House for sale in Mittweida, Germany

Description from Buyer Perspective: This 331,000€ property is located in Mittweida, Germany and features a stunning baroque-style Chateau. The three-wing structure, spanning two stories with a partial basement and attic, offers a total living area of 1,909 m². Additionally, the property includes an adjacent orangerie and a courthouse, further increasing the overall square footage and offering versatility in usage ideas. Upon inspection, the property requires substantial repair and renovation, including damaged roofing, weakened structural ceilings, and damp-related issues. The current lack of heating, inaccessible water supply, and non-functional garage also contribute to overall unfitness for habitation. Despite the extensive repairs needed, this property could be a prime candidate for a long-term investment and renovation project. Renovating this mansion may attract tourists and locals alike, providing rental income potential, or it could be transformed into a personal residence boasting a unique, high-end finish that would surely increase its market value. From a lifestyle perspective, owning this historic property would provide unparalleled potential for social events and entertainment. Its impressive size and baroque architecture make it an ideal setting for lavish events and gatherings. In summary, while this property requires substantial investment and restoration, its potential as a unique and valuable real estate asset, both for personal use and as an income-generating venture, makes it an appealing option for the right buyer.