House for sale in Hatha, Germany

Property description: Two-story multi-family house with converted attic and partial basement. The living space is 250 square meters and the building was built in 1897. It has been partially modernized between 1950 and 1980. The building has been vacant for decades, the structural stability is unclear, and there is a need for renovation. An interior inspection could not be conducted. Price thoughts: The property is being auctioned by the local court with a market value of 10,000.00 EUR. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to only 7,000.00 EUR. Additionally, there are no notary fees and brokerage commission to be paid. Overall, this property represents a unique opportunity for potential buyers who are willing to invest in renovating and restoring a historic building. The discounted price and potential for customization make it a compelling option for those looking for a project with potential for value appreciation. However, buyers should be aware of the uncertainties surrounding the structural condition and renovation costs associated with this property.