Published on 04/06/2026 · Last checked on 15/08/2026
| Type | Block of flats |
|---|---|
| Living area approx. | 281 m² |
| Rooms | 12 |
|---|
| Plot area | 221 m² |
|---|---|
| Bathrooms | 4 |
| Purchase price | 139.000 € |
|---|---|
| Price per m² | 494.66 €/m² |
| Commission | 3,57% (3,57% inkl. MwSt. des notariell beurkundeten Kaufpreises, mindestens jedoch 3570,00€ inkl. MwSt. Die Provision ist mit Abschluss des notariellen Kaufvertrages verdient und fällig.) |
For sale is a profitable and developable apartment building in an absolutely central location in Oberkotzau, directly on the market square.
The property was constructed around 1930 using solid construction methods and comprises four residential units with a total living area of approx. 281 m² on a plot of approx. 221 m².
The property is in need of renovation, but offers solid structural substance as well as diverse opportunities for value-enhancing modernization.
The features already include uPVC windows and some existing insulation measures. Parts of the building have a basement. Heating is provided by gas-fired individual floor heating systems.
There are four bathrooms in total.
One residential unit is currently rented and provides existing, immediate rental income.
A garage belonging to the property complements the offer and increases its appeal, particularly for future tenants.
A significant investment advantage results from the location in a formally designated redevelopment area. Depending on the individual tax situation, special depreciation allowances pursuant to § 7h EStG may be utilized. For owner-occupiers, there is alternatively the possibility of tax support pursuant to § 10f EStG. These conditions offer considerable optimization potential with regard to returns and liquidity during the renovation phase.
The excellent central location on the market square, combined with the existing building structure, makes this property ideally suited to investors focused on sustainable value development. Targeted renovation and modernization measures can significantly increase both the rent level and the overall property value.
This apartment building therefore represents an attractive investment opportunity for investors seeking a developable property with a stable structural foundation and a central location.
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