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House for sale in Neustadt/Orla, Germany
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House for sale in Neustadt/Orla, Germany

1€

07806 Neustadt/Orla

Investment Breakdown

Gross Yield:

5.5%

Time to pay off with rent:

0 year

Price Difference:

-20%

Expected Rent:

350€/month

Property description

This property is a two-story residential house with a basement, built around the year 1900. It has been uninhabited for many years, presenting a unique opportunity for renovation and potential revitalization. The building's historical architecture adds charm and character, making it an attractive option for investors or homebuyers looking to restore a classic structure. The location in Neustadt/Orla offers a peaceful environment, surrounded by nature yet within reach of local amenities and services. The property is ideal for those looking to embark on a renovation project, transforming it into a comfortable living space or a rental opportunity that could yield significant returns in the future. The low starting price is particularly appealing for those interested in home ownership or investment, and with the possibility of additional discounts at auction, this could be a rare chance to secure a property at such an affordable entry point.

Location

07806 Neustadt/Orla

Date added: 20.12.2024

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