House for sale in Buren, Germany

• Keller

Based on the provided property description, I will analyze this property from the perspective of a potential buyer, considering both real estate investment and lifestyle aspects, while keeping in mind the property's estimated flaws and maintenance requirements. Property Highlights: 1. Location: The property is located in Büren (33142), which may have several advantages like proximity to amenities, schools, and public transportation. 2. Type: An uncensored two-story home with a partial basement and a loft extension with a total living area of 185m². 3. Garage: There is a garage available for parking, which can be very convenient for those with vehicles. Potential Advantages: 1. Lifestyle: This property offers ample living space for a small family or couples with a growing family. Having a garage can also be an advantage from a lifestyle perspective, providing convenience for parking and storage. 2. Investment: The location may drive stable demand, especially if it is in a neighborhood with growing population or nearby job centers. The partial basement and loft extension can potentially cater to multiple uses and increase the rental income potential. Potential Drawbacks: 1. Price: At 213,000€, the property seems to offer a decent value for the area, but it is crucial to assess if the buyer can afford any unexpected expenses or price negotiations for the required renovations. 2. Bauschäden: The presence of several Bauschäden (building defects) might be a deterrent for buyers. These may lead to diminished return on investment or additional costs for repairs. My Recommendation: Before making a final decision, it's essential to inspect the property, preferably with a professional engineer or building inspector, to assess the extent of the Bauschäden mentioned and estimate the cost of repairs. It's also helpful to consult with a mortgage advisor to determine your borrowing capacity and potential return on investment. A detailed market analysis will provide insight into the property's value and its attractiveness to potential tenants, assisting you in determining whether this property is suitable for your goals.