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01833 Stolpen
Property Description: You currently live in a rental apartment, but you don't want to make others wealthy with your money anymore? Ideally, you would like to build a single-family house with a distant view in a small town? However, you are having trouble finding a suitable plot of land, and building is currently too risky for you? In that case, we have the perfect solution - acquire these two multi-family houses, live at the top with a view into the distance and rent out the lower units. With rental income (currently around 37,000€ per year), you can manage the interest and repayment of a loan quite well. Additionally, Stolpen is a beautiful small town, increasingly becoming part of the expanding metropolitan area of Dresden and is a tourist attraction. Renting out apartments here is likely to become easier rather than harder in the coming years. One of the apartments in the attic of the right house is currently vacant - if it's too small for you, you can expand it into a duplex apartment. Oh, you want to use the ground floor for commercial purposes? No problem, it used to be a drugstore. When would you like to schedule a viewing? Price Thoughts: In terms of the price of 680,000€, it seems to be a fair value for the potential income generating opportunity and the location. The property's unique features, including the option for dual usage (living and renting out), the beautiful surroundings of Stolpen, and the potential for future growth make it a worthwhile investment. With the current rental income and the potential for further development of the property, the asking price appears to be reasonable for what this property offers.
01833 Stolpen