Other for sale in Horb am Neckar, Germany

From a buyer's perspective, this property is located in Horb am Neckar, and the description seems to highlight some issues that would make it a risky investment. The property has a total living space of 111.86 m² with a 99.56 m² stable and an annex. It was built in 1965 and has both a Wiesengrundstück/Grünland and an outdated (Einzelofen im Wohnzimmer mit Festbrennstoffen) heating system along with an Electroboiler for warm water. The property appears to be in a poor condition and is not economically viable for refurbishment since the costs are not estimable. There is a significant amount of repair and maintenance work required and the property is technically outdated. The asking price is 56,850 €, but since you are advised to secure a 30% discount on the market value, that would effectively reduce your payment to approximately 39,795 €. This already includes the Notar costs and commission. Given the property's condition, there seems to be a bigger potential for lifestyle benefits than as a real estate investment. The location, if it's livable and suits your needs, could offer an affordable and charming opportunity to have a home. However, prospective investors should understand the potential challenges of their decision. It would be important to carefully consider your options, budget, and needs to weigh the potential risks against any benefits from both a financial and lifestyle perspective.