House for sale in Mannheim, Germany

Description: This property is a 2-family end-of-terrace house with two floors and a basement, totaling 167 sqm of living space. Built in 1969, the layout includes on the ground floor an entrance area, hallway, guest toilet, bedroom, bathroom, children's room, kitchen, living room, and a 80 sqm terrace; while the upper floor consists of a hallway, guest toilet, bedroom, bathroom, 2 children's rooms, kitchen, living room, and a 87 sqm balcony. The sanitary facilities are designed as interior rooms and the heating is provided by district heating. Despite limited sunlight due to surrounding buildings, the property is located in a traffic-calmed area (dead-end street). Price analysis: The property is listed for sale at a price of 380,000 EUR, but it is scheduled for auction by the competent local court. The estimated market value is also 380,000 EUR, however, potential buyers have the opportunity to secure a 30% discount on the market value, resulting in a purchase price of 266,000 EUR. Additionally, notary fees and agency commissions are waived for this property, making it a potentially cost-effective acquisition for interested buyers. This property is just one of many interesting real estate opportunities featured in our monthly cost-effective real estate auction catalog. Contact us for more information on how to acquire this property at a discounted price.