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House for sale in Landshut, Germany
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House for sale in Landshut, Germany

310 000€

84036 Landshut

Investment Breakdown

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Property description

Property Description: This two-story single-family house is located in Landshut, with a living area of 146 m², a double garage, and a small outbuilding. Built in 1944 as a temporary structure, the house features an entrance area, hallway, guest toilet, home office, laundry room, dining room, kitchen, and living room on the ground floor. Upstairs, you will find a hallway, a master bedroom, a bathroom with a toilet, three children's rooms, and a balcony. The house is heated by an oil central heating system. Unfortunately, the property is in a significantly outdated and neglected condition. Due to the dilapidated state of the house and the high value of the land, a cost-effective renovation is no longer feasible. Only after clearing the debris and demolishing the existing building can the property be put to more sophisticated use. However, there are still risks due to uncertainties regarding the accessibility options. Thoughts on Price: The property is listed at a purchase price of 310,000 EUR, but it will be auctioned off by the competent district court. The estimated value of the property is 310,000 EUR. However, buyers may qualify for a 30% discount on the appraised value, reducing the price to just 217,000 EUR. Additionally, there are no notary fees or agency commissions to consider. This property presents an opportunity for potential buyers interested in acquiring a valuable piece of real estate at a discounted price. Please contact us for more information.

Location

84036 Landshut

Date added: 25.10.2024

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