House for sale in Zorbig, Germany

Property Description: This single-family house is one-story with no basement, but it does have an attic. It offers a living space of 55 sqm and comes with an outbuilding that includes a bathroom. Additionally, it has a plot of land with a covered courtyard. The building was constructed around 1900 and 1970 and has been partially renovated, especially in 1995 (new front door, windows, facade) and 2001 (new roof covering). Heating is provided by a single oil stove; the overall condition of the property is mediocre to poor and will require extensive renovation and modernization. Thoughts on Price: The property is currently being auctioned by the local district court with a market value of 19.000,00 EUR. There is a possibility of a 30% discount on the market value, resulting in a purchase price of only 13.300,00 EUR. Notary fees and agency commissions are also waived. It is important to note that the property's condition is below average, so the cost of renovations should be considered when evaluating the overall value of the property.