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House for sale in Kammerforst, Germany
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House for sale in Kammerforst, Germany

5 000€

99986 Kammerforst

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 former single-family house, two-story, presumably built at the beginning of the 20th century, renovated in the early 2000s, including garden area. The residential building is in a dilapidated condition, with the roof destroyed by a tree; interior inspection was not possible. Thoughts on Price: The property is being auctioned by the local district court with a market value of 5,000.00 EUR. Buyers have the opportunity to potentially secure a 30% discount on the market value, bringing the price down to 3,500.00 EUR. Additionally, notary fees and agency commissions are waived. This property presents a unique investment opportunity for buyers willing to take on the renovation challenges it presents.

Location

99986 Kammerforst

Date added: 19.09.2024

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