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House for sale in Bingen, Germany
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House for sale in Bingen, Germany

857 000€

55411 Bingen

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Expected Rent:

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Property description

Property Description: Family house with a separate apartment in the basement, single-storey with a basement, a total of 164/83 m² of living space, including balconies, terrace, and 2 single garages. Built in 1963, the garages were built in 1970. The layout includes: Basement: hallway, utility room, cellar room, as well as hallway, WC, shower, kitchen, 2 rooms, totaling 83 m²; Ground floor: hallway, 2 separate toilets, shower, bathroom, kitchen, 5 rooms, totaling 164 m². Heating and hot water supply via a gas central heating system. Thoughts on Price: The property is currently valued at 857,000 EUR, but there is a possibility to secure a 30% discount on the market value, bringing the price down to only 599,900 EUR. This is a unique opportunity to acquire a spacious family home with additional rental income potential at a discounted rate. Additionally, the property is being auctioned by the local court, making it a potentially lucrative investment opportunity. Don't miss out on this chance to purchase a desirable property at a reduced price.

Location

55411 Bingen

Date added: 11.08.2024