House for sale in Gelsenkirchen-Buer, Germany

Property Description: This property is a two-sided residential and commercial building with 8 apartments and a mosque, consisting of 3 floors and a basement. The converted attic offers a total of 352 square meters of living space and 193 square meters of usable space. There are also two additional extensions and an interior courtyard with 5 garages. The building was constructed in 1902, rebuilt in 1958, and the garages were added in 1991. In 1984, the former restaurant was converted into a mosque. The courtyard can only be accessed through the neighboring property (access through the house). The building is in a significantly poor condition, with consideration towards demolishing all structures as it is seen as the most economical solution. Unfortunately, interior inspection was not possible. Price Thoughts: The property is being auctioned by the local court with a market value of €136,000. However, there is a possibility to secure a discount of up to 30% on the market value, making the final price for this property only €95,200. Additionally, notary fees and agency commission are waived. This could be a unique opportunity for a buyer looking to purchase a property below market value and invest in potential renovation or redevelopment. It is advisable to act swiftly and secure more information from the provided contact number to potentially acquire this property at a discounted price.