House for sale in Karlsdorf-Neuthard, Germany

Property Description This single-family house consists of one floor with a basement and an attic, offering a living space of 104 sqm. It also features a covered driveway and an outbuilding comprising a laundry room, a storage room, and a storage area. The outbuilding is one-story, without a basement, and has a usable area of 61 sqm. The main building was constructed in 1910, with the outbuilding added in 1918, and some structural changes made between 1950 and 1964. A modernization project began in 2014 but has not yet been completed. The ground floor layout includes a hallway, kitchen, and living room totaling 44.90 sqm. The attic consists of a hallway, storage room, bedroom, bathroom/ WC, children's room, and another kitchen with a total area of 59.58 sqm. The building has been vacant for 10 years and is heated by a gas central heating system from 2014. There are structural defects and a need for completion. Price Thoughts The property is being auctioned by the local court with a market value of 294,000.00 EUR. There is a potential discount of 30% on the market value, allowing the purchase price to be reduced to only 205,800.00 EUR. Additionally, there are no notary fees or agent fees involved in the purchase. This property presents a unique opportunity for buyers looking to acquire a fixer-upper at a reduced price with the potential for a significant return on investment.