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

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

Property Description

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

Special Highlight for Investors

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

With appropriate planning and a clear intent to rent, it is possible to take the renovation costs into account for tax purposes and have them become 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 real estate wealth. Part of the investment is effectively subsidized by tax benefits.

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

Taxable Income: approx. €130,000

Tax Burden: approx. €50,000

After Deducting the Renovation Costs:

Taxable Income: approx. €85,000

Tax Burden: approx. €30,000

→ Possible Tax Relief: approx. €20,000

Attractive Rental Potential

A test advertisement for renting has already generated over 90 inquiries – with 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 personal tax advisor. If desired, 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 opportunities, public transportation, and all daily necessities can be reached within a short time.

The apartment could be equipped with modern split-system air conditioners, which not only ensure a pleasant room climate but also noticeably lower energy costs. Although the building’s energy certificate is already good, the new equipment will make the energy efficiency of this apartment significantly exceed the standard.

An ideal property for investors who wish to take advantage of both value appreciation and tax optimization options.

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

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

Non-allocable Ancillary Costs: €136 per month

If interested, we look forward to your inquiry.