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47167 Duisburg
Gross Yield:
0.08%
Time to pay off with rent:
200.4 years
Price Difference:
300000%
Expected Rent:
600€/month
Property Description: This is a predominantly unused plot of land featuring an old residential building situated in the northwestern part of Duisburg. The existing structures are in a poor state of repair and are considered ready for demolition. Access to the property was not permitted, which means an interior inspection could not be conducted. The majority of the undeveloped area is characterized by overgrown shrubs and tree growth, indicating a significant lack of maintenance. Potential buyers should be aware of the condition of the site and the associated considerations for redevelopment. The property offers various development possibilities due to its size and location, making it a prospective investment for those looking to create new residential opportunities or commercial use. The surrounding area is generally defined by mixed-use properties, and investors may find this to be an attractive opportunity for long-term gain through renovation or new construction projects.
47167 Duisburg