obligation to accept the highest bid. This process is not an auction or public sale.

The purchase is then finalized as usual through a notary.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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