Other for sale in Riesa, Germany

Property Description This property is a barn and residential farmhouse of the former sheep farm of the estate Jahnishausen, located in the old district of Böhlen near Riesa. It is situated in a rural area, approximately 7 km from Riesa. The former sheep farm is a cultural monument of the Free State of Saxony. The barn was built around 1780 and the existing buildings have a rubble stone masonry with sandstone corner blocks. These buildings have remained relatively unchanged in the village and are well-preserved. They hold historical significance in relation to the possessions of the Wettiner estate Jahnishausen, according to information from the monument document of the Free State of Saxony. The property has a substantial size of approximately 5,940 sqm and consists of 2 parcels of land. The current land value is 34,- EUR/sqm (as of 2024), totaling 201,960,- EUR. Other property features include limited access, only from the street side, in need of renovation, currently not suitable for living, generally in poor condition. EPC (Energy Performance Certificate) requirement does not apply due to heritage protection. Thoughts on Price The property's listing price of 150,000€ reflects its historical significance, large land size, and potential for restoration to its former glory. Considering the current market value of the land and the unique features of the property, this could be a valuable investment opportunity for someone looking to take on a project with historical importance. It is essential to factor in the costs of renovation and restoration when considering the overall value of the property.