House for sale in Wipperfurth, Germany

From a buyer's perspective, this 150 sqm weekend house with 133,300€ for a property located in Wipperfürth, Germany, (described as a single-story house with a finished loft and terrace, garden, and garage) appears to be a decent investment opportunity with some potential drawbacks that need to be addressed. The property was constructed in 1957 and has been well-maintained, with a working gas-fired heating and hot water system. The half-covered terrace would provide pleasant outdoor living, and the presence of a garage is an added convenience. However, a few concerns might arise from the description provided. Both a backlog of maintenance and a general need for renovation and modernization are mentioned. Frequent sun exposure and proper lighting are positive aspects for the property, but its age and the outstanding issues may cause potential buyers to consider their options carefully. Given its estimated market value of 133,300€, a conservative buyer might take advantage of the estimated 30% discount, reducing the purchase price to 93,310€. This would represent a feasible investment, given the current state of the property and neighbourhood. While the house offers potential as a weekend retreat or an affordable investment, these potential renovation costs should be considered and weighed against the overall value enhancement of the property after any proposed upgrades and repairs. The listed phone number and information are provided for those interested to contact the estate agent concerning this property, which is scheduled for auction through a German court. Prospective buyers can find more information and other regular listings in a monthly catalogue that is reportedly published at Rainer's Real Estate, appealing to a budget-conscious target audience.