House for sale in Bad Kreuznach, Germany

Property Description Single-family house with one floor and basement from the year 1962, with a living area of 150 sqm, a balcony, a terrace, a garden with lawn area, and a double garage. The layout includes a hallway, cellar rooms, boiler room, oil storage, laundry room, 2 guest rooms, a shower room, and a ground-level entrance at garden level in the basement. On the ground floor, there is a hallway, a utility room, a bathroom, a toilet, two bedrooms, a kitchen/dining room, and a living room. The oil central heating system (from 1996) is not functioning; due to a lack of possibility to view the interior, exact information cannot be provided. The house offers good sunlight and natural light, but significant renovation is needed, including moisture damage with efflorescence and plaster damage on all basement walls. Price Thoughts The property is being auctioned by the competent local court at a market value of 315,000.00 EUR. Buyers have the opportunity to potentially secure a 30% discount on the market value, making the final purchase price for the above-mentioned property only 220,500.00 EUR. Notary fees and agency commissions are also waived. This property presents an opportunity for buyers looking to acquire a fixer-upper at a discounted price and customize it to their liking. Contact us for more information and to explore further options in our monthly real estate auction catalogue.