Other for sale in Lauchhammer, Germany

Property Description: This property consists of two four-story multifamily houses with outbuildings, dating back to around 1900. Currently uninhabited and non-functional, the buildings do not have heating systems and some parts may be inaccessible. It is likely that there are existing mortgages that need to be taken over by the new owner. Thoughts on the Price: The listed price of 500,000 euros for this property may seem high considering the condition and lack of amenities. However, it is important to note that there is potential for a significant discount on the appraised value, which could bring the price down to 350,000 euros. This discount, along with the elimination of notary fees and agent commissions, presents an opportunity for savvy investors or buyers looking for a fixer-upper project. Overall, this property in Lauchhammer offers a unique opportunity for someone with the vision and resources to restore and renovate the buildings to their former glory. With some creativity and hard work, this could become a valuable asset in a sought-after location. For more information on this and other properties available for auction, contact the listing agent at the provided phone number.