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House for sale in Gummersbach, Germany

197 000€

51647 Gummersbach

Property description

From a buyer's perspective, this property appears to be a freestanding single-family/vacation home with 123 m² of living space, including a loggia and covered terrace. The house was built in 1966 and features a gas-fired central heating system and water supply. Meanwhile, the assessment of the property's condition is described as satisfactory, although some maintenance work and general renovations are required. This property is located in Gummersbach, Germany, and based on the description, it seems like a favorable location for those looking for a holiday home or a primary residence. The condition of the property might require some investment in the short term for renovation and repairs. However, it could be considered a good investment opportunity, especially considering the potential to increase its market value through these renovations. The house's features, such as the loggia and covered terrace, would offer a great outdoor living space for sunny days and could be significantly valuable for those looking for a lifestyle purchase. Ultimately, it's a good investment opportunity, with the potential for increased value and a suitable lifestyle for the buyers that will appreciate the outdoor living space and the family-friendly environment. The suggested investment is 197,000€, but with a potential discount of 30%, the final price would be 137,900€. This could be an attractive price point, given the potential for further developing the property once the initial renovations are completed.

Location

51647 Gummersbach

Date added: 24.07.2024

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