House for sale in Lauchhammer, Germany

Property Description: A single-story single-family house with a living space of 98 square meters, partially basemented, with an outbuilding, a garage, and additional annexes. There are also several storage sheds and shelters on the property. The house dates back to 1900. The residential building is in a gutted and uninhabitable condition. There is a significant backlog in completion, modernization, and renovation. A central heating system is missing, and the outbuildings are in very poor and partly dilapidated condition. The outdoor facilities are simple and strongly neglected. There is significant noise pollution due to the proximity to the railway track and the road. Price Thoughts: The property is currently being auctioned at the local district court with a market value of 10,000.00 EUR. It is possible to secure a 30% discount on the market value, resulting in a purchase price of only 7,000.00 EUR. Additionally, notary fees and brokerage fees are waived. Despite the extensive renovation and repair needed, this property presents an opportunity for potential buyers looking for a project to transform it into a comfortable home.