 As a potential buyer, you are considering a semi-detached house located in Mettmann, Germany. The property, built in 1968, has a total living area of 114m². Additionally, it offers 3 garages, and it appears that there is an ownership share that is subject to a rights of use agreement, with a possible opportunity to acquire the entire property in the future.

For a real estate investment, this property has both strengths and potential challenges to consider. The estimated sales price of 266,400€ is reasonable for the region, but whether it provides a good return on investment depends on various factors, such as your potential rental income, financing costs, and expected future appreciation of the property. The property is in Mettmann, which has a population of approximately 39,000 inhabitants, making it a suitable area for investors looking to generate a steady income through rents.

As a lifestyle purchase, this property offers the opportunity to live in a semi-detached house, while also providing the potential advantage of partial ownership in a community. The age of the building, being on the older side, may present some maintenance challenges or renovation opportunities. The quality of life in the neighborhood, with its population of approximately 39,000 inhabitants, depends on your personal preferences, such as proximity to local amenities, transportation, and outdoor recreational activities. The property's proximity to the Mettmann district's core provides an easy access to shops, schools, and recreational areas.

In summary, the 1.5 million property in Mettmann, Germany, may have both appeal as a real estate investment and as a lifestyle purchase, but prospective buyers should carefully evaluate the costs and benefits based on their personal and financial needs.

Objektbeschreibung                          Doppelhaushälfte, Baujahr: ca. 1968, Erbbaurecht liegt vor, Wohnfläche: 114m², 3 Garagen, keine Innenbesichtigung; es wird 1/2 Miteigentumsanteil versteigert

House for rent in Mettmann, Germany

 Based on the provided property description, it is a semi-detached house with an estimated construction year of 1968. The property has an approximate living area of 114 m², and it comes with 3 garages. Unfortunately, no interior inspection is permitted. As a real estate investment, it is challenging to assess the property's potential without viewing it in person, but based on the limited information provided and the general state of the real estate market, it seems like it may have potential for investment with the shared ownership (Miteigentumsanteil) selling at 266,400€. However, for a lifestyle purchase, it is more challenging to assess as it's essential to evaluate the property's condition upon inspection, and it is uncertain whether it meets the buyer's personal preferences and needs.

 Based on the given property description, the following is an analysis of the property for a real estate investment and lifestyle purchase perspective:

Property Description:
Duplex House, Built: circa 1968, Erbbaurecht (inheritance right) exists, Living Space: 114m², 3 Garages, No Internal Inspection, 1/2 Shared Ownership is being auctioned.

Real Estate Investment Perspective:
1. Location: Mettmann is a popular and relatively affordable area close to Cologne. This could be an attractive investment opportunity for those seeking to take advantage of the potential appreciation in property values due to its proximity to a major city.
2. Property Condition: With an estimated construction year of 1968, the property may require some renovation or modernization to bring it up to date, which could be a disadvantage for some investors.
3. Shared Ownership: The fact that the property is being sold as a 1/2 shared ownership may make it less attractive for investors, as it complicates the ownership structure and could potentially lead to disputes.
4. Parking: The availability of three garages is a considerable advantage, as it provides ample parking and storage space, increasing the property's appeal for potential buyers.

Lifestyle Purchase Perspective:
1. Property Size: The living space of 114m² provides ample space for a small family or couple. This Silverstoneer spatial extent may be ideal for those seeking a comfortable and functional home without the need for excessive square footage.
2. Location: The proximity to Mettmann and its amenities provides a convenient lifestyle option. The close proximity to Cologne offers access to cultural and recreational activities, while still providing a sense of community.
3. Resale Potential: The shared ownership aspect may make it more challenging to sell your share in the future, and the need for potential renovations may impact the property's overall appeal and resale value.

In summary, this property offers a mix of potential advantages and disadvantages. Its location is attractive, but the shared ownership and potentially outdated condition may limit its appeal as a real estate investment. For lifestyle purposes, it presents a comfortable living space in a convenient location, though the shared ownership aspect may complicate matters for some buyers.

House for rent in Mettmann, Germany

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