House for sale in Gladbeck, Germany

Property Description: Two-sided building with residential and commercial areas (six apartments, one commercial unit), four floors, total area of 456 square meters for living and usable space, has two garages and a covered parking space, built in 1962. A full inspection was not possible, but the estimated cost for renovation is approximately 20,000 €. Price Thoughts: The property is being auctioned by the competent district court at a market value of 502,000.00 EUR. There is a possibility to secure a 30% discount on the market value, making the final price for the property only 351,400.00 EUR. Additionally, notary fees and agency commission are waived. This property presents an opportunity for potential buyers to acquire a valuable asset at a discounted price through a real estate auction.