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House for sale in Prien a. Chiemsee, Germany
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House for sale in Prien a. Chiemsee, Germany

680 000€

83209 Prien a. Chiemsee

Investment Breakdown

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Property description

Property Description: This single-family house with two floors and a basement offers a total of 149 m² of living space, including a garage and a wooden garden house. Built in 1973 for the main house and 2014 for the garden house, the property also boasts modernized windows from 2018. The layout of the rooms includes a hallway, heating room with tank storage, 4 cellar rooms, guest toilet, bedroom, shower room, storage room, kitchen, living room, terrace on the ground floor, as well as a hallway, guest toilet, bedroom, bathroom, storage room, kitchen, living room, and balcony on the upper floor. There are two separate units on each floor, but there are no separate utility meters for water, electricity, and heating. Heating and hot water are provided by an oil central heating system with solar support (boiler from 2002). The property is located in the second row and is accessible through a legally secured right of way over the neighboring property. The building shows signs of wear and tear due to its age, requiring extensive renovation and maintenance work. Price Thoughts: The property's current market value is listed at €680,000. However, there is an opportunity to potentially secure a 30% discount on the market value through a court auction, reducing the price to €476,000. Additionally, there are no additional costs for notary fees or agent commissions, making this an attractive investment opportunity for those willing to undertake the necessary renovations. This property presents a unique opportunity for buyers looking to acquire a charming home with potential for improvement.

Location

83209 Prien a. Chiemsee

Date added: 20.09.2024

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