House for sale in Meißen, Germany

Property Description: This building is home to both residential apartments (18 units) and commercial units (2 units). The building is four floors high, partially basement and also has a partially converted attic. The total living area is 1,311 square meters, while the usable area is 445 square meters. It also has parking spaces for cars. The building dates back to 1897/98 and is listed as a cultural monument, as it was formerly part of the Hotel Alberthof. Between 1990 and 2014, the building was modernized and renovated. Heating and hot water are provided by district heating, but there is a need for renovation, modernization, maintenance, and repairs. Price Thoughts: The property is being auctioned at a market value of 768,000.00 EUR. With a potential 30% discount on the market value, the price could be reduced to 537,600.00 EUR, making it a potentially attractive investment opportunity. Additionally, the fact that notary fees and agency commissions are waived adds to the appeal of this property. Don't miss out on the chance to acquire this unique property at a discounted price and explore other opportunities in our monthly real estate auction catalog.