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House for sale in Remscheid, Germany
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House for sale in Remscheid, Germany

115 500€

42897 Remscheid

Property description

From a buyer's perspective, this property is described as a 19th-century fachwerk building with a total living and usable space of 598 m², along with two additional buildings: a two-story workshop with 256 m² and a two-story utility building with 62 m². Additionally, there's a garage. According to the information provided, the property is protected as a monument, which may limit the potential for renovations or alterations. The property's listed price is €115,500, but as the description mentions, you might be able to secure a 30% discount on the market value, bringing the final price down to around €80,850. This price includes both notary costs and brokerage fees. For a real estate investment, this property seems like a good deal, especially considering the potential for owning a historic building in an area that might have limited supply. However, it's essential to evaluate the property's condition, potential renovation costs, and the local market before making a decision. As for lifestyle purchase, the property's location in Remscheid, Germany, and the availability of multiple buildings provide several options for use, whether it be residential, commercial, or a mix of both. It's important to consider if the property fits your personal and family needs, and if the local area meets your expectations for living.

Location

42897 Remscheid

Date added: 24.07.2024

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