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House for sale in Schmalkalden, Germany

108 000€

98574 Schmalkalden

Property description

From a buyer's perspective, this property is a 144 m² (1550 Sq. Ft.) two-family house with a layout that includes a basement, a ground floor, and an attic. The house consists of two separate living spaces, each with their own facilities such as kitchens, bathrooms, and bedrooms. The additional garage and storage rooms make it an attractive proposition for those looking to live within a 1,080 m² (0.26-acre) lot. As an investment, this property might be moderately priced with a 108,000€ (around 122,500 USD) asking price. However, with a possible 30% discount recommended by the listing, it would be an even more attractive offer at 75,600€ (around 88,000 USD). For a lifestyle purchase, this home would provide a significant amount of space and privacy, ideal for a growing family or those looking for additional living units for extra income. Its central location in Schmalkalden will provide easy access to town amenities and local attractions. On the downside for some investors, the property's age - built circa 1900 - might require some degree of renovation or maintenance, adding both time and expense to the purchase. Additionally, the inability to inspect the property from the inside could present potential unknowns relating to condition or quality of fixtures and fittings. In conclusion, at a baying starting price of 108,000€ (discounted to 75,600€) with circa 144 m² of living space in a central Schmalkalden location, this property offers promising potential for both lifestyle and real estate investment. However, buyers would be advised to undertake a comprehensive inspection before finalizing any purchase to ensure their investment aligns with their needs and expectations.

Location

98574 Schmalkalden

Date added: 24.07.2024

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