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House for sale in Niederkassel, Germany
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House for sale in Niederkassel, Germany

1 140 000€

53859 Niederkassel

Investment Breakdown

Gross Yield:

5.2%

Time to pay off with rent:

7600 years

Price Difference:

-150000%

Expected Rent:

13€/month

Property description

This unique property complex consists of a two-story residential and office building featuring five residential units and one office space, totaling 282 square meters of living area and 68 square meters of usable space. The residential units, ranging in size from 55 to 87 square meters, are equipped with balconies and terraces, enhancing their appeal. Additionally, there is a single-story family home with a developed attic, offering a generous living area of 149 square meters. All units share a communal underground garage complete with a car lift, accommodating six parking spaces. The buildings were constructed in 2020 and 2021, offering modern architecture and amenities. However, it is important to note that the property is not yet fully completed and has significant construction defects, particularly concerning moisture issues. This provides a unique opportunity for investors who are willing to address these challenges while capitalizing on the potential of this property.

Location

53859 Niederkassel

Date added: 30.11.2024

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