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House for sale in Salzgitter, Germany

403 000€

38228 Salzgitter

Property description

Description of the property (from a buyer's perspective): This 1982-built single-family home spans three levels, consisting of a basement, ground floor, and loft, with a total living area of ​​198 sqm and 39 sqm in the attic. It features 2 bedrooms, 2 bathrooms, a kitchen-living room with an open concept, and an additional atelier room. The property also offers a garage with added roof terrace on the first floor, as well as a shared terrace area. The building's structural components have already undergone some renovation, but some minor works may still be required. The property is in demand with an estimated value of 403,000 EUR. As an investment, this property offers a potential discount of 30% on the market value (i.e., a discount of 121,000 EUR), making it available at only 282,100 EUR. The purchase price includes no notary fees or broker commission. This property can be found in the Court's auction, with information available at a designated contact number. This beautifully described property appears in the monthly catalog of the cost-effective property auction. From an investment perspective, this property offers a 30% discount on its market value. Additionally, it has the potential for renovation, enabling the new owner to create value by improving the property, as well as to customize the space to suit their personal preferences and lifestyle. From a lifestyle perspective, the property is situated in a well-maintained area with ample amenities for comfortable living. However, information regarding surrounding amenities, local schools, and the neighborhood is not readily available from this description. Overall, this is a promising real estate investment opportunity, but it's essential to examine the local market conditions and the potential for additional renovation costs to ensure a profitable venture.

Location

38228 Salzgitter

Date added: 24.07.2024

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