House for sale in Solingen, Germany

Property Description Two residential buildings (main and secondary building) consisting of 5-6 apartments, each with 2 floors, basement, and converted attic. The total living area is 288/330 square meters and the buildings date back to the year 1901. Heating is provided by a gas boiler. There is no permit for the conversion of the attic, so only a partial interior inspection was possible. The building is not under historic preservation. This property will be auctioned at the local district court. Appraised value: 818,000.00 EUR. Secure a 30% discount on the appraised value and pay only 572,600.00 EUR for the above-mentioned property. Notary costs and brokerage fees are also waived. This is one of many interesting properties listed in our monthly, cost-effective REAL ESTATE AUCTION CATALOG. Obtain this information now to acquire your desired property at a discounted price. Catalog information: Telephone number 0221-97459790. Thoughts on Price The appraised value of 818,000.00 EUR for this property seems reasonable considering the size of the buildings and the potential for multiple income-generating units. Additionally, the possibility of securing a 30% discount on the appraised value presents a great investment opportunity for potential buyers. The waived notary costs and brokerage fees further add to the attractiveness of this property. This could be a lucrative investment for those looking to expand their real estate portfolio or generate rental income.