House for sale in Remscheid, Germany

Property Description: A two-story hotel with 19 rooms, a restaurant, and an apartment, as well as a converted attic. The total living space is 133 square meters and the total usable area is 1,446 square meters. In addition, there are 4 garages and 47 outdoor parking spaces. The building was built in 1889. Next to the hotel is a two-story duplex with a living area of 160 square meters. The house has a garage building that was built before 1894 and converted in 1914. Another garage was added in 2002/03. The property also includes green spaces, wooded areas, and other amenities. Thoughts on Price: Considering the size and potential of this property, the asking price of 944.410€ may seem high at first glance. However, it is important to note that there is the possibility of securing a 30% discount on the property, bringing the price down to 661.087€. With the additional benefit of not having to pay notary fees or agent commission, this could be a great investment opportunity for the right buyer. It's worth exploring further to determine if this property is worth the investment.