Building for sale in Schwelm, Germany

Property Description: Former hotel and restaurant building in half-timbered style, consisting of two floors with a basement and converted attic. The total living and usable area is 378.68 m². It includes a single-story extension and three parking spaces. The exact year of construction is unknown, but it is likely from before 1900. The layout of the rooms is as follows: on the ground floor, there is a hall, restaurant/bar area, kitchen, living room, bathroom, and a bedroom; on the upper floor, there are two hallways, a bathroom, and five guest rooms; in the attic, there is a hallway, a shower/bathroom, and four guest rooms. The building has significant structural issues and is therefore not inhabitable. The parking spaces appear to be rented out. It was not possible to inspect the interior during the assessment. Price Thoughts: The property is being auctioned by the competent district court with a market value of 62,300.00 EUR. There is a possibility to secure a 30% discount on the market value, bringing the price down to 43,610.00 EUR for the above-mentioned property. In addition, notary fees and broker commissions are waived. This property is one of many interesting real estate opportunities featured in our monthly cost-effective REAL ESTATE AUCTION CATALOG. Contact us now to obtain these details and potentially acquire your desired property at a discounted price. Catalog information can be obtained by calling 0221-97459790.