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House for rent in Rheinberg, Germany

179 000€

47495 Rheinberg

Features

  • Keller

Property description

Upon first glance, this 1964-built, two-family home appears to be in need of significant renovations. The house offers 148m² of living space, which is modest for the current real estate market. However, the presence of a basement and a garage can provide additional storage and parking options for potential buyers. For real estate investment, the property's location in Rheinberg may not be advantageous. Moreover, the need for refurbishment might make it challenging for investors to generate good returns in the short term. However, buyers with a vision for remodeling and adding value could see great potential in this property. As a lifestyle purchase, this house might not be ideal for someone seeking a move-in-ready home. Families with children, especially in the homeowner market, may be deterred by the need for major renovations and repairs. Additionally, the proposed renovations should take the current rental market, local amenities, and economic factors into account to ensure the property remains a good investment in the long term.

Location

47495 Rheinberg

Date added: 24.07.2024

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