House for sale in Duisburg, Germany

Property Description This former residential property with a living space of 274 m² is attached on one side. The two-story building with a basement was built in 1923 and has an attic. The layout includes on the ground floor an entrance hall, a cloakroom, a hallway, a kitchen, a storage room, two dining rooms, a guest room, a bathroom, and a living room. The upper floor features a hallway, a bathroom, a children's room, an office, and a bedroom. The attic has a hallway, a toilet (as a passageway), and four rooms. It was not possible to visit the interior of the house or enter the property. The building has been extensively renovated and converted into a health and care facility, but this use does not seem to have been realized. The exact condition of the conversion remains unclear. Price Analysis The advertised price for this property is 537,000 euros, which reflects the estimated market value. However, there is an opportunity to potentially secure a 30% discount on the market value, reducing the price to 375,900 euros. Additionally, there are no notary fees or agency commission involved in the purchase. This could present a valuable opportunity for those looking to acquire a property at a discounted rate. Please note that this property is being auctioned by the local district court. Overall, considering the size of the property, its historical significance, and the potential for renovation and customization, the listed price of 537,000 euros appears reasonable. The discounted rate of 375,900 euros makes this property even more appealing for prospective buyers looking for a unique investment opportunity in Duisburg.