House for sale in Radeberg, Germany

This property is a semi-detached house with five apartments spread over three floors, offering a total living area of 410 m², and additional a detached building with two floors and a living area of 103 m², which includes a carport and a shed. The property was built in 1886 with renovations completed in 1985 and since then, partial refurbishment was conducted around 1998. The property is located in Radeberg, Germany. For a real estate investment perspective, the property seems to offer a considerable amount of space, which can be further utilized to generate income through renting out the vacant apartments or by creating additional living space. Given its size and the current asking price of 47,000€, it seems like a good investment opportunity, considering the average property prices in Germany. However, it's essential to consider the dilapidated state of the building and the additional costs such as renovation or refurbishment, which may not be accounted for in the estimated investment cost. For a lifestyle purchase perspective, the property provides a certain charm due to its age and the additional outbuildings, suitable for storage or further expansion. However, the location, state of the building, and the size of the property might not be suitable for everyone's lifestyle, and additional costs for renovation or upkeep should be considered. Please contact the provided telephone number for additional information on the property, as it is currently being auctioned by the court. Considering the stated condition, size, age, and location, this seems like a promising investment property, but further inspections and a thorough cost-benefit analysis are advised before making a purchase decision.