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42113 Wuppertal
Property description: Single-family house in raw condition, two-story with a planned flat roof and garage. The building originally dates back to the 1950s and was rebuilt from 2018 onwards. Due to unfinished construction work, the building was left in a raw state and is therefore not usable. It has been exposed to the elements since then, and only a part of the structure may be usable under certain circumstances, provided the necessary permits are obtained. Price thoughts: The property is being auctioned by the local court with a market value of 196,000.00 EUR. There is a possibility of securing a 30% discount on the market value, bringing the price down to only 137,200.00 EUR. Additionally, notary fees and agency commissions are waived. This property offers a unique opportunity for potential buyers looking for a project to renovate and customize to their preferences. Overall, the price presents a great potential for investment and future appreciation once the property is fully restored.
42113 Wuppertal