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House for sale in Aken (Elbe), Germany
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House for sale in Aken (Elbe), Germany

27 000€

06385 Aken (Elbe)

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Property Description: This residential building features a ground floor, a basement, and a converted attic with a living area of 190 square meters. It also includes a gatehouse, a stable, a shed, and a garden. The structure dates back to around 1910 and has been partially modernized between 1990 and 1996. The layout includes hallways, chambers, two bathrooms, two kitchens, and five rooms. The building has been vacant since 2017 and is in need of renovation. Price Thoughts: The property is being auctioned by the local court with a traffic value of 27,000.00 EUR. There is a possibility to secure a 30% discount on the traffic value, making the property available for only 18,900.00 EUR. Notary fees and agency commission are also waived. This is a unique opportunity to acquire a property at a discounted price and with potential for improvement.

Location

06385 Aken (Elbe)

Date added: 06.10.2024