House for sale in Lugde, Germany

Property Description A two-story single-family house with a basement and stable, the year of construction is unknown. The layout consists of the following: In the basement, there is a hallway and four basement rooms. On the ground floor, there is a storage room, a toilet, a laundry room/feed kitchen, a living/dining room, and a kitchen. The upper floor includes a bathroom and four rooms. The heating was previously done through individual stoves, however, the building has significantly deteriorated due to long-standing vacancy and lack of maintenance, and is currently uninhabitable. Price Thoughts The property is being auctioned at a starting bid of 18,000 EUR, with the potential for a 30% discount, bringing the price down to 12,600 EUR. It is important to note that the property requires extensive renovations due to its current condition, which should be factored into the overall cost. However, with the potential for a discounted price and savings on notary fees and agency commissions, this property could offer a unique investment opportunity for those willing to undertake the necessary renovations.