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House for sale in Salzgitter, Germany

403 000€

38228 Salzgitter

Features

  • Keller

Property description

As a buyer, you should consider the following aspects of this property: 1. Location: The property is located in Salzgitter, which may have its pros and cons. On one hand, it's close to local amenities, shopping centers, and transportation. On the other hand, it may not be in the most desirable neighborhood, and the area's development potential is uncertain. 2. Property type: The property is an apartment building with 39m² of usable space. This makes it a relatively small living area, and it may not be suitable for larger families or those requiring extra space. However, it could be an excellent starter home for young couples or individuals. 3. Size and layout: The property has 198m² of living space, which is relatively generous for a house of this type. The layout appears to be well-organized, with a similar footprint across the floors. The 1-floor design may also be advantageous for many households. 4. Age of the building: The house was constructed in the early 1970s. This means it may require some maintenance or modernization, especially in terms of technology, energy efficiency, and sustainability. Willing buyers should consider these factors and their ability to conduct the required renovations. 5. Renovation needs: According to the description, there have only been partial renovations, and some work is still required. As a buyer, you'll need to assess these needs and decide if you're comfortable with them or if you'd prefer to consider a more turn-key property. 6. Additional features: The property includes a detached garage, which can be advantageous as it provides extra storage space and additional parking. It also has a basement that functions as a full-fledged cellar, which can be convenient for laundry or extra storage. From an investment perspective: The house is located in a rather mixed neighborhood and has a size and lay-out that don´t suggest outright luxury or a high investment potential. It may appreciate in value depending on the local real estate market, renovation trends, and the wishes of potential future buyers. However, it does provide the possibility of securing a good return on investment in the medium to long term through careful planning, updates, and targeting the correct buyer. From a lifestyle perspective: The property could suit individuals or couples who want a small, cozy living space in a convenient location. The building's good layout and garden area may be particularly appealing. However, families with children or those looking for more space or luxury might need to seek out alternative options. In conclusion, if the property is well-positioned, and the necessary updates are completed to the buyer's liking, it could make for a comfortable lifestyle home that could also generate a healthy return on investment.

Location

38228 Salzgitter

Date added: 24.07.2024

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