House for sale in Remscheid, Germany

Property description: This two-story hotel features 19 rooms, a restaurant, a residential apartment, and an attic. The total living area is 133 square meters, with a total area of 1,446 square meters. There are also 4 garages and 47 outdoor parking spaces available. The building was constructed in 1889. Adjacent to the hotel is a two-story duplex with a living area of 160 square meters. The property includes a garage building that was built before 1894 and renovated in 1914, with an additional garage added in 2002/03. The property also features green spaces, forest areas, and other amenities. Please note that the hotel cannot be used for commercial purposes according to building regulations. Thoughts on price: The listed price for this property is 944,410 EUR, but there is potential to secure a 30% discount on the appraised value, bringing the price down to 661,087 EUR. This property offers a unique opportunity to acquire a diverse set of buildings with historical significance and various potential uses. With the added benefit of no notary fees or agent commission, this property presents a compelling investment opportunity for those looking to own a piece of history in Remscheid.