House for sale in Extertal, Germany

Description: A detached multi-family house in half-timbered style with an additional extension consisting of a total of 3 apartments. The building is two stories high, partially basemented, and offers a living area of 225 m². It includes a terrace and a garden, was built around the year 1800, with the extension added in 1959 and further renovations carried out since 1984. The originally planned and approved project in 1984 to convert the attic into four holiday apartments was never completed. The property was operated as a guesthouse until 2009. The exterior grounds have been neglected and are somewhat overgrown. Thoughts on Price: The property is being auctioned by the local district court with a market value of 91.000,00 EUR. There is a potential discount of up to 30% off the market value, bringing the price down to just 63.700,00 EUR. Furthermore, there are no additional notary fees or agency commissions to be paid. This property has great potential for renovation and could be a lucrative investment opportunity for the right buyer. Contact us for more information on how to potentially acquire this property at a discounted rate.