• Purchase Price: 1,800,000.00 €
• Scope: Both plots including the former hotel building
• Leverage Effect: The combination of existing property renovation and new construction provides an excellent yield basis

The property offers exceptionally strong tax and financial incentives for investors and project developers:

• Tax Depreciation Turbo (AfA) for Heritage Monuments: According to § 7i EStG (German Income Tax Act), there is the possibility of a special depreciation of up to 9% per year over 12 years (in addition to the standard linear depreciation). This enables extremely high tax write-offs and massively optimizes the after-tax return.
• Extensive Subsidies & Grants:
  • Urban development funding from the Federal Government and the State of NRW
  • Specific monument preservation funding programs of the State of North Rhine-Westphalia
  • KfW programs for the energetic refurbishment of heritage buildings at top conditions
  • BAFA subsidies for efficient building technology
  • Potential additional municipal funding in the course of active town center development
• Value Appreciation: The current condition in need of renovation, combined with the attractive entry price of € 1.8 million, offers considerable upside potential through the planned conversion into residential space.

For sale is a highly interesting development package in the historic town center of Erftstadt-Lechenich. The clever combination of a registered heritage building (former Franciscan monastery) and a directly adjacent, demolishable commercial area opens up a rare opportunity to realize a prestigious residential project.

The Site in Detail:

• Plot 360 (The Heritage Property): Includes the former Franciscan monastery (later used as the Hotel Franziskaner). The building dates back to 1655 and captivates with valuable baroque fabric. Among the outstanding elements particularly worthy of protection are an original baroque stucco ceiling of art-historical significance, historic natural stone portals, the charming cloister area, and original natural stone floors.
• Plot 359 (The New Build Potential): Currently developed with garages and a flat-roofed building. These structures can be completely demolished, creating a clear space for a modern new build or a harmonious extension of the ensemble.

View official property map
3D View Geoportal.NRW

Development Potential:
The project allows for a heritage-compliant renovation of the historic monastery building into exclusive, characterful condominiums. A mixed-use concept with appealing gastronomy on the ground floor is also conceivable. Complemented by the modern new building on plot 359, an architectural highlight can be created here that perfectly meets the continuously high demand for central living in the historic core of Lechenich.

The main building is firmly registered in the heritage list of the city of Erftstadt. Initial constructive coordination with the Lower Heritage Authority has already been successfully initiated. An official, joint on-site appointment directly at the property is scheduled for 27.05.2026.

Since the entire site is located within the historic old town of Lechenich, a general archaeological monument value applies. Civil engineering measures therefore require archaeological monitoring. However, these processes are common practice in Erftstadt-Lechenich, absolutely routine, and easy to plan within the construction schedule.

Furthermore, a part of the Lechenich town wall is located on the rear part of the property. The town wall is also a protected monument.

According to § 16 of the Building Energy Act (GEG), there is no obligation to provide an energy performance certificate for this heritage property registered in the monument list.

The property impresses with its absolute premium centrality directly in the historic town center of Lechenich. The charming market square, the town hall, and the historic town wall are in the immediate, walking-distance neighborhood.

Excellent Micro-location and Connectivity:

• Public Transport: Only approx. 2 minutes walk to the nearest stop.
• Highway: The access ramps to the A61 and A1 can be reached in a comfortable 8–10 minutes by car.
• Airport: Cologne/Bonn Airport can be reached in approx. 30 minutes.

With its population of around 52,500, Erftstadt offers a stable, high-purchasing-power environment and is experiencing a continuously high demand for high-quality and centrally located residential space.

This development package is specifically aimed at:

• Experienced property developers and transregional project developers.
• Investors with a strong focus on listed heritage properties and inner-city quarter developments.
• Family offices and tax-optimized private investors wishing to utilize the tax depreciation turbo (AfA).

All information in this exposé is based on data provided by the owner or third parties. We make every effort to ensure the greatest possible care, but we assume no liability for the correctness, completeness, and timeliness of the information.

In particular, the information regarding the special depreciation allowance according to § 7i EStG (AfA-Turbo) and possible funding programs is of a general nature only and does not constitute tax advice. Before making any investment decision, a qualified tax advisor or auditor should be consulted in any case.

Information on sizes, areas, heritage protection details and development potential is for initial orientation purposes only. Binding information can only be provided by the responsible authorities.

Liability of WEIHOFEN Immobilien for damages arising from the use of this information is excluded to the extent permitted by law.

All offers are subject to change and prior sale. Errors and omissions excepted.