House for sale in Riesa, Germany

As a potential buyer, the property is a co-ownership of a semi-detached house with a floor area of 100.53 m², including a garage and a wooden shed. The house has two floors with no basement and an attic. It consists of an entrance hall, living room, kitchen, bathroom, and three bedrooms on the upper floor. Heating and hot water are provided by an oil-fired central boiler. The property is in need of some repairs, which have been acknowledged, and a 30% deduction is estimated for them. The listed price is 80,000 €, but by taking advantage of the provisions such as discount, notary costs and brokerage, you would end up paying only 56,000€, saving yourself the extra costs. This property seems like a good deal for those interested in real estate investment due to its competitive pricing. However, consider potential repairs and required renovations, which might affect the actual return on investment. For lifestyle purposes, the property offers enough space and amenities but might require more work and personal attention to turn it into your dream house. The relatively affordable price could still be a draw for those seeking a family home or listed off the market houses with potential for great renovation returns.