House for sale in Chemnitz, Germany

Property description: A two-story single-family house with a gross floor area of 350 m², including a garage and a barn, built before 1900. Additionally, there are agricultural land and pastures. The building condition is poor; the rear extension has already partially collapsed; a large part of the property is leased. Thoughts on the price: The property is being auctioned by the competent district court with a market value of 93,000.00 EUR. With the possibility of securing a 30% discount on the market value, the property could potentially be acquired for only 65,100.00 EUR. Furthermore, notary fees and brokerage commission are waived, making it a potentially attractive investment opportunity for buyers looking to renovate or develop the property.