House for sale in Krefeld, Germany

This property is a semi-detached multi-family house featuring a side wing that requires renovation. The building consists of three stories and is cellar-equipped, originally constructed in 1889/90, with restoration completed in 1948. The interior of the property has not been inspected, which offers potential for new owners to customize the living spaces according to modern standards. Its long-standing history adds character, making it an interesting investment opportunity. The property is currently being auctioned at the local court, with a market value of €32,000. There is potential for a 30% discount on this value, allowing the savvy investor to acquire the property for only €22,400. Additionally, buyers can benefit from the absence of notary fees and real estate agent commissions. This investment represents one of many intriguing real estate opportunities available in the current monthly auction catalog, inviting those interested to explore cost-effective avenues for property acquisition.