House for sale in Rheinberg, Germany

From a buyer's perspective, this property is located in a desirable area called 47495 Rheinberg with a price of 179,000€. The property description states that it is an Erbbaurecht für eine Doppelhaushälfte with two living units, one floor, a cellar, and an attic. The total living space is 148 square meters and it includes a garage and a garden house. The property was built in 1964, with the garage being constructed in 1972, and the building underwent modernization in 1990, including new windows and bathrooms. The layout consists of: - 78 square meters in the ground floor with a hall, a bedroom, a bathroom/toilet, a children's room, a kitchen, and a living room. - 70 square meters in the attic with a hall, a guest toilet, a bedroom, a bathroom/toilet, storage space, a kitchen, and a living room. The house is heated by an oil-fired central heating and warm water is supplied by the heating. Furthermore, the property has a fireplace and is in need of significant renovations, as there is a lot of clutter and dust. A thorough inspection was only partially possible due to the property's condition. Renovations and modernizations are necessary. The Erbbaurecht expires on September 27, 2063. Contact information is provided for further inquiries. The property is being auctioned by the local court, and the estimated market value is 179,000€, with a potential discount of 30%, bringing the final price to 125,300€. Additionally, notary fees and real estate agent commission are not included. This property is one of many interesting properties advertised in the current, monthly IMMOBILIENVERSTEIGERUNGS-KATALOG, and by subscribing to this catalogue, you can secure these offers at a more affordable price. As a lifestyle purchase, this property would offer a good value for renovation and rebuilding, but the living conditions are not optimal at the moment.