House for sale in Hamburg, Germany

As a potential buyer, this property in Hamburg offers a 3-bedroom, 135 m² house with a garden, a swimming pool, and a garage. The house was built in 1939 and underwent renovations between 1998 and 2003, featuring modernized windows. The property description mentions some age-related renovation and maintenance needs, as well as an unkempt appearance of the outdoor spaces.The house layout includes a cellar, a kitchen, a living/dining room, and two bedrooms, which are described in detail. The heating and hot water are provided by a gas-fired central heating system installed in 2016, and there's also a fireplace in the living room.The listed price is 795,000 €, but the estimated market value (Verkehrswert) is 795,000 €, so you might secure a 30% discount, bringing the purchase price to 556,500 €, excluding notary costs and broker fees.In terms of real estate investment, the property may require additional renovations and expenses, which could impact the rentability and overall profitability. As a lifestyle purchase, the property offers a cozy atmosphere, comfort, and enough space for a growing family. However, the property could be a source of additional expenses due to its age and the need for renovations.