House for sale in Walheim, Germany

From a buyer's perspective, this property offers a multi-family home with three apartments spread over two floors, adding up to a total of 306 square meters. It comes with a partially underground cellar and a fully converted attic. The house is more than 90 years old, built in 1930, and it's clearly a good option for those who appreciate classic German architecture from that period. From an investment point of view, the property seems like a fair deal. It has a price tag of €395,000, but with a potential discount of 30%, the price goes down to €276,500. This already includes the notary costs and the brokerage fee, making it a relatively affordable option for the right buyer. The fact that it has three apartments is a good feature for a real estate investment, as it provides the possibility to earn income either from renting out all units or keeping one for personal use while renting out the other two. The downside of this property is the age of its construction, as it might require substantial renovation efforts to keep it up to the current standards and regulations. From a lifestyle perspective, acquiring this property would represent a good opportunity to live in or near Walheim, a lovely town in the state of Rhineland-Palatinate. The town is renowned for its rich history, charming atmosphere, and plenty of recreational activities. Living in a multi-family house can also have its advantages, such as having a family member or a friend to live close by. To summarize, this property has potential both for real estate investment and as a lifestyle purchase. However, the cost and the amount of renovation it would require should be carefully considered.