House for sale in Frechen, Germany

From a buyer's perspective, this property is a freestanding, single-family home (1966 built) with 98 m² of living space, a garage, and a terrace. It has 3 bedrooms and a total of 5 rooms. The property includes a cellar with two rooms, a washroom, a heating room, and an oil tank room. The heating system is powered by oil. The property, located in Frechen, is going through a public auction (Landgericht) and comes with a preliminary market value of 365,000€. It is recommended to secure a 30% discount on the market value, which would lower your payment to 255,500€. This includes notary fees and commission. While no interior photos are provided (probably due to the auction process), the house appears to have great potential for a reasonable price. It offers 3 bedrooms, which can be ideal for growing families or investors looking for additional income opportunities. Furthermore, the garage and terrace can be valuable aspects for increasing the property's worth and livability. For real estate investment purposes, the property seems like a good deal, especially with the recommended discount applied. However, potential investors are advised to conduct thorough research, property inspections, and consult with a financial advisor before making a final decision. As for lifestyle purposes, this property could work out for individuals or families who appreciate vintage-style homes and enjoy quiet, suburban living. It's also ideal for those who want a one-floor living concept with a basement. However, more information about the property's condition, surroundings, and any potential renovation or repair needs is essential for determining the overall suitability for lifestyle purposes.