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House for sale in Duisburg, Germany

537 000€

47166 Duisburg

Property description

This description reveals a property in Duisburg, Germany, which has a living area of 274 m² and was built in 1923. It has three floors, including a basement, and an attic with an additional two rooms. The property was renovated and aimed to be utilized as a healthcare and nursing facility, but it doesn't seem to have been implemented. For a real estate investment perspective, the property's asking price of 537,000€ seems to be in line with the current market trends. However, the fact that the property was renovated for a different purpose, without actually being used for that purpose, may raise concerns about the property's current condition and whether additional expenses might be incurred down the line for necessary renovations. From a lifestyle perspective, the property could be suitable for someone looking for a spacious residence in Duisburg, with its two additional rooms in the attic that could potentially be transformed into bedrooms or home office spaces. However, the unfinished renovations may present some drawbacks for the prospective buyer in terms of potential investments and maintenance. In summary, given the uncertainties surrounding the property's current condition and the potential additional renovation costs, it might be wise for potential buyers to conduct a thorough inspection to better assess the investment risks associated with this property.

Location

47166 Duisburg

Date added: 24.07.2024

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