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House for sale in Bad Honningen, Germany

315 000€

53557 Bad Hönningen

Property description

As a buyer perspective, this property in Bad Hönningen, Germany (53557) presents a unique opportunity for real estate investment and lifestyle purchase. The property is a 2-family house with a total living area of 147/60 m², featuring 2 balconies, a terrace, a garden, and a garage. It was built in 1970 and has undergone modernizations in the 1990s and from 2003 to 2021. While the property has some issues such as a need for repairing some parts and updating certain elements, the asking price is 315,000€. With a potential discount of 30%, the price drops to 220,500€, making it an attractive option for investors. The property enjoys good sunlight and lighting, but there is also a maintenance backlog, including minor water damage and cracks. Some of the windows and the heating system need to be replaced, and the wooden parts need to be repainted. Additionally, the property is listed for auction, which may offer an additional negotiation opportunity for the price. With its attractive price, prime location, and potential for renovation, this property can be an excellent investment opportunity, as well as a comfortable lifestyle choice for a family.

Location

53557 Bad Hönningen

Date added: 24.07.2024

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