House for sale in Konigswinter, Germany

Property Description: A detached single-family house consisting of one floor, partially basement, and an attic. The living space is 199 m² and it comes with a garage and an outbuilding. The building was constructed between 1930 and 1940 and expanded in the years 1967-1969. The garage was added in 1976. The layout is as follows: Details of the basement are unknown. The ground floor includes the garage, 4 rooms, a bathroom, the heating room, and a utility room. The attic comprises a living room, dining room, kitchen, bedroom, 2 additional rooms, and a balcony. Overall, the property is in a significantly suboptimal condition, with noticeable defects and damages such as moisture damage, and it requires substantial modernization. Price Thoughts: The property is being auctioned by the relevant district court with a market value of €208,000. Potential buyers have the opportunity to secure a 30% discount on the market value, resulting in a purchase price of €145,600 for the mentioned property. Additionally, notary fees and agent commission are waived. This presents a potential opportunity for buyers looking to acquire a property at a discounted price and invest in the necessary renovations to bring it up to standard. Contact us for further information and explore more affordable properties in our monthly property auction catalog.