House for sale in Saalfeld/Saale, Germany

Property Description A Renaissance era castle with 10 apartments, a total living and usable area of 890/1,070 sqm, including a terrace and winter garden. The property also includes a gatehouse with a living area of 117 sqm, outbuildings, a barn, and 10 parking spaces. Built in 1534, the building is a listed monument and was renovated before 2000. The estate also includes forested areas. Heating is provided by a wood stove, partial electric heaters, and oil stoves, while the gatehouse uses an oil central heating system. Internal viewing was not possible. Renovation is required, including heavily damaged exterior plaster and significant vertical cracks in the facade. Price Thoughts The property is priced at 274,700€ and is being auctioned by the competent district court. Buyers have the potential to secure a 30% discount off the listed price, paying only 192,290€ for the property. Additionally, notary fees and agency commissions are waived. This property offers a unique opportunity for someone looking to invest in a historic castle with significant potential for restoration and development. Contact us for more information and to secure your chance to acquire this property at a reduced price through the auction process.