Renovate the exterior facade of a 60s house

We have now found a house after almost two years of searching that we would like. The market is very difficult here. It was built in 1964 and has such panels on the facade (common in this development area). I have already googled but could not find what this is called (because of the links on Immoscout, 88326, price 185,000).

Is it difficult to renovate? What is it? Can you apply normal plaster with insulation on it?

Thank you!

Please forgive any spelling mistakes, had to entertain two toddlers at the same time :)

What it is.. probably best to ask the owner / agent - I could imagine that it is fiber cement - whether asbestos or not I do not know. I could also imagine that they would be torn down before insulating with [WDVS].

I believe we also have these panels on the house. From the outside, you can see a kind of bitumen layer coated with small stones. This layer is glued onto a wood fiberboard. Between these panels and the brick wall, we have a 25mm batten installed. You can work these panels quite well with a circular saw. Our plan is to remove these panels in a few years and insulate the house.

As a tip: there are often problems in our region on the weather-exposed side. Because once the bitumen is no longer watertight and the wood fibers absorb water, the panels swell and fall off.