House for sale • 272 m² without real estateSchopfheimerstraße 13, , Baden-Württemberg

For sale is an attractive multi-family house in Lörrach-Brombach that offers investors a versatile investment opportunity characterized by a clear structure and convincing development potential. The property combines a solid existing building with the option to create additional living space through targeted measures, thereby sustainably increasing its value.

The building currently comprises three residential units with a total living area of approximately 272 m². The apartment on the upper floor is vacant and can be renovated quickly and subsequently re-let. The basement apartment has already been extensively modernized – it is also vacant and immediately available for rent. The ground floor apartment is currently occupied, generating ongoing rental income of €658 per month (net rent). In the medium term, there is further development potential here as well.

Division of the units:

• Basement: approximately 66 m², 2 rooms, already modernized, vacant, terrace with garden access, separate entrance

• Ground floor: approximately 109 m², 3 rooms, rented, net rent €658/month, well-maintained, large outdoor area with garden access, additional balcony, daylight bathroom plus guest WC

• Upper floor: 97 m², 3 rooms, vacant, in need of renovation, balcony with panoramic views, daylight bathroom plus guest WC, new gas-fired individual heating system (2022)

A significant added value lies in the option to add an additional floor and the associated development potential of the property. Through renovation measures in the existing apartments, as well as the already completed façade renovation on the east side and the commissioned renewal of the west side (with costs covered by the seller), the property can be sustainably upgraded and brought to a modern market standard.

There are basically several development options for the property. In a possible scenario involving expansion with an additional floor and renovation of the existing apartments, four residential units with a total living area of approximately 369 m² could be created upon completion. Based on a calculated market rent of €14.00 per m², this results in a rental income of around €5,166 per month, or approximately €61,992 annually. The total capital expenditure consists of the purchase price of €799,900, renovation costs of approximately €90,000, additional floor extension costs of around €200,000, as well as façade and exterior work amounting to about €50,000. This results in a total capital investment of around €1,140,000 and a gross rental yield of approximately 5.4%.

Alternatively, the property can be developed without adding an additional floor. In this scenario, it remains as three residential units with approximately 272 m² of living space. Based on the same market rent of €14.00 per m², this results in a monthly net rent of around €3,808, or approximately €45,696 annually. The total capital expenditure in this case includes the purchase price of €799,900 and renovation costs for the ground and upper floors amounting to approximately €90,000. This brings the total capital investment to around €890,000 and the gross rental yield to about 5.1%.

Thus, the property offers a balanced combination of existing structure, development opportunities, and flexibility. Depending on the chosen strategy, different usage concepts and income profiles can be realized – ideal for investors who value creative freedom, clear cost calculations, and long-term prospects.

Lörrach-Brombach is located in the sought-after tri-border area of Germany–Switzerland–France – one of the strongest economic regions in Europe. Its proximity to the Swiss metropolis of Basel, with its international corporations, pharmaceutical companies, and research institutes, ensures consistently high demand for residential space and stable rental prices. The location is particularly popular among cross-border commuters with Swiss incomes, who generally have above-average purchasing power.

Thanks to the A98, as well as excellent bus and train connections, Rheinfelden (10 minutes), Weil am Rhein (15 minutes), and Basel (20 minutes) can be reached quickly – ideal for commuters and families. Local amenities are excellent: Edeka (a 5-minute walk), Netto (a 3-minute walk), a pharmacy (a 4-minute walk), and the Lörrach central hospital (a 10-minute drive) are all in close proximity. Families benefit from short distances to kindergartens such as the Evangelical Kindergarten Wunderfitz (an 8-minute walk) or the Evangelical Kindergarten “Vogelnest im Siegmeer”, as well as to schools (approximately a 10-minute drive). Moreover, Basel Airport is only 25 minutes away.

At the heart of the area is the development of the “Neue Mitte Brombach” around the FABRIC/Schöpflin area. Additionally, new residential neighborhoods such as Bühl III are being created. At the same time, former industrial sites such as the Lauffenmühle and the Reiss-Mühle are gradually being transformed into modern commercial and mixed-use developments.