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House for sale in Wermelskirchen, Germany

650 000€

42929 Wermelskirchen

Property description

1. Property Summary: A 650,000€ 169.51m² two-story house with a built-in garage, located in Wermelskirchen, Germany and was built in 2022. This property is a favorable investment at its current price, providing a potential 30% discount on the market value. The property includes a 1-car garage, outdoor parking, and 0 rooms. 1.1. Real Estate investment: The property's estimated market value of 650,000€ represents a good investment opportunity. The discount of 30% on the market price indicates a potential of 50,000€ for savings, and an overall 141,51 m² living space allocation, which is attractive. Additionally, the Current Value Rent (CVR) value is currently unavailable, which generally ranges from 20% to 30% of the property value. 1.2. Lifestyle Purchase: As a lifestyle purchase, the property in Wermelskirchen is conveniently situated for those having a personal vehicle to utilize the provided garage and outdoor parking. However, without access to a car, the closure of the nearby amenities may make daily commutes challenging. Also, the unfinished areas of the property may require additional time, resources, and potential red tape to complete. Overall, the property could be a good lifestyle investment for car owners or families looking to expand in this region, given the property's current market value, size and potential discount savings.

Location

42929 Wermelskirchen

Date added: 24.07.2024

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