House for sale in Kaiserslautern, Germany

Description: Leasehold - 1- to 2-family house with one floor and an converted attic, totaling 156 sqm living space with a winter garden and garage. The house was built in 1958/59 and expanded in 1972. The layout includes cellar rooms and a boiler room in the basement, a hallway, bathroom, bedroom, children's room, kitchen, dining room, and living room totaling 97 sqm on the ground floor. The attic includes a hallway, kitchen, shower room, children's room, bedroom, living room, and a covered terrace, totaling 59 sqm. Heating is provided by a gas central heating system from 2014, with hot water supplied by a water heater in the bathroom. The winter garden and covered terrace are not heated. The overall condition of the house is rated as satisfactory to sufficient, with some deferred maintenance and renovation needed to meet current standards. Thoughts on Price: The property is being auctioned by the local court with a listed market value of 115,000 EUR. There is a potential opportunity to secure a 30% discount on the market value, bringing the price down to 80,500 EUR. Additionally, there are no notary fees or real estate agent fees to be paid, making this a potentially cost-effective investment opportunity. Given the size and features of the property, the price may be considered reasonable depending on the extent of renovations needed. It is advisable to further inquire about the conditions of the auction and potential discounts available.