House for sale in Marloffstein, Germany

Property Description The two-story residential farmhouse with a footprint of 215 square meters and a usable area of 69 square meters has a partial basement. It was built in 1873, with renovations and extensions in 1890 and 1924. The associated coach house/stable building dates back to 1861, and both buildings are classified as historical monuments. The layout of the house on the ground floor includes a hallway, a living room, a kitchen, a pantry, a bedroom, as well as a stable hallway, a stable, and a chamber. Upstairs, there is another hallway, a bedroom, and 6 rooms. Overall, the property appears to be in a state of neglect and disrepair, in urgent need of revitalization. There are significant structural defects and damages that require immediate repairs and maintenance. Renovation and emergency securing measures are necessary as the property is currently not suitable for use. Regarding the price, the property is listed at a market value of 1.100.000,00 EUR. However, potential buyers have the opportunity to secure a 30% discount on the market value, reducing the price to 770.000,00 EUR. Additionally, notary fees and agent commission are waived. This property is being auctioned at the local district court. It is one of many interesting properties featured in our monthly affordable real estate auction catalog. Contact us for further details and to acquire this property at a discounted rate. Thoughts on Price: Given the condition of the property and the extent of necessary renovations and repairs, the discounted price of 770.000,00 EUR could present a potentially lucrative opportunity for buyers willing to invest in the restoration of this historical building. The property's unique architectural features and historical significance could appeal to buyers looking for a renovation project with potential for future appreciation in value.