House for sale in Bochum, Germany

Property description: This property is a five-story building with a total living area of 356 square meters and a usable area of 72 square meters. It consists of nine apartments ranging in size from 25 to 60 square meters, each with balconies and a rooftop terrace. Built in 1959, the building is heated by district heating and is in a generally satisfactory but slightly neglected condition. Some of the equipment is outdated and there are structural defects and repair needs that must be addressed. Price thoughts: The property is listed at a price of 415,500 EUR, which is the estimated market value. However, there is an opportunity to potentially secure a 30% discount on the market value, bringing the price down to 290,850 EUR. This presents a great opportunity for buyers looking to invest in a property with potential for improvement and value appreciation. Additionally, with no additional notary fees or agency commission, this property offers great value and potential for a savvy investor.