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House for sale in Rheinberg, Germany
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House for sale in Rheinberg, Germany

179 000€

47495 Rheinberg

Property description

From a buyer's perspective, this property is located in Rheinberg, Germany, and is listed for 179,000€. It features a semi-detached house with two living units, a floor area of 148 m^2, and includes a garage and a garden shed. The property was built in 1964, with the garage added in 1972 and renovated in 1990. The renovation included new windows and bathrooms. The room layout includes a 78 m^2 living area in the ground floor, and a 70 m^2 floor area in the attic. It has an oil-fired central heating and hot water system, and a fireplace in the living room. The property needs substantial renovations as it is in poor condition, with a lot of clutter and junk. The property is being sold with an Easement (Erbbaurecht) that lasts until September 27, 2063. The estimated market value is 179,000€, and the buyer can potentially save 30% on this value, making the final price 125,300€. This includes notary costs and commission fees. For more information on this, or other properties, contact the mentioned phone number. Additionally, this property is listed in the monthly catalog of properties, which can be obtained via the mentioned number. In terms of investment, the property needs significant renovation work, which makes it risky and expensive. However, if your budget allows for the upcoming renovation costs, it could be a good investment. It also could be a good lifestyle purchase, as it offers plenty of space for living and entertainment, located in a town where the prices are still reasonable, which would offer a good quality of life for its owner. The specific lifestyle benefits would depend on your personal preferences and requirements. The nearby amenities and attractions in Rheinberg, as well as the local market conditions, would also play a significant role in considering this property as a lifestyle purchase.

Location

47495 Rheinberg

Date added: 24.07.2024

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