House for sale in Stemwede, Germany

Property description Farmhouse Property - The residential and commercial building is single-storey, not basemented and has a living space of 130 m². It also includes a stable (223 m²), a barn (134 m²) and an outbuilding (184 m²) and was built in the years 1927/28. The property also includes land areas (arable and grassland). The room layout of the building includes on the ground floor an entrance hall, a hallway, a storage room, a bathroom, a kitchen and four rooms. The attic has been temporarily converted into living spaces. Overall, the property is in poor structural condition with significant building damage and defects. The farm is currently inhabited and used for hobby animal husbandry as well as a location for a commercial dog breeding facility. The land is leased until 2031. Price thoughts The listed price of 254.000€ seems reasonable considering the size of the property and the potential for renovation and improvement. With some investment and work, this property could be transformed into a charming farmhouse with plenty of space for various uses. Additionally, the opportunity to potentially secure a 30% discount on the listed price through a auction adds to the attractiveness of this property for potential buyers looking for a project with potential for growth and development.