House for sale in Pirna, Germany

Property Description: Former residential and commercial building (Zum Dampfschiff) with three floors and a basement, as well as an additional converted attic, totaling 767 square meters of living space and 299 square meters of usable space. The building houses a beer pub in the basement and dates back to around 1900. It is listed as a historical monument and is located in an archaeologically relevant area. The property underwent renovations in 1983, followed by further conversions in 1993 and 2008. Significant renovation is needed - interior viewings were not possible. Price Thoughts: The listed price for this property is 475,000€. Considering the historical significance and the need for renovations, this price reflects the potential for a great investment opportunity for the right buyer who is willing to put in the necessary work and resources to restore this unique property to its full potential. Additionally, there is the possibility of securing a 30% discount on the market value, bringing the price down to 332,500€, making it an even more enticing opportunity for investors or buyers looking for a project with potential for a great return on investment.