house for sale in Remscheid, Germany

From a buyer's perspective, this property is described as a two-story Wohn- und Geschäftshaus (residential and commercial building) with a total of 598 m² of living and usable space. Additional structures include a two-story workshop building with 256 m² of usable space, a two-story workshop with 62 m² of usable space, and a garage. The property was built in the first half of the 19th century and is protected by a Denkmalschutz (building protection). The property is listed for auction at a Verkehrswert (market value) of 115,500€. The property appears to need renovations as it is described as äußerlich renovierungsbedürftig (outwardly in need of renovation). The description mentions that it was not possible to inspect the property, but its appearance suggests it may need some work. With additional information provided that you could potentially secure a 30% discount on the market value - which would lower the price to 80,850€ - and the absence of Notarkosten and Maklercourtage (lawyer fees and real estate brokerage), this property could represent a good investment opportunity. The text also mentions that this is one of many interesting properties listed in their current monthly catalog. They offer these catalogs at a low cost to provide information and enable buyers to acquire their desired property at a reduced price. In conclusion, this property may present a good investment opportunity, particularly for those interested in historical buildings with potential for renovation and nearby amenities. However, it is essential to conduct further research and careful analysis before making a final decision, taking into account various factors such as location, condition of the property, and potential renovation costs.