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 charming view of the surrounding nature. The property consists of a total of nine condominiums: eight units feature two to three rooms as well as spacious balconies or terraces that mostly offer a beautiful view of the valley all the way to Liebenzell Castle. This 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 further rental – the units can be optimally positioned immediately or after targeted, optional modernizations (e.g., the bathrooms).

The building is heated by a modern oil central heating system dating from 2023. In recent years, all of the windows have been successively replaced. Parts of the exterior walls already have insulation up to the standard of the 1980s.

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

Even in its current condition, the property impresses with an extremely attractive yield: the realistically achievable annual net rent corresponds to a factor of under 15, i.e., around 6.7% of the purchase price. Even with full financing – after deducting interest and principal payments – a positive monthly cash flow can be achieved. At the same time, you benefit from continuous asset buildup through loan repayment and from long-term potential for value appreciation – an ideal basis for a solid and relaxed retirement provision.

The property is located in Bad Liebenzell at an elevated position with a view of the town and Liebenzell Castle. Within walking distance, there is bus line 880 as well as Bad Liebenzell train station with connections to Pforzheim, Calw, Nagold, and Horb. In the immediate area, you will find a kindergarten, primary and secondary schools. There are also various restaurants, bakeries, cafés, doctors, and supermarkets. Additionally, two green spaces and parks, a bookstore, a fitness studio, a library, and a museum are all easily accessible on foot.

A new, energy-saving, high-quality oil central heating system (Viessmann condensing) was installed in 2023. The windows have been completely replaced with premium Schüco plastic windows successively over the past 10 years. In 2025, the roof terrace of more than 100 sqm was renovated.

The bathrooms are predominantly styled in the manner of the 1980s. The living areas are fitted with parquet, laminate, tiles, or carpet.

Further modernization work is not urgent but can be considered, such as renewing the façade or various cosmetic enhancements like renovating the entrance corridors, the bathrooms, or the outdoor areas.

The purchase price of approximately 1,380 Euro per sqm takes into account the current condition of the building. In Bad Liebenzell, used condominiums are typically listed at prices starting from 2,000 Euro per sqm. According to Immobilienscout24, the average price for condominiums in Bad Liebenzell in the fourth quarter of 2025 was 2,821 Euro per sqm.

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

A detailed exposé will be gladly sent to you.

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