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House for sale in Kammerforst, Germany
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House for sale in Kammerforst, Germany

5 000€

99986 Kammerforst

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: Detached former single-family house, two stories, likely built at the beginning of the 20th century, renovated in the early 2000s, including garden area. The building is in a heavily deteriorated state and has been significantly damaged, particularly the roof, due to a fallen tree. A walkthrough of the interior was unfortunately not possible. This property is being auctioned at the local district court. Price thoughts: The listed price for this property is 5.000€, but there is potential to secure a 30% discount on the market value, bringing the cost down to 3.500€. Additionally, there are no notary fees or agency commissions involved. This property may be a great investment opportunity for those looking to renovate and revitalize a historic home in a tranquil location.

Location

99986 Kammerforst

Date added: 06.11.2024

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