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Financial expert: Do you use 300,000 euros of equity to buy a horse farm in Selm? Here are the facts.
According to a report from www.ruhrnachrichten.de, a horse farm with an area of over one hectare is for sale in Selm. The purchase price is 698,000 euros, with equity capital of 300,000 euros required. The property consists of a farmhouse with a living area of approximately 176 square meters and a usable area of 100 square meters, which houses six rooms, including four bedrooms and two bathrooms. The building also has a commercial part with two garages, oil heating, water supply system and utility room. It also offers a stable area with six stalls and a drive-through to the rear of the property. The property also has a well-kept…
Financial expert: Do you use 300,000 euros of equity to buy a horse farm in Selm? Here are the facts.
According to a report by www.ruhrnachrichten.de, a horse farm with an area of over one hectare is for sale in Selm. The purchase price is 698,000 euros, with equity capital of 300,000 euros required. The property consists of a farmhouse with a living area of approximately 176 square meters and a usable area of 100 square meters, which houses six rooms, including four bedrooms and two bathrooms.
The building also has a commercial part with two garages, oil heating, water supply system and utility room. It also offers a stable area with six stalls and a drive-through to the rear of the property. The property also has a well-kept garden and a small riding arena. Interested parties must provide proof of a minimum equity of 300,000 euros before viewing.
With a total of 73 houses for sale, the real estate market in Selm shows a wide price range. The price range ranges from 150,000 euros to 1.2 million euros. Both new units and existing properties are offered.
The marketing of the horse farm in Selm reflects the general situation on the real estate market. The requirement for a minimum equity of 300,000 euros could deter potential buyers as it is a significant sum. This requirement could impact demand and limit the potential buyer base. Additionally, the wide price range for real estate in Selm could lead buyers to choose alternative locations, which could result in a slowdown in the sales process.
Read the source article at www.ruhrnachrichten.de