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House for sale in Ahlen, Germany

190 000€

59229 Ahlen

Property description

From a buyer's perspective, this property is a semi-detached house with a single-story structure with a basement and attic that has been renovated. The apartment in the attic requires renovation, and you are advised to contact the company for further inquiries by phone between 8:00 AM and 8:00 PM, Monday through Friday, or 10:00 AM to 6:00 PM on weekends. The property is being auctioned at the local court. The market value is estimated at 190,000 EUR, with a possible discount of 30% on the value to be paid for the property, resulting in a purchase price of 133,000 EUR. You will save on notary costs and commission. This property is one of many attractive properties listed in their affordable real estate catalog. For a real estate investment, this property may present a great opportunity if the buyer has the necessary funds, skills, and time for renovation. However, the condition of the property and the potential costs associated with renovation should be considered. The improvement and rental income potential can increase the investment return. As a lifestyle purchase, the property offers a spacious living space for a growing family or those who need extra space. With additional room in the attic, it could be converted into a bedroom or a facility such as a home office or additional living area. Investing in this property might avoid the high costs for renovation and finding rental properties, which could help maintain a good lifestyle. However, considering the investment return solely for lifestyle purposes may not be the most cost-effective decision. Overall, this property presents an interesting opportunity for both real estate investors and those looking to improve their lifestyle by buying a house with extra space. Considering the potential renovation costs and the property's current condition, a detailed evaluation and financial planning is required to ensure the best possible decision.

Location

59229 Ahlen

Date added: 24.07.2024

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