House for sale in Straelen, Germany

Property Description Detached building with residential and commercial areas (consisting of 2 apartments and a shop), with 2 floors and a basement, living area: 42/79 sqm, total of 121/37 sqm living area/usable area, including a terrace. Built in 1967. Room distribution: Basement: cellar rooms, boiler room; Ground floor: hallway, bathroom, shop, bedroom, kitchen, living room; Upper floor: hallway, bathroom, living room, 3 bedrooms, balcony. An extensive interior inspection proved difficult; the equipment is outdated and of simple quality, the building is not insulated and is heated by an oil heating system. Hot water is provided by electric instantaneous water heater. Extensive renovation work is required to repair structural damage (e.g. damp cellar walls, damaged paving, defective roof drainage, outdated technology). One possible option would be to convert the shop into living spaces. Price Thoughts The property is being auctioned at the local district court with a market value of 183,000.00 EUR. There is a possibility to secure up to a 30% discount on the market value, making the purchase price for the property only 128,100.00 EUR. Additionally, notary costs and broker commissions are waived. This property presents a unique opportunity for potential buyers to acquire a property at a discounted price and take advantage of potential renovation opportunities. It is one of many interesting properties featured in our monthly, cost-effective real estate auction catalog. Contact us for more information and to secure this property at a reduced price.