House for sale in Waldbreitbach, Germany

Description: Detached single-family house with one floor and basement, converted attic, and a living space of 205 m². The property also features a terrace and a garage, and was built in 1999. The layout includes on the basement floor a hallway, storage room, utility room, hobby room, and cellar. On the ground floor, there is an entrance hall, hallway, study, bathroom, kitchen, WC, utility room, living/dining room, and winter garden. The attic includes a hallway, another bathroom, two guest rooms, and a studio. The heating and hot water supply are provided by a gas central heating system. The building has structural defects and damage and is located in a flood-prone area by the Wied river. Thoughts on price: The asking price of 360,000 EUR reflects the value of the property, taking into account the size, amenities, and condition of the house. The fact that the property is being offered at a potential 30% discount on the market value, bringing the price down to 252,000 EUR, presents a great opportunity for buyers. However, it is important to consider the additional costs associated with repairs and renovations due to the existing structural issues. Overall, this property could be a good investment for buyers willing to put in the necessary work to address the building's deficiencies.