House for sale in Burgdorf, Germany

As a potential buyer, this property description presents several key factors to consider for both real estate investment and lifestyle purchases. From an investment perspective, the property is located in Burgdorf, which may provide various advantages. The current asking price is 275,000€. However, take into account the noted condition of the house, which is described as "mangelhaft" and in need of dringende sanierungsarbeiten (significant repairs and renovations). The seller mentions that abstützungs- und sicherungsmaßnahmen (support and safety measures) are required for the roof and the floors, suggesting it's an older property with potential structural issues. It is also mentioned that a nearby outbuilding is "teilweise einsturzgefährdet" (partially at risk of collapsing) which may add to your potential investment and renovation costs. Given the property's age and condition, firstly, you would need to assess the possible costs associated with restoring the property. Secondly, consider the real estate market in the region. Are there many similar properties available on the market? How is the local economy, employment rates, and population growth? These aspects will help you determine the potential return on investment. In terms of the lifestyle aspect, the property offers 212 m² of living space with 61 m² of Nutzfläche, which could accommodate a family or potentially two families (given the two separate living spaces). It has a garden and mentioned amenities like the wintergärten (a popular feature in Germany to help garden in the colder, winter months). However, the property is currently in a state of disrepair, which may limit your immediate use and enjoyment of the property. In conclusion, this property presents both significant challenges (immediate repairs/renovations and possibly structural issues) and potential once completed, including its size and amenities. However, it also is pricey for a house that is not ready for immediate move-in, with a need for a considerable budget for renovations, or even structural work which could potentially escalate. While it seems attractive due to the size, it's essential to assess if you have the budget, patience, and capacity to manage the repairs and renovations necessary for this property. It is recommended to consult with real estate professionals, engineers, or architects before making an offer.