house for sale in Rosrath, Germany

As a buyer, this property in Rösrath presents a unique investment opportunity. The property, while in need of renovation, offers a large living space of approximately 220 m², spread over two levels, on a 866 m² lot. It has a total of five rooms and four bathrooms, ensuring privacy and comfort for a growing family. The property's location in the second row and its generous lot size offer ample space and privacy. From an investment standpoint, the property's renovation potential is a key factor to consider. With the correct design and execution, it could provide significant returns. In its current state, the property is priced at 449,000€. However, refurbished properties in the area may be priced higher, considering the ongoing demand for high-quality properties and the limited available supply. The property comes with three individual garages, providing additional value for parking and storage needs. This factor is particularly attractive for potential buyers who may have multiple vehicles or need extra storage space. The downside is the need for extensive renovation before the property can be fully utilized or efficiently rented out. However, this investment could present an excellent opportunity for someone seeking to put their stamp on a property and create their dream home or a lucrative rental investment. Due to the property's location and size, coupled with the current low prices, there is a potential for capital appreciation in the long term, especially in a neighborhood with strong demand for quality properties. In conclusion, while the current state of the property and the required renovation should be a consideration, the potential returns and the suitability of this property as a lifestyle purchase or investment opportunity provide compelling reasons for further exploration.