House for sale in Honningen, Germany

Property Description The residential building, consisting of an old and new construction, is two and a half stories high and partially basemented. It has a living area of 200 sqm and a total area of 283 sqm. A garden and a carport also belong to the house. The house was built around the year 1920 and renovated in 1966. In 2012, a new building was added. Additionally, there are recreational areas. It was not possible to visit the interior. There are structural defects and damages. The new building does not have windows or heating. Price Thoughts The property is being auctioned at a starting price of 302.000€. However, there is a possibility of securing a 30% discount on the market value, resulting in a price of only 211.400€. This reduction in price, along with the exclusion of notary fees and agency commission, makes it a potentially lucrative investment opportunity for interested buyers. It is important to consider the potential costs of renovations and repairs when evaluating the overall value of this property.