Landscheid
in Rhineland-Palatinate

Property description and location

The "Eifelsteig" care investment in the southern Eifel region was selected according to the high demands placed on a TAKECARE® care property.

This TAKECARE® investment is also characterized by its connection to the natural location, the quality of the property and the high standards of the operator.

Embedded in the idyllic surroundings of the southern Eifel, the "Eifelsteig" care investment is an investment property with a special connection to nature and home. An investment in this property through the purchase of one of the 73 care apartments combines the social aspects of this asset class with a stable tangible asset investment and an attractive initial yield of approx. 3.5%.

The acquired care apartment is leased to the operator of the property, Evergreen Holding GmbH, which belongs to the Korian Group, Germany's largest operator of care facilities. The existing lease currently has a remaining term of around 14 years, with the option to extend for a further 5 years. The Korian group of companies is responsible for letting the acquired units. Thanks to this general lease agreement and the use of an experienced manager, the purchasers do not have to perform any typical landlord tasks. 

The lease is paid out every month as scheduled, regardless of the actual rental status of the units. This means that the most important features of the "Eifelsteig" care investment in Landscheid are low outlay and high predictability.

• Units: 26 care apartments
• Purchase price: from € 211,363.47 per unit
• Apartment size: between 54.63 sqm and 74.72 sqm (incl. communal area)
• Year of construction: n.a.
• Rental yield: initial yield approx. 3.5 % p.a. in relation to the purchase price
• Address: Burgstraße 9, 54526 Landscheid
• Operator: Korian GmbH