House for sale in Lohmar, Germany

Property Description A detached single-family house, one-story with mostly basement, 88 m² living space, including basement garage, winter garden extension, and covered terrace. Built in 1952/53, renovated and refurbished in 2018. Layout: Basement: 3 basement rooms, laundry room; Ground floor: hallway, storage room, guest room, bedroom, kitchen, shower room/WC, 2 living rooms. The heating is done by an oil hot water central heating system. There are building defects and damage, including gates to be renovated (entrance, garage), plaster cracks, leaky extension roofs with temporary covers, partially missing or loose skirting boards, and a non-usable bathroom in the basement. Thoughts on Price: The property is being auctioned at the local district court with a market value of 400,000.00 EUR. Buyers have the opportunity to potentially secure a 30% discount on the market value, bringing the price down to 280,000.00 EUR. Additionally, there are no notary fees or agent commission to be paid. This property offers potential buyers the chance to acquire a unique property at a discounted price, making it a worthwhile investment opportunity.