House for sale in Langen, Germany

Property Description This single-family house with a gross floor area of 168 m² was built in 1930 and is partially at risk of collapse and in need of demolition. It also includes three outbuildings. An demolition permit has already been granted for this property. For further inquiries, please contact us by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at the phone number 0221-97459790. This property will be auctioned at the local district court. Valued at 830,000.00 EUR, you may secure a potential 30% discount on the market value, resulting in a price of only 581,000.00 EUR for this property. Additionally, notary fees and agency commission are waived. This property is just one of many interesting real estate listings featured in our monthly cost-effective REAL ESTATE AUCTION CATALOGUE. Obtain these details now to acquire your desired property affordably. Catalog information available at phone number 0221-97459790. Thoughts on Price Given the condition of the property and the fact that it requires demolition, the initial asking price of 830,000.00 EUR may seem high. However, with the potential for a 30% discount, the reduced price of 581,000.00 EUR presents a more attractive investment opportunity for buyers who are willing to take on the project of rebuilding or developing the property. Consider the potential for renovation or reconstruction when evaluating the value of this property.