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House for sale in Wuppertal, Germany
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House for sale in Wuppertal, Germany

196 000€

42113 Wuppertal

Property description

Property Description Single-family house in raw condition, two-story with intended flat roof and garage. The building originally dates back to the 1950s and was rebuilt from 2018 onwards. Due to unfinished construction work, the building was left in a raw state and is therefore unusable. It has been exposed to the elements since then and only a part of the raw structure could potentially be usable, provided the necessary permits are available. Price Thoughts The property is currently being auctioned off by the responsible district court with a market value of €196,000. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to €137,200. This also eliminates notary fees and agency commission. This property presents a unique opportunity for potential buyers to acquire a property at a discounted price and with potential for renovation and development.

Location

42113 Wuppertal

Date added: 04.11.2024

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