House for sale in Griesheim, Germany

Property description: 1/2 share of a detached single-family house with basement, 92 m² living space, garage, shed, garden, and courtyard. The year of construction is unknown but estimated fictitiously to be 1981. The layout includes on the ground floor an entrance hall, a toilet, a kitchen, a dining room, and a living room, as well as on the upper floor a hallway, a utility room, a bedroom, a dressing room, and a bathroom. It is important to note that only the ideal half-share of the house is being auctioned, which means that the co-owner can decide on the use of the entire property. Heating and hot water are provided by a gas central heating system. There is a backlog of maintenance repairs, as well as rising dampness on the walls in the basement. The total plot size is 399 m², but only half of it will be acquired. Thoughts on the price: The property is being auctioned at a market value of 240,000.00 EUR. However, there is a possibility to get a 30% discount on the market value, bringing the price down to 168,000.00 EUR. This discount, along with the exemption of notary fees and brokerage commission, makes the property a potentially good investment opportunity for buyers looking to acquire real estate at a lower cost. Buyers should consider the potential repair and maintenance costs when evaluating the overall value of the property.