House for sale in Lauchhammer, Germany

Property Description: This four-story multi-family house with outbuildings was built around the year 1900. The building is currently vacant and unused, and it does not have a heating system. All of the properties form a cohesive economic unit; it is possible that existing debts must be assumed. Located in Lauchhammer, this property offers a unique opportunity for those looking to invest in a historical building with potential for renovation and development. The property has character and charm, with the potential to be transformed into a profitable rental property or even a charming family home. The property is being auctioned at the local district court, with a current market value of €500,000. However, there is a possibility to secure a 30% discount on the market value, meaning you could potentially purchase this property for only €350,000. Additionally, there are no notary fees or agency commissions to be paid. This property is just one of many interesting real estate opportunities featured in our monthly affordable real estate auction catalog. Contact us now at 0221-97459790 to secure these valuable insights and potentially acquire your dream property at a discounted price. Price Thoughts: With its historical charm and potential for renovation, this property in Lauchhammer is a rare find in today's real estate market. The current market value of €500,000 offers a solid investment opportunity, especially for those looking to restore and repurpose this unique building. The discounted price of €350,000 presents a valuable opportunity to acquire a significant property at a reduced cost, making this property an attractive option for investors and buyers looking for a project with great potential for value appreciation.