House for sale in Petershagen, Germany

Property description: Detached house with one floor, partially basement, converted attic, 93/25 sqm living space, with a two-story extension, 54 sqm living space, as well as terrace, garden, and single garage with installation pit. Built in 1958, the extension was added in 2018. The heating and hot water supply is provided by an outdated oil central heating system. Most windows are made of plastic and have insulated glazing. The garage roof is covered with corrugated asbestos sheets. Thoughts on price: The asking price for this property is 176,000€ which might seem high at first glance. However, it is important to consider that there is potential to negotiate a discount of up to 30% off the market value, bringing the price down to 123,200€. Additionally, there are no additional costs for notary fees or agency commission. This property also offers the opportunity to be purchased at a lower price through a property auction. With some renovations and updates, this property could be a great investment opportunity for the right buyer.