House for sale • 653 m² without real estate, Baden-Württemberg

The multi-family house is situated in an attractive hillside location below street level and offers a delightful view of the surrounding nature. In total, the property comprises nine condominium units: eight units feature two to three rooms as well as spacious balconies or terraces that predominantly provide a beautiful view of the valley right up to Liebenzell Castle. This offering is complemented by a charming one-room apartment.

The apartments were built between 1962 and 1991 and offer a variety of usage possibilities. Whether for individual sale or for further rental, the units can be optimally positioned immediately or following targeted, optional modernizations (for example, updating the bathrooms).

The building is heated by a modern oil central heating system installed in 2023. In recent years, all windows have been gradually replaced, and parts of the exterior walls already have insulation in line with 1980s standards.

Currently, some apartments are deliberately kept vacant to ensure maximum flexibility for owner occupancy, new rental, or sale.

Even in its current condition, the property impresses with an extremely attractive yield: The realistically achievable annual cold rent corresponds to a factor of less than 15, or about 6.7% of the purchase price. Even with full financing, a positive monthly cash flow can be achieved after deducting interest and principal repayment. At the same time, you benefit from continuous asset build-up through loan repayment and long-term appreciation potential – an ideal basis for a secure and relaxed retirement provision.

The property is located in Bad Liebenzell on a height with views of the town and Liebenzell Castle. Within walking distance, you will find bus line 880 and the Bad Liebenzell train station, which offers connections to Pforzheim, Calw, Nagold, and Horb. In the immediate vicinity, there is a kindergarten as well as a primary and secondary school. Additionally, various restaurants, bakeries, cafés, doctors, and supermarkets are available. Two parks and green areas, a bookstore, a fitness studio, a library, and a museum are also within easy walking distance.

A new, energy-saving, high-quality oil central heating system (Viessmann condensing boiler) was installed in 2023. Over the past 10 years, all windows have been gradually replaced with high-quality Schüco plastic windows. In 2025, the roof terrace, spanning more than 100 square meters, was renovated.

The bathrooms predominantly reflect the style of the 1980s. The living areas are equipped with parquet, laminate, tiles, or carpeting.

No further modernization work is urgently needed, but it can be considered—for example, renewing the facade or making various cosmetic upgrades such as renovating the hallways, bathrooms, or outdoor areas.

The purchase price of approximately 1,380 euros per square meter takes into account the current condition of the house. In Bad Liebenzell, used condominiums are typically offered at prices well above 2,000 euros per square meter. According to Immobilienscout24, the average price for condominiums in Bad Liebenzell in the fourth quarter of 2025 was 2,821 euros per square meter.

A buyer may also consider the immediate sale of some of the property's units to facilitate financing.

We will be happy to send you an informative brochure.

Please provide your full name, address, telephone number, and a brief description of yourself when making inquiries.