House for sale in Rohrbach, Germany

Property Description This two-story residential building with a living and usable area of 171.35 m² is not basemented and has outbuildings. It was built in 1777 and renovated in 1958. The layout includes a hallway, a kitchen, and two rooms on the ground floor, and a hallway, a bathroom, and two more rooms on the upper floor. Heating is provided by a gas central heating system, while hot water is supplied by a tankless water heater or boiler. The overall structural condition is considered poor and inadequate. There is a significant backlog of maintenance and a need for renovation, restoration, and modernization on the paved grounds. Extensive demolition work has been carried out on several structurally unsound buildings due to regulatory requirements. Currently, the northern part of the residential building, the cellar of the demolished southern part of the residential building, the single-story outbuilding on the northeastern property line, the two-story tobacco shed to the south, and the ground floor of the partially demolished outbuilding to the south of the tobacco shed are still present on the property. It is assumed that only the northern part of the remaining residential building, after comprehensive renovation equivalent to a core renovation, can be preserved for long-term use. All other standing buildings or parts thereof are largely heavily damaged and not suitable for realistic and meaningful continued use, and are therefore likely to be demolished. Overall, the property is available for new development and redesign, with the northern residential building part to be preserved. This property is being auctioned at the local district court. Market value: 345,000.00 EUR. You could potentially secure a 30% discount on the market value, paying only 241,500.00 EUR for the above-mentioned property. Notary fees and agency commission are also waived. This is one of many interesting properties that we publish in our monthly cost-effective real estate auction catalog. Get these details now to acquire your desired property at a reasonable price. Catalog info: Phone number 0221-97459790. Regarding the price of this property, it is important to note that the current market value is 345,000.00 EUR. However, with the potential for a 30% discount, the final selling price could be as low as 241,500.00 EUR. Considering the extensive renovation and modernization needed, this discount presents a significant opportunity for potential buyers to invest in the property and bring it back to its full potential. With careful planning and investment, this property could be transformed into a valuable asset in the future.