House for sale in Velbert, Germany

Property Description This property is a two-story residential and commercial building with a basement, offering a living space of 141 m² and a usable area of 64 m². The building was likely constructed in 1887 and has undergone several structural improvements over the years. It is heated by gas central heating and gas floor heating. The interior is simple and the overall appearance of the property is somewhat worn. Thoughts on Price The property is being auctioned by the local district court with a market value of 160,000.00 EUR. There is a possibility to secure a 30% discount on the market value, bringing the price down to 112,000.00 EUR. Additionally, there are no notary costs or agency fees involved in the purchase. This could be a great opportunity for buyers looking to acquire a property at a discounted price.