House for sale in Reutlingen, Germany

From a buyer's perspectives, this property offers 84 square meters of living space with three bedrooms, two bathrooms, and a kitchen. The property has been renovated with a basement and a loft, encompassing an apartment of approximately 112 square meters in total. It has a balcony and a garden on a spacious plot of 445 square meters, which is an attractive feature. However, the agents reported that the property needed further restoration and had some defects. Thus, it would require potential buyers to invest time and money into renovating the space. As a real estate investment, one would need to weigh these aspects carefully. The current market value is estimated at 196,000 EUR, with the potential to reduce costs by up to 30% to 137,200 EUR. This could be a good opportunity for someone who is familiar with renovation processes and who wants a spacious property in a decent location. Nevertheless, it's important to assess the extent of renovation work required and factor in the potential costs, as well as the time it might take to complete the renovation, before considering this a good investment. In terms of a lifestyle purchase, the property offers a private garden and a good-sized living area, which could be suitable for a family or individuals looking for a spacious property. However, the condition of the property needs to be taken into account, and potentially additional costs may arise during the renovation process that could affect this lifestyle aspect. Ultimately, the decision to pursue this property would depend on individual criteria such as personal taste, renovation skills, budget, and lifestyle needs. Considering the property's potential and its current condition, the prospect of a good investment could be there, but more work and analysis are necessary.