House for sale in Duisburg, Germany

From a buyer's perspective, this property seems to offer a significant investment opportunity, as well as the potential for a comfortable lifestyle. The property is located in Duisburg, and it consists of three 3-room apartments, which are spread across two floors and an attic. The total living space is 213 m², providing ample space for living, working, or investing. However, the property does come with some drawbacks. The building condition is reported to be subpar, with various defects and outdated features. The two vacant apartments on the upper floors and the attic require extensive renovation and modernization to become habitable. This implies significant renovation costs that you will need to consider when calculating your total investment. From an investment standpoint, the property's location in Duisburg might not offer the highest return on investment, as the local real estate market may not be as dynamic or profitable as some other regions. The property is listed at 112.000€, and considering the property's condition and required renovations, it might be a challenge to sell or rent the apartments at a profit. However, if you are looking for a property that offers potential for renovation and personalization, and you are willing to invest the time and resources into making it a profitable venture, this property might be an option worth considering. Additionally, the offered discount of 30% on the evaluation price makes the property more attractive, financially speaking. As for the lifestyle aspect, the location in Duisburg offers a mix of urban convenience and suburban peace. The city is known for its industrial history and offers a variety of cultural and leisure activities. The area may be suitable for families or individuals who value the benefits of city living but also appreciate the tranquility of a quieter neighborhood. In conclusion, the property at 47249 Duisburg offers a mix of opportunities and challenges. It might be an excellent option for those who are willing to invest time, money, and effort into turning a potentially profitable property.