House for sale in Konigswinter, Germany

Property Description A detached single-family house, consisting of one floor, partially basement and with a converted attic. The living space is 199 sqm and it has a garage and an outbuilding. The building was built between 1930 and 1940 and expanded in the years 1967-1969. The garage was added in 1976. The room layout is as follows: The exact details in the basement are unknown. On the ground floor, there are the garage, 4 rooms, a bathroom, the heating room, and a utility room. The attic includes a living room, dining room, kitchen, bedroom, 2 more rooms, and a balcony. Overall, the property is in a significantly suboptimal condition. There are noticeable defects and damages to the buildings, such as moisture damage, and there is a substantial need for modernization. Price thoughts: The property is listed for sale at 208,000 EUR, which reflects the current market value. However, considering the significant need for modernization and repairs, potential buyers may want to factor in additional costs for renovation. It's important to conduct a thorough inspection and assessment of the property before making any purchase decisions. Additionally, there is an opportunity to potentially secure a 30% discount on the market value, bringing the purchase price down to 145,600 EUR. Buyers should also take into account the savings on notary fees and agency commissions. This property is one of many interesting opportunities available, and interested parties can find more information in the monthly cost-effective real estate auction catalog. Don't hesitate to contact us for further details or to schedule a viewing.