House for sale in Mettmann, Germany

• Garage/Stellplätze 3

Based on the provided property description, here's an estimate of its suitability for both real estate investment and lifestyle purchase perspectives: Property description: - Location: 40822 Mettmann - Type: Doppelhaushälfte (semi-detached house) - Construction year: ca. 1968 - Erbbaurecht (hereditary right): lies ahead - Living space: 114m² - Garages: 3 - No internal inspection (Innentortest) - Partial ownership share in sale Real estate investment perspective: The property is priced at 266,400€ for a 1/2 ownership share. In comparison to other properties in the area, it seems to have an affordable price with a potential for good investment returns. The hereditary right could also increase the property value over time. However, it's important to note that the accurate market value can only be determined after additional details such as the condition of the property and local real estate market are assessed. Real estate investment potential: With a home surface of 114 m² and three garages, this duplex has a good internal space. The proper estimate of the return on investment and rental income will depend on factors like location, infrastructure, and demographic characteristics. Lifestyle purchase perspective: For a 1/2 ownership share, this property offers a reasonable living space and garage facilities. Mettmann's location in the state of North Rhine-Westphalia, close to Cologne, provides residents an enchanting setting with the combination of urban and rural life. The property's age, celebrated around the 60s, gives it a vintage touch and allows for certain refurbishing projects based on one's personal preferences. The fact that you will share ownership means that there will be additional challenges in terms of decision-making and management. Overall, the property seems to have good potential for a real estate investment, and the lifestyle it offers, especially in terms of living in a charming location, means that you will get good value for your money. But, make sure to do thorough research and consider hiring professionals like real estate agents or lawyers to help you out.