House for sale in Landau in der Pfalz, Germany

Property Description This two-story multi-family house with an attic and cellar has a total living space of 390 m². The apartments range from 70 to 116 m² in size and also feature a rooftop terrace. Built in 1939, the property is currently rented out and is in an average to satisfactory structural condition. It displays clear signs of neglected maintenance and requires overall renovation work. Thoughts on Price: The asking price for this property is 620,000€. While the property may need some renovations, the potential for a return on investment is promising. With the opportunity to potentially secure a 30% discount on the market value, bringing the price down to 434,000€, this could be a great investment opportunity for someone looking to add value to a property and increase its resale potential. Consideration of the renovation costs and the potential return on investment should be taken into account when assessing the value of this property.