House for sale in Vlotho, Germany

This property is a detached flat roof bungalow with a separate apartment on the ground floor, which provides an ideal opportunity for dual income or private living quarter, not to mention the Keller that offers ample storage space. The property is advertised to have a total living area of 165.83 m², which translates to a smart space with good fenestration and comfortable rooms. The finances of the property look appealing with a price tag of 147.000€, especially when taking into account the potential after-shave earnings. Looking at it as a lifestyle purchase, it presents spacious and comfortable living conditions for a family seeking the serenity of suburban living, yet in close proximity to amenities. The presence of a carport is an added bonus for people preferring private transport. The relatively low price in relation to its par value and size is quite attractive to potential buyers hoping for value for money. The estimated price reduction of 30% provides a buying-in price of 102,900€ which is a fantastic opportunity for those considering this property. From an investment perspective, considering the much lower price compared to the estimated value, it could turn out to be an excellent deal, considering that the current market is tilted in favor of buyers who are price-sensitive. Though the area does not specify as much, being a bungalow in Germany certainly has its perks, like lower maintenance cost, comfortable living year-round, and high demand, especially among families with children. The presence of a garage and storage areas in the cellar also creates a positive image for potential future rentals. With adjustments and approvals where necessary, the cellar could serve as another rental unit, adding an extra stream of income for the owner. The property is due to go under auction, which could also work in the buyer's favor by adding urgency to the process, potentially leading to lower bids. All in all, this property presents a fantastic opportunity for both lifestyle and investment purposes.