Rewritten Article:
A Dream Come at a Price: Germany's Most Expensive Villa
-"The charming Alexandrinen Cottage, now a protected building, awaits a revival to new life," the real estate agency "Engel & Völkers" contends in their advertisement. However, the steep price tag associated with this 1841 seaside property in Heiligendamm, Mecklenburg-Western Pomerania, might give potential buyers a shock: a whopping 40 million euros!
Heiligendamm, Mecklenburg-Western Pomerania - For this staggering sum, the new owner of the villa will acquire 18 rooms spread across 1484 square meters of living space, an extensive 4449 square meters of land, a home with a breathtaking sea view, a piece of history - and an extensive renovation project.
The 182-year-old villa presents a worn-out appearance. The once-luminous façade of the Alexandrine Cottage has faded, and the interior needs more than a little TLC to transform the dilapidated property into a coveted home.
The Alexandrine Cottage was inspired by the 18th century English seaside resorts. Grand Duke Paul Friedrich of Mecklenburg-Schwerin commissioned three cottages, including the Alexandrine Cottage (built in 1841), as an extension of the seaside resort. The unparalleled building served as a gift from the Grand Duke to his wife, making it named after Alexandrine of Prussia.
Today, the villa and its surrounding land belong to investor Anno August Jagdfeld (76, Hotel Adlon, Quartier 206 in Berlin). Jagdfeld's original plans were to convert the cottage into a living space for his five children and eleven grandchildren. However, with their growing independence, he made the difficult decision to sell it. Jagdfeld now resides in the neighboring Marien Cottage.
The Alexandrine Cottage has remained empty and gradually decayed into a neglected ruin. Despite its dilapidated state, its price remains a hefty 40 million euros – how is that possible?
The location sets Alexandrine Cottage apart
According to real estate agents, the property’s "unbounded sea views" and " extraordinary location" at the southwestern tip of the romantic park make the villa a one-of-a-kind gem. However, a closer look will reveal its current state as a neglected ruin.
The villa may seem dilapidated at first glance, but its substance remains fairly intact. Dr. Plöger: "The substance is indeed still relatively good. However, modern standards require a full modernization."
Interested individuals continue to emerge, according to Dr. Plöger: "Several parties have expressed interest. It is the most valuable and finest villa on the Baltic Sea. However, few will consider purchasing it due to the price – perhaps around 200 potential buyers in Germany.
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The astronomical price tag of 40 million euros for the Alexandrine Cottage may deter many potential buyers, but for those willing and able to invest, the property’s inland location in Bad Doberan, Mecklenburg-Western Pomerania, offers a rare charm. Despite being a protected building, the need for extensive renovations makes this inland real estate a challenging – but potentially rewarding – project.
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Enrichment Data: In case you are considering renovating the Alexandrine Cottage, the cost to do so is not specified in the provided sources. The information given pertains to home remodeling costs in the United States, particularly in Virginia, and does not include specific details about renovating a villa in Germany. To obtain accurate and specific information, consulting a professional contractor or a local real estate expert specializing in German properties would be necessary.
