House for sale in Detmold, Germany

Property description This two-story apartment building located in Detmold offers five individual units, each with a unique layout ranging from 49 to 108 square meters. With a total living space of 348.67 square meters, the building also features balconies, a rooftop terrace, and five parking spaces. Built in 2016, the property is fully rented out and heated with underfloor heating using district heating. The property is currently being auctioned by the local court with a listed market value of 900,000.00 EUR. Buyers have the opportunity to potentially receive a 30% discount on the market value, bringing the final purchase price down to only 630,000.00 EUR. Additionally, there are no additional costs for notary fees or agency commissions. This property is just one of the many exciting real estate opportunities featured in our monthly cost-effective real estate auction catalog. Contact us now at 0221-97459790 to obtain more information and secure your dream property at a discounted price. Thoughts on the price: The listed price of 900,000.00 EUR for this property reflects its value as a fully rented apartment building with a range of unit sizes and amenities. With the potential for a 30% discount through the auction process, buyers have the opportunity to acquire this investment property at a significantly reduced cost. The location in Detmold, along with the modern construction and rental income potential, makes this property a valuable asset for any real estate investor looking to expand their portfolio.