Flat for sale 2+kk • 83 m² without real estateFreiburg Tiengen Baden-Württemberg 79112

This well-maintained condominium is located in a sought-after residential area in the Freiburg district of Tiengen – in the popular commuter belt southwest of the city. The surroundings impress with good infrastructure, a location close to nature, and a stable demand for housing.

The apartment is situated on the 4th floor of a multi-family home built in 1973 and offers a living area of approximately 83 m². It is presented in a solid and well-kept condition after undergoing extensive modernization in 2018 (including windows, flooring, electrical installations, and partly the bathroom). Two loggias as well as an allocated underground parking space complete the offering.

Special Feature – Sale under an Annuity Model with the Right to Reside

The property is being sold as part of an existing annuity model. The current residents (aged 76 and 73) have a lifelong, land-register secured right to reside. Therefore, owner occupancy is currently not possible.

The right to reside expires only in the following cases:

• After the passing of the last remaining entitled person

• Upon the permanent relocation of both entitled persons (e.g., moving into a nursing home)

• Upon voluntary renunciation in return for a potential redemption agreement

Once the right to reside has expired, the property is available for free use or rental.

The cost and maintenance regulation essentially follows a classic rental agreement: ongoing costs and routine maintenance are borne by the entitled residents.

The apartment is located in a quiet and desirable residential area in the Freiburg district of Tiengen. The district impresses with its natural surroundings and views of greenery, as well as a pleasant living atmosphere. At the same time, you benefit from good access to Freiburg’s city center along with solid infrastructure including shopping facilities, doctors, and public transportation in the vicinity.

The combination of peaceful living and good accessibility makes this location particularly attractive for long-term-oriented investors as well as owner-occupiers.

• Renovation in 2018

• 2 loggias

• Separate guest WC

• Basement storage room

• Underground parking space

Your Benefits at a Glance

This offer gives buyers the opportunity to acquire a property in a desirable residential area at a significantly reduced entry price. At the same time, you benefit from a predictable, low-risk perspective, as there is no risk of rental income loss and ongoing costs are largely covered by the entitled residents. Once the right to reside expires, the apartment is at your disposal – for personal use or as an attractive investment property with rental potential.

Conclusion

This property is ideal for investors as well as owner-occupiers with foresight who want to secure an attractive apartment in a good location early on and plan for the long term.

Interested?

We are happy to provide you with further documents as well as details regarding the contractual framework and answer your questions in a personal conversation.