House for sale in Neustadt - Schleswig-Holstein, Germany

• Küche Einbauküche
• Bad 1
• Bad Wanne
• Boden Fliesen, Teppich, Laminat
• Garten
• Terrassen 1

Buyer Perpective: From a buyer's perspective, this is a 275.000€ property located in Neustadt, Schleswig-Holstein, with a description of a 1996-built semi-detached house with 8 individual units on a 1,826m² lot. Each unit has a car parking space and terrace, with a shared ownership of the land (1/8th each). The property has a total living area of approximately 90.55m² (consisting of a 51.50m² ground floor and a 39.50m² upper floor). The ground floor features a guest WC with sink, washing machine and dryer connection, kitchen with a built-in kitchen row, and a living and dining area with access to the south-facing terrace. The upper floor offers a hall, a bedroom, two small bedrooms (each approx. 10m²), and an internal bathroom with shower and toilet. For real estate investment, the property seems to have been tenanted for long-term occupancy, which can be a good sign for stability and predictability of rental income. The asking price of 275.000€ is equivalent to around 3,040€ per month as a rental (assuming a 3% rental yield), and based on the provided description, the property appears to be well-maintained and has good potential for steady income. For lifestyle purposes, owning this property would offer a coastline location and proximity to medical facilities, while still providing privacy due to the shared ownership structure and the number of individual units. The units are equipped with parking spaces and terraces, offering outdoor living spaces. However, the property might not have the charm and character of older, more historical properties commonly seen in the area. Overall, the property seems like a good option for investors looking for a steady rental income and those looking to combine coastal living with privacy and relatively low maintenance. For lifestyle purchasers, the property might be less appealing if they prefer more character and historical features.