Quiet 3-room top-floor apartment with balcony & carport - investment property with potential

Key facts

Purchase price & costs

About this apartment

This well-maintained 3-room attic apartment in a quiet residential location in Calmbach impresses with its successful combination of living quality, solid substance and long-term development potential.
With a living area of approx. 76.94 m², the apartment offers a functional floor plan with a pleasant layout. The bright living and dining area forms the center of the home and provides direct access to the balcony, which offers additional open space and a lovely retreat in everyday life.
Two well-proportioned bedrooms allow for flexible uses - ideal for couples, small families or modern home office concepts.
The daylight bathroom and a separate WC provide additional comfort. The layout is complemented by a practical usable area of approx. 5 m².
The apartment is in well-maintained overall condition. The building is heated by an oil-fired central heating system (built in 2000).
The apartment is currently rented and generates immediate rental income without vacancy.

Key figures:
Living area: 76.94 m²
Purchase price apartment: 144,000 EUR
Carport: currently rented together with the apartment, 15 EUR/month)
Total purchase price: 144,000 EUR
Current rent: 420.00 EUR / month (including carport)
Annual rent: 5,040.24 EUR
Gross yield: approx. 3.54 %

Legal notice
As part of the division, the first unit was sold in 2025.
The statutory blocking period pursuant to §577a BGB is expected to run until 2028, resulting in a stable and predictable tenancy.

Conclusion:
An ideal investment for investors who are not seeking short-term returns, but rather substance, security and development potential.
Calmbach, an idyllic district of the spa town of Bad Wildbad in the northern Black Forest, combines living close to nature with solid local amenities and good accessibility. Nestled among wooded hills and traversed by the Enz River, the location offers a high recreational and leisure value - ideal for nature lovers, families and those seeking peace and quiet.

Local amenities include shops for everyday needs, bakeries, restaurants and other service providers. Kindergartens and a primary school are located directly in the village; secondary schools are in nearby Bad Wildbad and can be reached conveniently. Medical care is also ensured by doctors and pharmacies in the surrounding area.

The transport connections are very attractive for a Black Forest location: Via the federal road network, you can quickly reach Calw and Pforzheim and Karlsruhe. Public transport is ensured by bus and light rail connections, linking Calmbach to the regional transport network.

Numerous hiking and cycling trails, thermal baths and wellness facilities, the treetop trail, as well as cultural offerings in Bad Wildbad provide a high recreational value in every season. At the same time, the quiet residential location offers a pleasant, family-friendly environment with an established neighborhood structure.

Overall, Calmbach impresses with its successful combination of natural Black Forest charm, good infrastructure, and livable residential quality—a location with lasting appeal for both owner-occupiers and investors.
Balcony with a beautiful view
Carport parking space
Daylight bathroom
separate WC
quiet, established residential location
well-maintained condition
functional layout
insulated façade
Rent development & increase logic

YearStatusEUR/m²Monthly rentAnnual rentNote
2024CURRENT5.26 EUR420 EUR5,040 EURcurrent rent
2025no increase5.26 EUR420 EUR5,040 EURcap limit
2026no increase5.26 EUR420 EUR5,040 EURstable
2027first adjustment possibleapprox. 6.00 EUR477 EUR5,724 EURconservative
2028further adjustmentapprox. 7.00 EUR554 EUR6,648 EURconvergence
2029market-level rent8.00-9.50 EUR631-746 EUR7,572-8,958 EURfull potential

Location