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House for sale in Marloffstein, Germany
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House for sale in Marloffstein, Germany

1 100 000€

91080 Marloffstein

Property description

Property Description The two-story residential farmhouse is partially basemented and has a living area of 215 square meters and a usable area of 69 square meters. It also includes a coach house/stable building, built in 1873 and renovated and expanded in 1890 and 1924. The coach house/stable building itself dates back to 1861 and both buildings are classified as historical landmarks. The room layout of the residential farmhouse is as follows: On the ground floor, there is a hallway, living room, kitchen, pantry, bedroom, as well as a stable aisle, stable, and a chamber. Upstairs, there is another hallway, a bedroom, and six rooms. Overall, the property appears neglected and in need of significant renovation. There are considerable structural defects and building damages that require immediate repair and maintenance. Urgent renovation and emergency security measures are necessary to make the property usable, as the current condition prohibits any use. Price Thoughts At a listed price of 1.100.000€, the property may seem high considering the current condition and the required renovations. However, with the potential for a 30% discount on the valuation price, which would bring the purchase price down to 770.000€, it could be a more attractive investment opportunity for those willing to take on the necessary restoration work. Additionally, the absence of notary fees and agency commission further sweetens the deal for potential buyers. This property may be a diamond in the rough for buyers looking for a unique historical property with potential for restoration and customization.

Location

91080 Marloffstein

Date added: 06.09.2024

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