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House for sale in Puchheim, Germany
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House for sale in Puchheim, Germany

820 000€

82178 Puchheim

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Expected Rent:

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Property description

Property Description Detached single-family house in row construction, two stories with a basement and converted attic, totaling 146 square meters of living space and 60 square meters of usable space, including a garage, built in 1971. The layout includes: Basement: hallway, boiler room, tank room, laundry room, hobby room, storage room totaling 54.08 square meters; Ground floor: entrance area, hallway, cloakroom, guest toilet, kitchen, living and dining room, terrace totaling 56.12 square meters; Upper floor: hallway, master bedroom, bathroom with toilet, two children's rooms, balcony, totaling 55.29 square meters; Attic: hallway, study, storage room, children's room, 34.10 square meters. In addition, there is a storage room of 6 square meters. The heating system is operated by an oil central heating system (manufacturer: Viessmann, built in 1988, burner from 2013) supported by two solar panels. A detailed interior inspection of the building was not possible, but externally, the building seems to be in somewhat below-average condition in terms of maintenance. Thoughts on Price The property is listed at a market value of 820,000 EUR and is being auctioned by the local district court. It is possible to secure a 30% discount on the market value, resulting in a purchase price of only 574,000 EUR. Additionally, notary fees and agent commission are waived. This presents a unique opportunity for buyers looking to acquire a property at a reduced cost. The property may require some upkeep and renovations, but with the potential discount, it could be a worthwhile investment for the right buyer.

Location

82178 Puchheim

Date added: 01.11.2024

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