House for sale in Lunen, Germany

Property Description Detached building for residential and commercial purposes (with a 5-room apartment and 2 commercial units), 3 floors plus basement, living area approx. 100 sqm, usable area approx. 181 sqm. The building was likely built around 1884 and modernized in 2019, particularly the roof. Heating is operated by a gas boiler, and hot water is heated with an electric water heater. There is air conditioning on the ground floor and partially a climate exchanger on the first floor. There is a general backlog in maintenance and repairs. Thoughts on Price: The property is being auctioned by the competent local court with a market value of 547,000.00 EUR. There is a possibility to secure a 30% discount on the market value, resulting in a purchase price of only 382,900.00 EUR for the above-mentioned property. Notary fees and broker commission are also waived. This property presents a great investment opportunity for potential buyers looking to acquire a unique property with potential for further development or renovation. Contact us for further information on this property and other similar listings featured in our monthly real estate auction catalog.