House for sale in Saalfeld/Saale, Germany

Property description A Renaissance-era castle consisting of 10 apartments, with living and usable spaces totaling 890/1,070 square meters, including a terrace and a conservatory. The property also includes a gatehouse with a living area of 117 square meters, outbuildings, a barn, and 10 parking spaces. Built in 1534, the building is listed as a historic monument and underwent renovations before 2000. The property also includes forested areas. Heating is provided by a wood stove, some electric heaters, and oil furnaces, while the gatehouse uses an oil central heating system. Unfortunately, interior viewings were not possible. Renovation work is necessary, including repairs to heavily damaged exterior plaster and significant vertical cracks in the facade. Price thoughts The listed price of 274,700 EUR is reflective of the property's overall size, historical significance, and potential for restoration. As the property is being auctioned by the local court, there is an opportunity to potentially secure a 30% discount on the market value, bringing the price down to 192,290 EUR. Additionally, the absence of notary fees and agency commission makes this a potentially cost-effective investment opportunity for buyers interested in owning a unique piece of history. The property's inclusion in a monthly real estate auction catalog further highlights its value as a desirable acquisition. Consider contacting the provided telephone number for more information on this intriguing property.