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House for sale in Hollfeld, Germany
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House for sale in Hollfeld, Germany

243 000€

96142 Hollfeld

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Expected Rent:

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Property description

Property Description Detached multi-family house with two floors and a living area of 276.4 m², without a basement, as well as a separate commercial building (former sausage factory) with a usable area of 2,189 m². The building dates back to the early to mid-20th century, possibly with an older core, and was expanded around 1955. There are deficiencies, construction damages, and outstanding work – a interior inspection was not possible. Price Thoughts The property is being auctioned by the competent local court, with a market value of 243,000.00 EUR. It is possible to secure a 30% discount on the market value, making the purchase price for the property only 170,100.00 EUR. Additionally, notary fees and broker commission are waived. This presents a unique opportunity for buyers to acquire this property at a discounted price.

Location

96142 Hollfeld

Date added: 03.08.2024

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