House for sale in Ilmenau, Germany

Property Description This single-story family home features a basement and converted attic, with a living area of 108 sqm. In addition, the property includes a double garage, a garden shed with a roof, and a small tool shed. The house was built between 1959 and 1960 and was modernized between 1990 and 2005/2006. The garage was constructed in 1995/1996. Heating and hot water are provided by an oil-fired central heating system, but there are structural defects and damages present. Price Thoughts The property is listed for sale at a price of 136,000€. However, it is being auctioned at the local district court with a market value of 136,000€. There is a possibility to secure a 30% discount on the market value, bringing the price down to 95,200€. Additionally, there are no notary fees or agency commission fees involved in the purchase. This property presents a unique opportunity for buyers who are looking to acquire a home at a discounted price with the potential to add value through renovations and repairs.