House for sale in Munchen, Germany

Property Description: This property consists of two single-story bungalow buildings with no basement, with a total floor area of 72/83 m² and a double garage. The main building was built in 1930, while the garage dates back to 1920. The layout includes: The first bungalow (Maxhofstr. 19) is in a shell state, while the second bungalow (Maxhofstraße 19a) features a hallway, kitchen, bathroom, storage room, and 3 rooms. Heating is provided by night storage heaters; hot water is supplied by an electric boiler and instantaneous water heater. The kitchen serves as a passage room in bungalow 2. This property is being auctioned by the competent district court. The market value is 1,420,000.00 EUR. You may be eligible for a 30% discount on the market value, making the purchase price for the property only 994,000.00 EUR. Notary fees and broker commissions are waived. This is just one of many interesting properties we publish in our monthly affordable REAL ESTATE AUCTION CATALOG. Contact us now to obtain the information to acquire your desired property at a discounted price. Catalog information: Phone number 0221-97459790. Thoughts on Price: The price of this property is set at 1,420,000.00 EUR, which may seem high at first glance. However, the possibility of securing a 30% discount on the market value brings the purchase price down to 994,000.00 EUR, making it a more attractive investment opportunity. Additionally, the waiving of notary fees and broker commissions further adds to the value of this property. With some renovation and modernization, this property has great potential for a future resale at a higher price.