House for sale in Querfurt, Germany

Property Description Two-story residential and commercial building with a total area of 360 m² and an outbuilding dating back to approximately 1875. The layout includes on the ground floor a hallway, a retail space, a heating room, an interior room, and a bedroom; on the upper floor a hallway, two bedrooms, a bathroom/ toilet, a kitchen, and a living room. The building has been vacant for about two years and is heated by a gas central heating system with hot water supply. The property is located in the historic district of the old town and has already undergone some renovation. However, there are still significant building defects and damages, as well as a backlog in repairs. Price Thoughts: The property is being auctioned by the competent local court with a market value of €82,000.00. With the possibility of securing a 30% discount on the market value, the final price for this property could be as low as €57,400.00. Additionally, there also is no need to pay for notary fees or agency commission. While there are some renovation challenges, this property presents a unique opportunity for buyers looking to acquire a historic building at a discounted price.