House for sale in Chemnitz, Germany

Property description: This villa, built with Porphyrtuff, is located in an excellent residential area with a large plot of land. The property sits on approximately 9,500 m² of land, with around 7,000 m² designated as building land and approximately 2,500 m² as garden land. Adjacent to the villa is a commercial building from the mid-80s, originally used as a machine hall for a carpentry workshop, as well as additional buildings including garages, storage rooms, and a wood heating system. The villa, which is listed as a historical monument, has a footprint of 13.80m x 12.37m, is fully basemented, and features 2 full floors plus an attic. The total usable area is approximately 340 m². Previous heating systems included a wood central heating and a gas central heating. The property was previously used for residential purposes, as well as for a carpentry workshop and an office on the ground floor. The 7,000 m² of building land allows for the construction of new residential buildings (apartment buildings/homes). The property is located in the sought-after neighborhood of Chemnitz-Bernsdorf, with close proximity to public transportation, schools, daycare centers, shopping facilities, and the Technical University of Chemnitz. It is considered one of the most desirable residential areas, approximately 2.5 km from the city center. Thoughts on price: Given the prime location of the property in a desirable neighborhood with excellent amenities and the potential for new residential construction, the asking price of 750,000€ is reflective of the value and potential this property holds. The historical significance of the villa, the ample space for development, and the convenience of being near essential services make this property a unique and valuable investment opportunity.