House for sale in Lunen, Germany

Property Description The building is a two-story multi-family house with three residential units, fully basemented and with an attic. The total living space is 224.83 m², with individual apartments ranging from 45-108 m². In addition, there is a prefabricated garage built in 1992. The main building dates back to around 1900, with modernizations carried out in the last 15 years. A viewing of the interior was not possible; the connection between the ground floor apartment and the first floor via an internal staircase, as well as the construction of a partition wall on the first floor, was done without the necessary building permit. There are significant construction defects and building damages, particularly in the staircase and basement. Additionally, due to mountain damages, the house has a tendency to strongly sag from south to north. The condition of the outdoor facilities is deemed inadequate. Price Thoughts The asking price for this property is 269,000 EUR. However, there is potential to secure a 30% discount on the market value, bringing the price down to 188,300 EUR. Notary fees and agency commission are also waived in this case. Considering the significant construction issues and damages mentioned in the description, the discounted price may be reflective of the amount of work and investment needed to bring this property up to standard. It is important for potential buyers to carefully assess the condition of the property and consider all factors before making a decision.