About this house
A listed, vacated mixed-use condominium property in the center of Sulzburg with approx. 465 m² total usable space – of which 234 m² are divided into 4 apartments and 231 m² commercial unit – complemented by a carport. Due to the central downtown location and an average price per square meter of under €2,000 for the entire usable space, this represents a rare and particularly attractive opportunity for investors.
The historic residential and commercial building dates from the late 18th or early 19th century and has been comprehensively renovated. Among other things, the roof was insulated, modern concrete ceilings were installed, insulation plaster was applied, and windows, lines, and the entire staircase were modernized and lovingly restored. The heritage protection applies exclusively to the exterior shell, so there is maximum design freedom inside.
A key advantage is that all units are completely vacated. This means the property can be occupied immediately by the owner, re-let, or used as part of a short-term sales model. The property is divided into a legally existing condominium owners’ association (WEG). The corresponding partition documents are approved and complete. Thus, buyers have the option of securing the property flexibly, selling individual units, or managing it as an owners’ association.
In addition, there are further options for an investor-friendly structure: for example, acquisition via an already existing corporation is also possible, which enables the transfer of an attractive home savings contract and the use of existing tax loss carryforwards. These can be offset against future profits and thus used for tax purposes, which should be of particular interest to commercial buyers or family offices. A prerequisite for this is an adjustment of the company name upon acquisition.
The residential area is divided into four separate units of different sizes. All of these are vacant and offer various options – from owner-occupation and multi-generational living to immediate re-letting or resale as part of a project development. The apartments feature modern layouts and well-appointed bathrooms that combine historic character with contemporary comfort.
Overall, there is high rental and usage potential, which can be realized both through full rental and through targeted The realization of the disposal of individual units is possible. In addition, several parking spaces are available, including a carport and separate public parking spaces.
For owner-occupiers, the property also offers tax advantages: a significant portion of the renovation costs due to historic preservation can be claimed for tax purposes over several years – a rare opportunity for state-subsidized wealth creation.
This versatile residential and commercial building in the best city-center location of Sulzburg combines historic substance with economic design potential and is equally suitable for classic capital investors, project-oriented developers and investors seeking a unique opportunity.
The images used in this exposé are visualized and show a professionally developed furnishing concept to illustrate the full potential of the vacant units.
