House for sale in Ladenburg, Germany

Property Description: 10/12 share of a detached multi-family house with two floors, basement and converted attic, 270 sqm living space, as well as a garage building, built around/before 1959, is being offered for sale. It should be noted that only the ideal share is up for auction, and that the ideal owner cannot decide on the use of the entire property alone, but is dependent on the other co-owners. The heating is done by individual ovens with solid fuels (one wood stove per apartment), while the hot water is provided by electric instantaneous water heaters. The structural condition of the building is average with normal signs of wear and tear and slight maintenance backlog. The ground floor, the two apartments in the attic, and the roof have been inspected from the outside. It should be noted that the zoning plan stipulates a maximum of two residential units per building. Thoughts on Price: The property is being listed at a price of 562,500.00 EUR, which reflects its current market value. However, there is potential for buyers to secure a 30% discount on the market value, bringing the price down to 393,750.00 EUR. Additionally, buyers can save on notary fees and agent commission. Overall, this property presents a unique investment opportunity for those looking to acquire a multi-family home in Ladenburg at a discounted price.