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House for sale in Selm, Germany
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House for sale in Selm, Germany

254 000€

59379 Selm

Property description

Property Description This double semi-detached house (number 3), spread over one floor with a basement, has a living area of 81.61 square meters and an additional 53 square meters of usable space in the converted attic. It also includes a garage, a courtyard, and a garden area. The building was constructed in 1937 and expanded in 1978. The layout comprises on the ground floor: entrance area, bathroom, storage room, bedroom, kitchen, dining room, living room, and a large terrace. In the attic, there is a hallway, another bathroom with shower/toilet, a storage room, a converted room, and a bedroom. The heating and hot water supply are provided by an oil central heating system. There is no building permit for the attic conversion. The attic conversion is not economically viable as it is overall worn out and has significant structural defects. Due to the building damages and defects, the attic was considered as usable space, not living space in the property valuation. Some conditions in the basement deviate from the plans in the declaration of division. The two garden sheds with fixtures, the pool, and the terrace canopy with fixtures are not included in the auction. The total land area of 1,017 m² refers to the total size of the property, while only a share of 30/100 is being acquired. Price Thoughts The property is being auctioned at a market value of 254,000.00 EUR. With a potential 30% discount on the market value, the property could be acquired for only 177,800.00 EUR. In addition, there are no notary fees or agency commissions to be paid. This property presents a unique opportunity for those looking to acquire a property below market value.

Location

59379 Selm

Date added: 23.09.2024

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