House for sale in Kerken, Germany

Property description: ½ share - semi-detached house from 1968 with 2 floors, basement, 98 m² living/useable area, balcony, cellar and covered terrace. The property offers additional building reserves. The layout includes: Basement with laundry room, storage room, boiler room, hallway, and hobby room; ground floor with living room, kitchen, hallway, WC, and bedroom; upper floor with 3 rooms, bathroom/WC, and hallway. It is important to note that only the ideal half share is being auctioned. The owner of this share cannot decide alone on the use of the entire property, but is dependent on the other co-owners. An interior viewing was not possible. The property is in a neglected condition consistent with its year of construction. Price thoughts: The listed price of 179.000€ seems reasonable given the size of the property and the potential building reserves. The opportunity to potentially secure a 30% discount on the property's market value, bringing the price down to 125.300€, makes this a potentially attractive investment. Additionally, the fact that notary fees and agency commissions are waived further adds to the appeal of this property. This property offers a unique opportunity for buyers looking to acquire a property at a discounted rate and with potential for future development.