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47638 Straelen
Property description: Detached building with residential and commercial areas (consisting of 2 apartments and a store), with 2 floors and a basement, living space: 42/79 sqm, total of 121/37 sqm living space/utility space, including a terrace. Built in 1967. Room distribution: Basement: cellar rooms, boiler room; Ground floor: hallway, bathroom, store, 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 An extensive interior inspection proved difficult; the equipment is outdated and of simple quality, the building is not insulated and is heated with an oil heating system. Hot water is provided by electric instant water heater. Extensive renovation measures are required to repair structural damages (e.g. damp cellar walls, damaged pavers, defective roof drainage, outdated technology). One possible option would be converting the store into living spaces. Price thoughts: The listed price of 183,000 EUR reflects the current market value of the property. However, there is potential for a 30% discount on the market value, bringing the price down to 128,100 EUR. Additionally, there are no notary fees or agency commission to be paid, making this a potentially appealing investment opportunity for those willing to undertake the necessary renovations. Overall, this property presents an interesting opportunity for buyers looking to acquire a property at a reduced cost and willing to invest in renovations to bring it up to modern standards. Contact us for further inquiries and to explore the potential of this property.
47638 Straelen