house for sale in Ahlen, Germany

From a buyer's perspective, this property is located in Ahlen and appears to be a two-family house with a single-story main building accompanied by a basement and an attic that has been converted into living space. The attic unit looks like it needs some renovation. The house also features a garage, which is a valuable addition. For a real estate investment, this property seems like a decent option. The estimated market value is 190,000€. However, as a lifestyle purchase, the property might not meet the needs of a buyer who seeks a completely move-in-ready home. It would require significant effort and investment to renovate the upper floor unit, which means additional costs and time to make it livable. The property is being advertised with a suggested retail price of 190,000€. Nevertheless, the advertisement suggests that a 30% discount could be negotiated, effectively lowering the price to 133,000€. This implies that the property might not have attracted many buyers at the original price, and the discount price is more likely to be competitive. This is an added advantage for potential buyers who are open to the idea of doing some renovation work. Lastly, the property is listed through an auction conducted by the local court, which may bring an added level of urgency for the seller, making it a potentially more attractive option for buyers.