House for sale in Emmerthal, Germany

Property Description A semi-detached residential house on a slight slope, two floors with no basement, expandable attic space, 110 square meters of living space, next to a stable building. The house was built in 1877, and the stable building dates back to 1956. Heating and hot water supply are provided by a central heating pump; the overall condition of the building is acceptable, but there is a significant need for maintenance and renovation, particularly due to moisture damage and an infestation of wood-destroying fungi. Additionally, some rooms are still in a raw state of construction. Thoughts on Price The property is being auctioned by the competent district court with a market value of 70,400.00 EUR. There is a possibility of obtaining a 30% discount on the market value, resulting in a purchase price of only 49,280.00 EUR. Furthermore, notary costs and brokerage fees are waived. Considering the condition of the property and the potential for renovation and improvement, this price could offer a promising opportunity for investment and future development.