House for sale in Rosrath, Germany

Property Description This two-story two-family house with an attic (75 m² living space) is partially basemented. The estimated total area is 230 m², including a converted flat roof garage (17 m², converted into an apartment). The house was built around 1943 and was modernized and expanded in 1990. Heating is provided by a gas hot water central heating system. The ground floor apartment is rented out, however, only some rooms were able to be inspected internally (hence a safety deduction of 10% amounting to 34,000 € was made). The exact living area of the ground floor apartment could not be determined. Significant renovation and repair backlog was noted in the rooms that were inspected. The property is accessed through adjacent lots, but there is no legal assurance for this. Additionally, the garage was converted into an apartment without a building permit. Thoughts on Price The property is listed for 306,000 EUR and is being auctioned by the competent district court. However, buyers may potentially secure a 30% discount on the appraised value, bringing the price down to 214,200 EUR. It's important to note that notary fees and agency commissions are waived in this case. This property presents an interesting opportunity for buyers looking to purchase real estate at a potentially discounted rate. Contact us for further information and to learn more about our available properties in our monthly real estate auction catalog.