House for sale in Mendig, Germany

Property Description: Attached residential building with two floors and a basement, 110 sqm of living space, including a garage and shed. The construction year is unclear, estimated around 1900. Layout: Ground floor with a bathroom and two rooms, upper floor with a kitchen and living room, attic with a hallway, toilet, and two bedrooms. The building is heated by separate stoves, some of which are wood and electrically operated. Hot water is provided by instant water heaters. The building requires significant renovation and refurbishment as it has a substantial maintenance backlog. Additionally, the shed's roof has collapsed and is no longer economically usable. Price Thoughts: The asking price for this property may seem high considering the significant renovation and maintenance needed. However, with the potential to secure a 30% discount on the market value through auction, the property could be a worthwhile investment opportunity for those willing to put in the necessary time and resources for restoration. Considering the location in Mendig and the size of the property, this could be a promising project for someone looking to create their dream home.