Attractive investment opportunity: 4-room apartment in Gengenbach with an increased depreciation rate (4.9%).

For sale is a well-maintained 4-room apartment located on the 1st floor of a charming, historic building dating back to 1907. The property is situated in the desirable location of Gengenbach and offers a stable rental income, as well as attractive potential for future development. The apartment, approximately 80 m² in size, features a well-designed layout with three bedrooms, a spacious living room, a large kitchen, and a bathroom. The classic architecture of the building, combined with continuous modernization, makes this property particularly appealing to investors. Key details at a glance:
- Living space: approximately 80 m²
- Rooms: 4 (3 bedrooms, 1 living room)
- Location: 1st floor
- Year of construction: 1907 (facade under historic preservation)
- Currently rented: €750 cold rent per month
- Last rent increase: July 2023
Features & Condition:
The apartment is in good condition. Significant modernization work has been carried out in recent years:
- Replacement of the gas central heating system (2020)
- Modernization of water pipes and electrical systems
- Roof insulation (2023)
- Renovation of the staircase (2023)
- Wooden windows with double glazing. Investment Highlights:

- Solid, existing rental income with development potential.
- Attractive tax depreciation opportunities (4.9% per year, based on remaining useful life assessment).
- Potential for future rent increases.
- Historic building structure combined with modernized technology.
- Desirable residential location in the Ortenaukreis district.

The combination of stable rental income, tax benefits, and long-term potential for appreciation makes this property a particularly attractive opportunity for investors.

The apartment for rent is located at Friedrichstraße 27, in a central yet quiet location in Gengenbach – one of the most beautiful historic towns in the Ortenau district, on the edge of the Black Forest. Gengenbach is appealing thanks to its picturesque old town center with half-timbered houses, its high quality of life, and its excellent infrastructure. Shops for everyday needs, bakeries, cafes, restaurants, doctors, and pharmacies are all within walking distance. Schools and kindergartens are also located nearby, making the location particularly attractive to tenants of all types. The transport links are excellent: cities such as Offenburg, Lahr, and Freiburg im Breisgau are easily accessible via the nearby federal highway B33 and the A5 motorway. Gengenbach train station also provides good connections to regional rail services. A particular advantage of this location is its proximity to nature: the Black Forest, with its numerous leisure and recreational opportunities, is practically on the doorstep, significantly enhancing the quality of life – a crucial factor for sustainable rental potential and property value appreciation.