House for sale in Duisburg, Germany

Property Description: Multi-purpose building with apartments, clubhouse, and commercial spaces, three floors, basement, converted attic, approximately 400 square meters of living and usable space, built around 1908. The building is currently vacant except for the ground floor. A detailed interior inspection was mostly not possible. In 2021, the building was examined by the city of Duisburg (Task Force Problem Properties). As a result, verbal prohibitions were issued for the use of the upper floors. Reports from TÜV-Nord and the Duisburg Fire Department were added to the file. The property is in an uninhabitable condition and no longer has any economically usable remaining life. It is an object that is to be liquidated. Price Thoughts: The property is being auctioned at a market value of 35,900.00 EUR. However, there is a possibility to secure a 30% discount on the market value, lowering the price to only 25,130.00 EUR. Additionally, there are no notary fees or agency commissions involved in the purchase. This property presents a unique opportunity for potential buyers to acquire a valuable asset at a significantly reduced price.