House for sale in Heiligenhaus, Germany

Property Description: This semi-detached house has one floor, a basement, and a converted attic. Each of the two apartments has 52/50 sqm of living space (2 rooms each) and a single garage. The building was constructed in 1954, the attic was converted in 1974 (with dormer windows), and the garage was built in 2009. The heating is provided by an outdated gas heating system, while hot water is supplied by an electric water heater. Due to water damage, the house is in need of extensive renovation. Thoughts on Price: The property is being auctioned off at the local district court with a market value of 267.000€. However, there is potential to secure a discount of up to 30% on the market value, bringing the price down to only 186.900€. With no additional notary fees or agency commission, this could be a great opportunity to acquire this property at a discounted price. Consider exploring this option further to potentially invest in a property at a lower cost.