House for sale in Dexheim, Germany

From a buyer's perspective, this property is a traditional, two-story house with a cellar, attic, and additional outbuildings, including a store, stables for horses, a barn, and an annex. The house was built between 1900 and 1949 and is located on agricultural land used for wheat cultivation. The property includes various plots with a regular, almost rectangular shape, extending in a long direction, with a northeast to southwest slope and sandy or loamy soil. The plots are currently rented out and generate a fixed rent of 400.000€ per year. The house offers a total living area of 546.000€ (approx. 6977.51 US dollars) with an estimated 30% discount, leading to a purchasing price of 382.200€ (approx. 503,602 US dollars). This price includes the annual rent and does not include notary fees and real estate agent commission. As an investment opportunity, the property seems to offer a good return on investment, assuming the rent remains stable and the renovation and maintenance costs are manageable. However, it is essential to analyze the market trends in the area and consider local economic factors when determining the overall potential for profit. As a lifestyle purchase, the property provides a great opportunity for someone who is looking for a traditional, well-maintained house with ample space for a family or even for those interested in agriculture or horse-breeding. Its location in Dexheim, Germany, also provides a peaceful and rural setting. However, buyers should expect to invest in renovations to modernize the property and ensure it meets their personal preferences and needs for a comfortable living space.