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House for sale in Mudau-Donebach, Germany
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House for sale in Mudau-Donebach, Germany

48 700€

69427 Mudau-Donebach

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: The two-story single-family house with a basement has a living space of 302.06 m² and was built in 1917 (official survey). The property also includes a stable building with a barn, as well as a shed. The stable dates back to 1888 with a reconstruction in 1937. The carriage hall was built between 1955 and 1957, with an extension in 1977 and a milk chamber added in 1981. Additionally, the property includes grassland, woodland, and a 1/3 share of a traffic area of 225 m². The layout is as follows: In the basement, there is a hallway and four basement rooms. On the ground floor, there is a hallway, a guest toilet, a bedroom, a bathroom/toilet, a kitchen, and a living room. The converted attic consists of a hallway and four children's rooms. An interior inspection of the house was not possible. Upon external inspection, the building appears to be in a neglected state and in need of significant maintenance and modernization. The possibility exists to purchase the properties individually or together in a total bid. Details will be given at the auction date, conducted by the judicial officer. Price analysis: The property is being auctioned for a listed price of 48,700.00 EUR, however, there is a possibility of securing a 30% discount on the market value, resulting in a purchase price of only 34,090.00 EUR. Additionally, notary fees and agency commissions are waived. This property offers potential for renovation and customization to fit the buyer's needs. In a competitive real estate market, the discounted price presents a valuable opportunity for investment or personal use. Overall, while the property requires significant renovation and modernization, the attractive discount on the market value makes it a potential opportunity for buyers looking to customize a home to their liking. Additional information about this property and others can be found in the monthly cost-effective real estate auction catalog. Contact the provided telephone number for further inquiries.

Location

69427 Mudau-Donebach

Date added: 02.11.2024