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House for sale in Lauffen - Baden-Wurttemberg, Germany

235 000€

74348 Lauffen - Baden-Württemberg

Property description

From a buyer's perspective, this property offers a great opportunity for a small real estate investment in a picturesque location. This plot of land in Lauffen, Baden-Württemberg, has the potential for a redevelopment or renovation project for a new build or as an independent living space. The land has an area of approximately 15m x 25m, and the existing home, which needs renovation, can be transformed according to your personal style and taste. It's important to factor in potential renovation costs, as the current home has a rough or raw building style and features no heating. An alternative could be to demolish the existing building to make way for a brand-new build, although a building plan for this area doesn't already exist. Any exceptions to this rule would need to be approved by the local building authority. In terms of real estate investment, it's a speculative purchase, considering that revenue would not be guaranteed before redevelopment or renovation. Yet, assuming everything goes to plan, there's room for future profit – either through re-selling or a rental income revenue stream once the property is completed and ready to be inhabited. It's also worth mentioning that demand for living spaces in and around Lauffen, Baden-Württemberg is gradually increasing, which could be a positive sign for potential revenue from long-term rentals. From a lifestyle point of view, purchasing this property means immersing yourself in the serene countryside.renovate or to build a new home from scratch. With the current housing market trends in Lauffen, Baden-Württemberg leasing your newly built or renovated home could be a viable option to consider – either long-term or short-term rentals. The exact rental returns would greatly depend on various factors such as the completed property's layout and amenities, location, and market demand in the area. As a new owner, you would also have the flexibility to make the property a permanent dwelling if you decide that your investment journey is coming to an end. Overall, the combination of possibilities and the prospect of a quieter lifestyle rural setting may be appealing to potential buyers.

Location

74348 Lauffen - Baden-Württemberg

Date added: 24.07.2024

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