House for sale in Duisburg, Germany

Property Description This three-story multi-family house with a basement and converted attic has a living area of 475 square meters and was built in 1897 and is a listed building. It is a semi-detached property. The building is inaccessible and due to its condition, it is no longer economically usable. It has been vacant for years and is considered in need of renovation. It is located in the entertainment district of the Old Town of Duisburg. Price Thoughts The property is being auctioned by the competent district court with a market value of 68,000.00 EUR. With the potential to secure a 30% discount on the market value, you could potentially acquire this property for only 47,600.00 EUR. Additionally, there are no notary fees and agency commissions to be paid. This could be a great opportunity for someone looking to invest in a property with potential for restoration and development in a vibrant area of Duisburg.