House for sale in Neuss, Germany

From a buyer's perspective, this property offers a two-story, four-unit multi-family house with a total living area of 164 square meters. It includes balconies, a garden, eight garages, and four parking spaces outside. The property is estimated to have been built around 1966 and features an oil-fired central heating system installed in 2020, along with an electric water heater. This property is located in Neuss, which is a desirable area. It is being auctioned by the local court, and the estimated market value, or verkehrswert, is EUR 842,000 (EUR 728,400 after a 15% discount). It's best to contact the provided phone number (0221-97459790) for further information and to inquire about the bidding process, procedures, and storage costs. As an investment, the property seems to have good potential if you can secure a 30% discount on the verkehrswert, as it will lower the price you need to pay considerably. It is best to weigh the pros and cons of this investment opportunity and consider the ongoing costs, such as maintenance and mortgage payments. As a lifestyle purchase, this property would be ideal for someone looking to live in Neuss, run a multi-family investment, or have additional living space. The property has plenty of amenities, including garages and parking spaces, which is a big plus. However, be prepared for possible maintenance and roofing repairs, as the property appears to be an older one. In summary, this property seems to be a good investment opportunity if you can negotiate a fair price and are prepared to take on a larger, multi-family house. However, make sure to weigh the benefits consider the potential costs and challenges, both now and in the long term.