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Striking property in Schwerte: Former Reich” for sale for 730,000 euros
According to a report from www.ruhrnachrichten.de, a striking property is for sale in Schwerte. The building is the former restaurant “Im Reiche des Wasser”, which is now being offered for just under 730,000 euros. The house houses the “Vinci” bicycle shop as well as several apartments and is a building that is over 100 years old. The property was closed in 2016 and is now being promoted as an interesting option for potential investors. The real estate advertisement for the former “Reich” points to an interesting development in the real estate landscape in Schwerte. The building has historical value and is probably due to this...
Striking property in Schwerte: Former Reich” for sale for 730,000 euros
According to a report from www.ruhrnachrichten.de, a striking property is for sale in Schwerte. The building is the former restaurant “Im Reiche des Wasser”, which is now being offered for just under 730,000 euros. The house houses the “Vinci” bicycle shop as well as several apartments and is a building that is over 100 years old. The property was closed in 2016 and is now being promoted as an interesting option for potential investors.
The real estate advertisement for the former “Reich” points to an interesting development in the real estate landscape in Schwerte. The building has historical value and is likely to influence the real estate market in the region because of this. Potential investors in particular could become aware of this opportunity given the low supply and demand in the city.
A renovation of the historic building could also represent a long-term increase in value. In addition, the sale of the building to an investor who will modernize and rent out the premises could lead to further developments on Schwerte's real estate market. All of these factors could lead to the increasing importance and attractiveness of the real estate market in Schwerte.
Read the source article at www.ruhrnachrichten.de