Apartment for sale - 9424 Rheineck, Töbelimülistrasse 6a

Bright 3½ room apartment, 58m2, 2nd floor

After a job-related move, we are selling our apartment in Rheineck, where we have spent 8 wonderful years. It has a practical layout and is oriented to be illuminated by the sun all day long. From the balcony, you look over treetops at the foothills of the Alps. The bathroom and kitchen are stylishly furnished. The floors are tiled, while the other rooms have parquet flooring. The kitchen is modernly equipped and includes a dishwasher, a new fridge-freezer combination, and an integrated standing table. Additionally, the apartment comes with a spacious cellar compartment.
The train station is easily reachable on foot, and there are various shopping options in the town as well as in neighboring Austria. At the same time, the nature reserve Altenrhein and Lake Constance are right at your doorstep.
The apartment is suitable for single persons or couples who want to live cost-effectively without compromising on quality of life. Since it is well connected by transport and also offers proximity to nature, it can of course also be used as a holiday apartment.
The low purchase price with low maintenance costs offers great savings potential. Even with a minimal investment (20%) of equity for a loan, the total costs are significantly lower (by about half, see example calculation below) than with a monthly rent. Additionally, an apartment in times of constantly rising real estate prices represents a good investment and can thus be sold profitably later.

Move-in: By arrangement or immediately possible
Apartment address: Töbelimülistrasse 6a, 9424 Rheineck

Please no inquiries from brokers or real estate agents!


Example calculation (values are of course individually different, but the difference can be clearly seen):

Rent:
1300 CHF monthly rent (warm) x 12 months = ~15600 CHF total annual costs

Purchase:
+ 3300 CHF = loan with 55000 CHF equity (20% of 275000 purchase price), example interest rate 1.5% at 220000
+ 3347 CHF = house fee (contribution for 2024)
+ 300 CHF = electricity (approximately)
+ 1000 CHF = imputed rental value of the apartment (approximately, ?fictitious rent?, which must be taxed)
- 500 CHF = loan interest (approximately, tax-deductible)
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~7447 CHF = total annual costs