House for sale in Starkenberg, Germany

This property description is for a sloped-style home with a total living space of 92 m², built in the early 1880s, and located in Starkenberg, Germany. With a main floor and attic, this single-family home has been maintained well, but there are concerns about salt accumulation and cellar leakage. As a real estate investment, this property offers potential due to its location and age. However, the sale price is relatively low due to the property's condition, so some potential. The estimated property value from the court of 30.380€ is significantly reduced into a bid price after deductions are made for the as-is condition, legal fees, and brokerage commission. This gives a baseline estimate of the property's value, and the final bid price may be lower depending on the auction's competition. For a lifestyle purchase, this historic home has preserved its charm along with its outdated systems and procedures, which may require a buyer with a vision to make more repairs and improvements. The property's unique character can distinguish it from other investments. However, the ongoing maintenance of its age may hinder the buyer's peace of mind. The property is located in Starkenberg, an area that presents potential benefits for lifestyle and leisure time, but its proximity to major highways and transportation options will also attract more buyers and potential competition. Overall, this property has positive aspects for both real estate investors and potential lifestyle buyers, depending on their budget considerations and goals. The property's age and condition can be engaging for some buyers, but the significant repair and maintenance needs should be factored into any investment, as the estimated value truly reflects the property's current condition.