House for sale in Neuss, Germany

This property description highlights a semi-detached two-story house with four residential units and a total living area of 164 square meters, featuring balconies, a private garden, and ample parking options, including 8 garage spaces and 4 open parking spots. The house has been retrofitted with an oil-fired central heating system and an electric hot water heater installed in 2020, providing reliable comfort throughout the year. The property is listed for 842,000€ with a potential 30% discount, enabling you to secure it at a lower price of 588,600€. This drawn-out listing period, various price cuts, and promotional discounting of notary and agent fees indicate that the seller is eager to close the deal and are open to negotiations. In terms of rental income potential, the estimated land value of the property is high, given its prime location in Neuss. The property can be used as a seasonal rental property or provide steady passive income through long-term rentals. Investing in a buy-to-rent strategy would provide frequent income streams and capital appreciation over time. For lifestyle investment, this property would cater to individuals seeking independent living, but with the advantage of community living due to the four residential units. It is also strategically located, enabling easy access to services, amenities, and recreational facilities, thereby enhancing the quality of life for residents. The availability of parking spaces is an added convenience in this busy city. Given this property's state, upgrades potential, and prime location, it is an excellent option for both real estate investment and lifestyle improvement for the long term.