House for sale in Duisburg, Germany

Property Description This three-story multi-family house with a basement has a living area of 300 m² and was built in 1911. It is a semi-detached building. The existing building structure has exceeded its economic service life, as the building has been unused for several years and is considered dilapidated. It is located in the entertainment district of the old town of Duisburg. Price Thoughts The property is being auctioned by the local court with a traffic value of 54,500.00 EUR. There is a possibility of securing a 30% discount on the traffic value, resulting in a purchase price of only 38,150.00 EUR. Notary costs and agent fees are also waived. This property presents a unique opportunity for potential buyers to acquire a property in a prime location at a significantly reduced price.