House for sale in Munchen, Germany

Property Description: Leasehold for a two-family house with one floor, fully basemented and expanded attic, with a living area of 104 m² and a usable area of 52 m². The house has garage and storage rooms (demolition object) and was built in 1956. The room layout is as follows: In the basement there are a hallway, three basement rooms, and a laundry room with a total area of 50.40 m². On the ground floor, there is an apartment with a hallway, a bathroom/WC, a kitchen, a bedroom, a living room, a terrace (2 m²), with an area of 52.80 m². The attic houses a second apartment with a hallway, a bathroom/WC, a kitchen, a bedroom, and a living room, with an area of 48.90 m². The attic apartment is rented out; the monthly net cold rent is 1,100.00 €. The heating and hot water supply are provided on the ground floor by a gas central heating system and in the attic by a compact gas-fired heating system. There are numerous construction defects and damage. The leasehold was granted on 01.06.1954 for a period of 99 years. Thoughts on Price: The property is being auctioned by the competent district court with an appraised value of 320,000.00 EUR. There is a possibility to secure a 30% discount on the appraised value, resulting in a price of 224,000.00 EUR for the property. In addition, notary fees and agency commission are waived. This property presents a unique opportunity for buyers looking to acquire a property at a discounted price. Contact us for further details. Note that this is just a sample property description and thoughts on the price and does not represent an actual property listing.