House for sale in Bad Pyrmont, Germany

Property Description: 1. Location: This property is located at Bad Pyrmont, a spa town in Lower Saxony, Germany. It's situated in a picturesque location, which can be a perfect choice for those who seek a tranquil and serene lifestyle. 2. Property Type: It is a two-story semi-detached house with a cellar and an attic, providing ample living space. 3. Size: The living and usable area is 86/100 m², which is quite spacious. 4. Age: The house was built in 1955, with the carport added in 1991. Given its relatively modern construction, you can expect it to be in good condition. 5. Renovation Status: The property has been fully renovated and maintained in good condition. 6. Tenancy: The property is tenanted. 7. Heating: The house is heated by a central gas boiler that also provides hot water, ensuring year-round comfort. 8. Leasehold: There is a leasehold interest on the property, which lasts until September 2, 2054. The annual lease payments are €58,35 per month. 9. Current Market Price: The estimated market value of the property is 158,000 €. 10. Potential Discount: You may be able to secure a 30% discount on the listed price, bringing the effective price for the property to €110,600 or less. Save on notary fees, brokerage, and catalog fees. 11. Additional Information: This property is listed in the local court (Amtsgericht) auction with useful contact information for further inquiries. 12. Additional Services: They also offer a catalog containing more properties, along with the option to subscribe to their monthly newspaper for a cost-effective way to find desirable properties at competitive prices. Real Estate Investment Outlook: From an investment standpoint, the property's location is not only attractive for its natural beauty but also due to its proximity to commercial areas, schools, and other amenities. Close to Bad Pyrmont, you can find casinos and spas, making it a popular tourist destination. Properties in Bad Pyrmont have been exhibiting stable growth, which can be a good sign for potential capital appreciation. Renovated properties are attractive to tenants and maintain a steady rental income stream, which can be used for portfolio diversification or passive income. Lifestyle Purchase: With scenic landscapes of spas, casinos, and amenities nearby, the property can be an excellent investment for those seeking a relaxing and enjoyable lifestyle. The local area also has numerous recreational opportunities, including hiking, outdoor sports, and a rich cultural scene. Bad Pyrmont is easily accessible via public transportation, including a train station and road connections, which can make daily commuting to work or leisure activities more accessible.