Other for sale in Geseke, Germany

• Boden Laminat
• Garten

Estimating the potential returns on real estate investment through property description: This apartment building, with a current market value of 575.000€, has several attractive features that might make it appealing for both real estate investment and lifestyle purchase. As an investment, its potential returns can be estimated through the property's location and tenant occupancy. First, the property's location in 59590 Geseke gives it good exposure and potential to attract long-term tenants, as people living in this area would likely want to stay close to their work or family. The availability of local amenities is also a major factor in real estate demand. Second, the property has five units assuring a steady income with long term occupancy and it also offers accommodation that caters to the needs of families with four-room apartments in addition to the standard three-bedroom units. Third, the property seems to have been well-maintained as the description mentions "partly new fassaden Dämmung" (partial new facade insulation), suggesting that the building has been partially refurbished which could attract potential renters seeking modern amenities. Moreover, the mention of a "Kleine Gartenfläche für Mieter" (little garden area for tenants) shows that the landlord considers the comfort of the renters, improving the property's attractiveness. The fact that the property benefits from a gas heating system indicates lower energy costs for tenants, another plus for the property. As for potential lifestyle purchases, buyers might be drawn to this property for its proximity to local amenities, family-oriented accommodation, and the lack of major renovation work necessary to modernize the building. The property might indeed be a good match for those desiring a comfortable living setting with the prospect of sound long-term returns. However, it is essential to conduct thorough market research and due diligence on the property before making a decision.