House for sale in Glinde, Germany

As a potential buyer, this property offers a 105 m² two-story bungalow with a garage and carport/shed. Constructed in 1967 and modernized over the years, the home's features include a hallway, living/dining room, kitchen, two bedrooms, and two bathrooms. The property's zoned as Pfeifenstil (sweather-protected) land. For a real estate investment, the property's current market value, including estimated building or purchase tax, notary fees, and estate agent's commission, is 410,000€. However, please note that in Germany, auction properties with a registered bid exceeding the market value will have TRIWO (third party rights of the participant in the auction) payments, which could rise significantly. Investment potential depends on the local property market analysis, including industry trends, supply and demand, rental income, comparable property sales, and projected capital appreciation over time. As a lifestyle purchase, the bungalow would be suitable for a small to mid-sized family, offering a good number of bedrooms for growing children while maintaining comfort and space. This specific location in Glinde might be suitable for those seeking quiet surroundings, rural living, or those who commute to work in Hamburg, which is easily accessible via the B103 motorway. Before making an offer, I recommend carrying out a thorough property inspection to identify any potential hidden costs or maintenance requirements and ensure the property is suitable for your needs.