House for sale in Porta Westfalica, Germany

Property Description: A standalone residential building (formerly a residential and restaurant building) with one floor, partially basement, and an attic. It offers a living area of 155/146 m² and includes outbuildings such as a garage/storage and a wooden garden house. Built between 1925 and 1930, the layout on the ground floor comprises a hallway, a WC/bathroom, a bedroom, a children's room, a living room, a kitchen, a corridor, a storage room, another WC, another bathroom, and two additional rooms. The unused attic includes a corridor, a chamber, and 11 rooms/spaces. Heating is provided by an outdated oil central heating system; the attic is currently not usable; there are deficiencies and a backlog in maintenance. Thoughts on Price: The listed price for this property is 171,000 EUR, and it is being auctioned at the local district court. With a 30% discount on the appraised value, buyers can potentially acquire this property for only 119,700 EUR. Additionally, there are no notary fees or agent commission involved in the purchase. This property presents an opportunity for buyers looking to invest in a fixer-upper or renovation project at a discounted price. Contact us for more information on this property and other similar listings featured in our monthly real estate auction catalog.