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64285 Darmstadt
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Property Description: This property offers the opportunity to purchase an estate with a leasehold right for a three-story apartment building consisting of 8 units. The building is fully basemented and includes an attic space. The apartments range in size from 36 to 67 square meters, totaling 521 square meters of living space, including balconies, a double garage, and outbuildings. The property was rebuilt in 1959. Heating and hot water are provided by gas heating systems. The leasehold right is valid for a period of 99 years (from 01.06.1957 to 31.05.2056). The property is being auctioned by the local district court with a market value of €1,000,000. Potential buyers may qualify for a 30% discount on the market value, bringing the price down to €700,000. Additionally, there are no notary fees or agent commission to be paid. This property is just one of many interesting opportunities featured in our monthly real estate auction catalog. Contact us for more information on how to purchase your dream property at a great price. Thoughts on Price: The listed price of €1,000,000 for this property may seem high at first, but with the potential discount of 30% offered at auction, buyers have the opportunity to acquire this property for a more affordable price of €700,000. Considering the size of the property, its location, and the included amenities such as balconies and a garage, this property presents a great investment opportunity for those looking to purchase a multifamily building in a desirable area like Darmstadt.
64285 Darmstadt