House for sale in Erftstadt, Germany

From a buyer's perspective, this property is described as a two-family house with 174.26 m² of living space, a garage, and a hallways. It was originally built in 1979 and underwent an expansion and renovation in 2007. The asking price is 559,000 EUR. The property is listed for auction, and the court will oversee the process. As a real estate investment, this property appears to have a value of 559,000 EUR (Verkehrswert), but the auction allows for a 30% discount, bringing the price to 391,300 EUR for the listed immovable property. This includes the savings on notary fees and brokerage. This opportunity suggests a potential investment savings of up to 167,700 EUR. The property is a part of an ongoing listing in the monthly publication of an affordable real estate auction catalogue. As such, the information is easily accessible, providing the potential to secure the property at a competitive price. As a lifestyle purchase, the two-family house is conveniently located and offers ample living space. The presence of a garage provides added convenience and security for vehicle storage, while the modernized interior cater to contemporary living. The proximity to transportation networks is an added plus. Overall, the property seems to be a good investment opportunity as well as a comfortable living option. Potential buyers should consider conducting their due diligence, visiting the property to inspect its condition, and consulting with financial and legal advisors before making a final decision.