House for sale in Munchen, Germany

Property Description: City villa (former practice), 2 floors plus basement, with converted attic (without the corresponding permit), totaling 185 square meters of living space and 73 square meters of usable space. Built in 1956, attic converted in 2008/09, renovated in 2009. The layout includes: basement with corridor, hallway, heating and laundry room, WC, tea kitchen, 2 practice rooms, cellar room (73.04 m²); ground floor with reception area, meeting room, another room (74.12 m²); upper floor with waiting area, shower room, WC, 2 practice rooms, another room, and balcony (71.87 m², balcony 2.08 m²); attic with chamber, bathroom/WC, bedroom, living kitchen (37 m²). The building is in a condition where it could be torn down. Heating is provided by electric radiators, with underfloor heating in the upper floor and attic. Hot water is supplied by an electric boiler. The garden is heavily overgrown with bushes and old trees. There is a permit for renovation and new construction. It was not possible to view the interior of the building. Price Thoughts: The property is currently listed for 7.760.000€. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to 5.432.000€. This could potentially make the property a good investment opportunity for those looking to renovate or rebuild. Additionally, with the exclusion of notary fees and agency commissions, the final cost could be even more appealing to prospective buyers. The location in Munich adds to the property's value, making it a desirable option for those looking for a project with potential for growth.