Financial expert analyzes: Parish of St. Marien in Lünen gives up two of four churches, further property affected.
According to a report from www.ruhrnachrichten.de, the parish of St. Marien in Lünen is planning to sell two of its four churches and a parish hall. This is in response to the declining number of churchgoers and members. In addition, the planned new construction of the St. Gottfried Church will be abandoned. This decision has important implications for the local real estate market. The impact on the real estate market The abandonment of two churches and a parish hall by the parish of St. Marien in Lünen will have a significant impact on the local real estate market. On the one hand, the properties become available and could potentially come onto the market at attractive conditions. …

Financial expert analyzes: Parish of St. Marien in Lünen gives up two of four churches, further property affected.
According to a report by www.ruhrnachrichten.de, the parish of St. Marien in Lünen is planning to sell two of its four churches and a parish hall. This is in response to the declining number of churchgoers and members. In addition, the planned new construction of the St. Gottfried Church will be abandoned. This decision has important implications for the local real estate market.
The impact on the real estate market
The abandonment of two churches and a parish hall by the parish of St. Marien in Lünen will have a significant impact on the local real estate market. On the one hand, the properties become available and could potentially come onto the market at attractive conditions. On the other hand, the lower demand for church real estate will influence prices. It can be assumed that they will increase due to the changed supply. These changes could also have an impact on property prices in the area as they change the overall picture of the real estate market in Lünen.
The decision to cancel the new construction of the St. Gottfried Church could also have an impact on the planning and development of other real estate projects in the region. The financial resources released as a result could be invested in alternative projects, which could mean a change in Lünen's real estate market.
Overall, the decisions of the parish of St. Marien are important for Lünen's real estate market and should be followed closely by interested parties and investors.
Read the source article at www.ruhrnachrichten.de