House for sale in Halle, Germany

From a buyer's perspective, this property is a freestanding, one-story house with a cellar and renovated upper levels, offering 111 square meters of living space. The house includes an integrated garage in the cellar, a separate garage, and a guest house. The property was built in 1963 and has undergone renovations in the years 1997/99 and 2001. It has been sitting vacant since 2020 and requires modernization. The property features an Erdgas focal point heating system for heating and a hot water generator. It is situated in the 06130 Halle, which might be of interest to buyers. The asking price for the property is 295,000 €, and the buyer has the option to secure a 30% discount on the market value. This would bring the final price down to 206,500 €, including legal fees and agent's commission. As a real estate investment, this property could offer potential returns, considering the unique combination of the home, guest house, and garages. However, the property's condition and the need for modernization might make it unsuitable for some investors. For lifestyle purposes, the property might be an excellent option for people who need extra living space or want to host guests in the separate accommodations. However, the property's condition might require significant time and investment for maintenance and improvements. Ultimately, the buyer would need to assess the property's condition, their personal needs, and the market potential in the area to make an informed decision about this investment.