Tax-optimized investment opportunity: 3-room apartment in Korb.

Attractive 3-room apartment with potential for tax-optimized renovation – an ideal investment in 71404 Korb.

Property Description:
For sale is a well-designed 3-room apartment in a desirable location in 71404 Korb. The apartment is in need of renovation, offering an excellent opportunity for individual improvement and sustainable appreciation. A special highlight for investors.

This property is ideal for investors who want to benefit from a tax-optimized renovation strategy. With appropriate planning and a clear intention to rent out the property, there is the possibility of deducting renovation costs for tax purposes, allowing them to take effect early. This can lead to a significant reduction in your personal tax burden, depending on your individual circumstances. The planned renovation costs of approximately €45,000 can be claimed as a tax deduction. This will noticeably reduce your tax burden while simultaneously creating new living space and sustainable property value. A portion of the investment is effectively offset by tax benefits. Example Calculation (simplified) for a gross salary of €150,000:
Taxable income: approximately €130,000
Tax burden: approximately €50,000
After deducting renovation costs:
Taxable income: approximately €85,000
Tax burden: approximately €30,000
→ Potential tax relief: approximately €20,000
Attractive Rental Potential
A test advertisement for renting the property has already generated over 90 inquiries – with a base rent of €1,090 plus €50 for a parking space. This corresponds to an attractive rental yield of approximately 5% – and that for a newly renovated apartment with modern features. Important Note
The tax treatment always depends on the specific circumstances. Consulting with your own tax advisor is strongly recommended. If desired, we can connect you with a tax advisor specializing in real estate.

The property is located in a quiet yet well-connected area of Korb. Shopping facilities, public transportation, and all essential amenities are easily accessible within a short time.