House for sale in Lunen, Germany

Property Description: Erbbaurecht for a two-story semi-detached house with a basement and a living space of 188 square meters, including a garage. The house was built in 1972. The building has been vacant for approximately 2 years and is likely heated with an oil central heating system. An interior inspection was not possible, and plans were not available. The Erbbaurecht has been in place since 18/11/1966 for a term of 99 years. Price Thoughts: The property is currently being auctioned at the local district court with a market value of 301,010.00 EUR. There is a possibility of securing a 30% discount on the market value, bringing the price down to 210,707.00 EUR. Additionally, notary costs and agency fees are waived, making this an attractive investment opportunity. This property offers potential buyers the chance to acquire a spacious home at a significantly reduced price.