House for sale in Extertal, Germany

Description: This detached multi-family house in the half-timbered style includes an extension with a total of 3 apartments. The building is two stories high, partially basemented, and has a living area of 225 m². It features a terrace and a garden, was built around the year 1800, with the extension dating back to 1959 and renovations carried out from 1984 onwards. The planned and approved project in 1984 to convert the attic into four holiday apartments alongside the renovations was never realized. The house was operated as a guesthouse until 2009. The evaluation was based on the external appearances, taking into account a higher safety discount. The outdoor areas are neglected and partially overgrown. Thoughts on Price: The asking price for this property is 91,000 EUR, though it is being auctioned by the local district court. With the potential to secure a 30% discount on the market value, you could acquire this property for only 63,700 EUR. In addition, notary fees and agency commissions are waived, making this a potentially cost-effective investment opportunity. For more information on this and other interesting properties, please contact us for our affordable monthly real estate auction catalog at 0221-97459790.