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House for sale in Linnich, Germany

122 000€

52441 Linnich

Property description

In your description of the property, you mentioned a 100-square-meter, one-sided extension, and a multi-level dwelling with two floors and a loft. The house includes a garage in the courtyard and a shed. It was built approximately in 1920 and needs some minor to moderate repair work. The property is listed for sale via auction at a bid price of 122,000€. You mentioned that a 30% discount can be negotiated, putting the final price at 85,400€. For a real estate investment, this property may have limited potential as it requires work. However, you could generate a healthy return by buying at a discounted price and investing in renovations. If you are seeking a lifestyle purchase and plan to live in the property, extensive renovations could turn this house into a comfortable and modern home. However, keep in mind the estimated repair costs and the challenges that may arise during the renovation process. In terms of lifestyle, living in a smaller town like Linnich Habenhausen, you will enjoy a quiet environment with a smaller population and limited commercial activities. The convenience from the property gives you access to recreational areas and amenities, such as shops and restaurants. If you have a family, Linnich offers excellent schools and parks available for the kids. Overall, it is important to assess the property's condition and structural integrity before deciding to make an offer. As a lifestyle purchase, the quiet town and surrounding amenities offer a calm environment. As an investment, you may obtain a good deal if you are willing to put in the necessary work. To learn more, you can contact them through the provided phone number or visit the auctions. Please note that the description of the property is in German, so ensure to use a translator, or get a realtor to assist you if you have doubts.

Location

52441 Linnich

Date added: 24.07.2024

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