House for sale in Gummersbach, Germany

Property Description: For a potential buyer, this property in Gummersbach offers a unique opportunity to acquire a pair of well-maintained and historic Fachwerk houses, each with their own charm and character. The properties are both in Fachwerk style, one a two-family house and the other a single-family home, each built with eiche wood and featuring 2 and 1 floors, respectively. The two-family house has a total living area of 140/95 m², while the single-family house boasts a 55 m² living space. Both homes were built in 1798 and 1900, respectively, and have been partially renovated over the years. The properties come with various amenities, including a modern gas heating system, an electric water heater, and insulated windows. In addition to the main houses, there is also a detached shed. While it would be ideal to inspect the interior of the homes, the listing states that it was not possible to do so. The estimated auction price is 390,000€, with a potential 30% discount bringing the final cost to 273,000€. This price includes a savings of 1.995,913€. Overall, this property presents an interesting investment opportunity for someone looking to acquire a historic, well-maintained Fachwerk home in a picturesque setting. As a lifestyle purchase, it offers a charming living environment surrounded by history and the potential for further renovation and personalization. With its competitive price and unique charm, it could be a solid investment and home for the right buyer. Remarks from the real estate agent: Due to the current general sales tax rates applicable nationwide, the prices stated include value added tax at the respective tax rate. If the General Sales Tax Rate should be increased by official decree or if the legal tax exemption threshold should be confirmed as higher, the seller has the right to increase the purchase price accordingly, without prior notice. The buyer is requested to acquire title insurance at their own expense prior to completion of the transaction. The parties agree that the registration of the ownership transfer in the land register should occur not later than 4 weeks after the conclusion of the contract. The transaction costs of 3.65% (excluding the notary fee, taxes and land registry fees), as well as the broker's commission of 1.85% (excluding VAT) of the purchase price, shall be borne by the buyer. The buyer will face further costs if they decide to have the property technically examined by a specialist before the conclusion of the purchase contract. The information provided here is intended to serve as an initial guide and may not reflect every aspect of the property.