Flat for sale 3+1 • 64 m² without real estate, Baden-Württemberg

Attractive 3-Room Apartment with Tax-Optimizable Renovation – Ideal Investment in 71404 Korb

Property Description

For sale is a well-proportioned 3-room apartment in the attractive location of 71404 Korb. The apartment is in need of renovation, offering an excellent opportunity for individual enhancement and sustainable value appreciation.

Special Highlight for Capital Investors

The property is ideally suited for investors who wish to benefit from a tax-optimized renovation strategy.

With the appropriate planning and a clear intention to rent, there is the possibility to have renovation costs taken into account for tax purposes and to make them effective at an early stage. This can – depending on the individual situation – lead to a significant reduction in your personal tax burden.

The planned renovation costs of approximately €45,000 can be claimed for tax purposes. This will noticeably reduce your tax burden while simultaneously creating new living value and sustainable property assets. Part of the investment is therefore effectively offset by tax benefits.

Example Calculation (Simplified) with a Gross Salary of €150,000:

Taxable income: approx. €130,000

Tax burden: approx. €50,000

After Accounting for the Renovation Costs:

Taxable income: approx. €85,000

Tax burden: approx. €30,000

→ Potential Tax Relief: approx. €20,000

Attractive Rental Potential

A test advertisement for renting has already generated over 90 inquiries – based on a cold rent of €1,090 plus €50 for a parking space.

This corresponds to an attractive rental yield of around 5% – and that with a freshly renovated apartment featuring modern amenities.

Important Note

The tax treatment always depends on the individual case. It is strongly recommended to consult with your own tax advisor. Upon request, contact with a tax advisor specialized in real estate can be arranged.

The property is located in a quiet yet well-connected area of Korb. Shopping facilities, public transportation, and all everyday amenities are within short reach.

The apartment could be equipped with modern split air conditioning systems, which not only ensure a pleasant indoor climate but also noticeably reduce energy costs. The property's energy certificate is already good, but with the new equipment, the energy efficiency of this apartment will be significantly above the standard.

An ideal property for capital investors who want to benefit from both value appreciation and tax planning options.

The displayed pictures are from a comparable apartment, professionally staged to showcase its full potential. After the renovation is completed, this apartment will also shine in a similarly bright, modern, and inviting way – ready to become your new home or your perfect investment property.

The floor plan is the original floor plan of the apartment for sale.

Non-Recoverable Additional Costs: €136 per month

If interested, we look forward to your inquiry.