House for sale in Neckargemund, Germany

Property Description: 1-2 family house, one story, basement and converted attic, with a living area of 202 sqm and a usable area of 84 sqm, including an extension and a garage with 32 sqm of usable area. Built in 1935 with extensions and renovations in 1963, 1970, and 1973. Room layout: Basement with entrance hall, two basement rooms, laundry room, toilet, and boiler room; ground floor with hallway, bedroom, storage room, bathroom/toilet, kitchen, living room, and terrace; mezzanine floor with a large room; attic floor with hallway, guest toilet, bedroom, bathroom/toilet, kitchen, living room, and balcony; additional large room in the attic. Heating and hot water are provided by an oil central heating system. The outside area is neglected and currently not being used for gardening. Due to the property's proximity to the Neckar river and floodplains during high water, significant moisture damage can be seen on the walls in the basement. The balcony floor above the bay window shows significant algae growth, while various cracks are visible in the north facade. Thoughts on Price: The property is being auctioned by the competent local court with a market value of 218,000.00 EUR. There is a possibility to secure a 30% discount on the market value, making the price for the above-mentioned property only 152,600.00 EUR. Additionally, notary fees and agency commissions are waived. This property presents an opportunity for buyers looking to acquire a real estate investment at a discounted price.