House for sale in Stadtilm, Germany

Property Description: This charming rural two-story home in Stadtilm, built in 1900, boasts a unique layout with no basement but features an expansive attic, a cozy winter garden, a balcony, and an additional single-story extension along with a barn. With a total living area of 146.91 m², this property has undergone partial renovations between 2001 and 2005. The heating system is powered by an oil central heating system supplemented by a solid fuel stove in the extension. While the property does have some existing structural issues, the potential for customization and renovation offers a great opportunity for buyers looking to make this house their own. The location in the tranquil surroundings of Stadtilm provides a peaceful retreat from city life while still being close enough to amenities and services. As the property is being sold at a foreclosure auction by the local court, its current market value is listed at 92,000 EUR. However, interested buyers may have the opportunity to secure a 30% discount on the market value, making the final purchase price just 64,400 EUR. Additionally, buyers will not incur any notary fees or agent commissions, making this a potentially cost-effective investment opportunity. This property is just one of the many captivating listings featured in our monthly IMMOBILIENVERSTEIGERUNGS-KATALOG (real estate auction catalog). For more information on this property or to explore other budget-friendly real estate opportunities, contact us at the provided phone number. Don't miss out on the chance to acquire your dream property at a competitive price. Thoughts on Price: With the potential for a significant discount on the market value, this property presents a unique opportunity for buyers looking to invest in a rural home in Stadtilm. The final purchase price of 64,400 EUR, along with the savings on notary fees and agent commissions, makes this property a compelling option for those seeking a renovation project or a tranquil countryside retreat. The location and character of this property offer great potential for customization and value appreciation over time.