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House for sale in Remscheid, Germany

115 500€

42897 Remscheid

Property description

From a buyer's perspective, this property is located in Remscheid, Germany and consists of a two-story house, a workshop building, a storage building, and a garage. The total living and usable area is 598 m², with additional spaces totaling 418 m². The house has a storied annex with an area of 256 m², a two-story workshop building and a metal shed. It was constructed in the first half of the 19th century and is protected by a preservation order. The description states that it was not possible to view the property, but it appears to be in need of renovation. The property is being auctioned by the court and currently has a market value of 115,500€. However, the buyer can secure a 30% discount on the assessed value, reducing the final price to 80,850€. This includes the notary fees and commission, making it a cost-effective investment. The property appears to have good potential for both real estate investment and a lifestyle purchase, but further inspection of the property is recommended before taking any further steps. You can also explore more properties in the monthly catalog.

Location

42897 Remscheid

Date added: 24.07.2024

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