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House for sale in Gera, Germany
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House for sale in Gera, Germany

308 000€

07548 Gera

Property description

Property description: This property is a building with a one-sided construction, consisting of 11 apartments and 2 commercial units spread over 4 floors with a basement and converted attic. The apartments range in size from 45 to 83 sqm, while the commercial units are 45 and 119 sqm. The total living area/usable area is 654/164 sqm. The building dates back to the years before 1900 and 1996-98. The individual market values for the commercial units range from 12,000 to 44,000 EUR, and for the apartments between 13,000 and 38,000 EUR. It was not possible to view the interior. Thoughts on price: The property is being auctioned at a market value of 308,000 EUR. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to 215,600 EUR. Additionally, notary fees and agent commission are waived. This could potentially be a great opportunity for buyers looking to acquire a property at a discounted rate.

Location

07548 Gera

Date added: 20.09.2024

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