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House for sale in Dresden, Germany
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House for sale in Dresden, Germany

340 000€

01259 Dresden

Investment Breakdown

Gross Yield:

5.5%

Time to pay off with rent:

23.6 years

Price Difference:

-50000%

Expected Rent:

1200€/month

Property description

This property is a free-standing single-family home with two floors and a basement, covering a total living area of 156 square meters and an additional usable area of 130 square meters. It features an extension that is a single-story structure and also has a basement, which has been utilized as a garage. The property dates back to around 1930, although the exact year of construction is unknown. The building currently presents several challenges, including deficiencies in building condition and maintenance, as well as evidence of vandalism. Inside, there are significant amounts of waste and disorder, requiring careful assessment and potential restoration efforts. Despite its current state, this property holds potential for those willing to invest in renovation and improvements, making it an interesting opportunity for buyers looking for projects in the real estate market.

Location

01259 Dresden

Date added: 13.12.2024

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