House for sale in Querfurt, Germany

Property Description: Two-story residential and commercial building with a total area of 360 sqm and an outbuilding dating back to around 1875. The layout includes on the ground floor a hallway, a retail space, a boiler room, an interior room, and a bedroom; on the upper floor a hallway, two bedrooms, a bathroom/ WC, a kitchen, and a living room. The building has been vacant for about two years and is heated and supplied with hot water by a gas central heating system. The property is part of the monument area of the old town and renovations have already begun, although there are still significant structural issues and damages as well as a backlog in repairs. Price Thoughts: With a listed market value of 82,000 EUR, there is potential to secure a 30% discount and acquire the property for only 57,400 EUR. Additionally, there are no notary fees or agent commission involved in the purchase. This property offers an opportunity for a potential buyer to invest in a historic building with renovation potential at a reduced cost.