House for sale in Mendig, Germany

Property Description: Semi-detached house with two floors and a basement, totaling 110 sqm of living space, including a garage and shed. The year of construction is unclear, but estimated to be around 1900. The layout consists of a bathroom and two rooms on the ground floor, a kitchen and living room on the upper floor, and a hallway, toilet, and two bedrooms on the top floor. The heating of the building is done through separate furnaces, some of which are operated with wood and electricity. Hot water is generated through instantaneous water heaters. The property is in need of significant renovations and repairs due to substantial maintenance backlog. Additionally, the roof of the shed has collapsed and is no longer economically used. Thoughts on Price: The property is being sold at a listed price of 110,000 EUR but may potentially be purchased at a 30% discount, resulting in a price of only 77,000 EUR. This discounted price, along with the savings on notary fees and agent commission, may make this property a worthwhile investment for those willing to take on the renovation and repair work necessary.