House for sale in Kempen, Germany

Property description: Single-family house, one-story with basement, total living area of 111 m², winter garden, covered balcony, garage, built in 1968 (garage in 1977, winter garden in 1978). The heating is provided by an oil heating system, and hot water is supplied by an electric instantaneous water heater. The basement was not accessible. The condition of the property is significantly below average and requires extensive renovation and refurbishment. Price thoughts: The property is being offered at a listed price of 180.000€. However, it is important to note that the property is being auctioned by the local district court with a market value of 180.000€. There is a possibility to secure a 30% discount on the market value, bringing the price down to 126.000€. Additionally, there are no notary fees or agency commissions involved. This property presents a great opportunity for buyers looking to purchase a property at a discounted price and invest in renovations to bring it up to standard.