House for sale in Hamburg, Germany

Property Description This detached single-family house, with one floor and a basement, offers a living space of 94 square meters. It was built in 1959/60. The layout of the rooms is as follows: In the basement, there is a hallway, a heating room, and two cellar rooms. On the ground floor, there is an entrance hall, a bedroom, a bathroom/ WC, a children's room, a kitchen, and a living room. According to the district chimney sweep, the residential building is heated by an oil central heating system from 1999. An interior inspection was not possible, but from the outside, it is evident that extensive renovation/modernization of the house is required. The market value of the residential building corresponds to the land value minus the demolition costs. Please contact us if you have any further questions by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at the phone number 0221-97459790. This property will be auctioned at the competent district court. Market value: 390,000.00 EUR. Secure a potential 30% discount on the market value, therefore only paying 273,000.00 EUR for the above-mentioned property. Notary fees and agency commissions are also waived. This is one of many interesting properties that we publish in the current, monthly edition of our cost-effective REAL ESTATE AUCTION CATALOG. Secure this information now to acquire your desired property at a discounted price. Catalog information: Phone number 0221-97459790. As an experienced real estate agent, I believe that the price of 390,000.00 EUR for this property in Hamburg may seem high considering the necessary renovation and modernization work required. However, with the potential for a 30% discount, the reduced price of 273,000.00 EUR could present a great opportunity for investment. It is crucial to consider the overall condition of the property, the location in Hamburg, and the potential for future value appreciation. I recommend conducting a thorough inspection and evaluation before making a decision on purchasing this property.