House for sale in Duisburg, Germany

From a buyer's perspective, this property description highlights a two-story, multi-family house with seven units and a total living area of 538,45 m². It is in need of significant renovation and has a current market value of 38,900€. The description states that it is in a state that requires immediate renovation and that some elements, such as the roof and supporting structures, are in such poor condition that the property needs to be demolished. For a real estate investment, this property may not be the best choice due to its poor condition and the amount of work required. It would likely require a significant investment in time and money to renovate and bring it up to a livable standard. Additionally, the property is located in Duisburg, which may have positive or negative implications for its attractiveness as an investment. You should conduct further research on the local real estate market and neighborhood to determine if the property could potentially appreciate in value over time. As a lifestyle purchase, this property presents a unique opportunity for someone with experience in renovation and property investment. However, it is not recommended for novice investors or individuals who are not prepared to undertake a major renovation project. It is important to consider the potential costs and challenges associated with renovating a property before making a decision. The property's location also plays a significant role in its potential appeal as a lifestyle purchase.