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  • House in Germany for sale by Auction with no reserve. 

 

The property is a freehold, with clear title, no mortgages or debts.

Habitable house, big garden and apartment block to restore.

The apartment block, after modernized perspective of great financial return with the rental income.

Great investment!!

Starting price: 1 £

Condition: Used, empty

Living space: Semi-detached house with garden and two-storey Apartment building with 6 apartments, approx 375m ²

Use: Residential and commercial use

Lot size: approx 1170 m²

Year of construction: 1870 (estimated)

Address: 09569 Oederan, Badgasse 6

Present Situation: empty

Setting: Town

Near of: Historic center, Bus stop, Shops, Museum, schools, Park, Plaza, Leisure center, Touristic area, forests, vast fields and hills with beautiful views, large outdoor swimming pool.

 

 Location / Accessibility / surrounding buildings: Saxony.

Oederan with approx. 8,400 inhabitants, is located about 21 km east of Chemnitz about 16 km south-west of the university town of Freiberg. The A-4 is about 15 km away. The B 173 crosses the city.

The three Saxon cities Dresden(67km, less than one hour), Chemnitz and Leipzig but also Freiberg, Meißen and the Saxon Switzerland are easily accessible from here (by car, bus or train).

The Leipzig International Airport, with regular Low Cost Flights with Ryanair (circa the one hour away, 127Km).

Berlin it’s a 122km (circa the two hours) away.

The property is located on the northern outskirts of the village in a residential street not far from the Market Square. Surrounding mixed development.

Grocery stores, bakers and butchers, restaurants and railway station are within easy walking distance.

Tourist attractions with varied programs, such as the miniature park "Klein Erzgebirge"(http://www.klein-erzgebirge.de/), the Museum the weaving and the outdoor swimming pool is located nearby. (http://www.oederan.de/stadt/fotogalerie/); (http://www.parkscout.de/ziel/erlebnisbad-oederan/erlebnisbad-in-oederan-sachsen); (http://www.openstreetmap.org/#map=16/50.8617/13.1738)

 


 



 

 

 

Summary: House in the garden area and two-storey Apartment building




House in the garden area:

  • ·         Habitable: Yes
  • ·         Plaster facade,
  • ·         External / internal walls: Mixed Masonry, indoor brickwork, plastered, painted, tiled or wallpapered
  • ·         Floors with tile flooring, laminate or otherwise PVC coverings
  • ·         Roof: a tiled roof,
  • ·         Chimney: Brick masonry
  • ·         Stairs: wooden,
  • ·         Windows: mainly new plastic insulated windows,
  • ·         Heating: electric heating
  • ·         Sanitary: modern tiled bathroom with toilet, washbasin and shower.


Ground-Floor:


First-Floor:

 

 




Attic:

     

Details of the house in the garden and the garden:


               

Plants:

Two-storey Apartment building:


  • ·         plaster facade with partial damage and rising damp,

    ·         External / internal walls: Mixed Masonry, indoor brickwork, plastered, painted, tiled or wallpapered.

    ·         Ceiling / floors: Wood or stone floors,

    ·         Roof: Roof shingles

    ·         Chimney: Brick masonry

    ·         Stairs: stone stairs

    ·         Windows / Doors: Wooden,

    ·         Heating: Heating dismantled

    ·         Sanitary: No Baths ,

    ·         Basement: partial basement

    ·         Total restructuring and modernization needed

    ·         Habitable: No

Basement:




Ground-Floor:





              




         

First-Floor:


                                                             


Attic:

 
 
 
 
 
 
 

Plants:


Details:


Public utilities: gas, electricity, water and sewage available

Location in the conservation area.

 


Terms and conditions:

·         This auction is with no reserve price. It will be sold whatever the price it ends at.

 

·         Immediately after the end of the auction, I’ll send to the winner bidder the Invoice of the 10% of the selling price and the documents that attest that I’m the owner of the property and I’m able to sell.

 

·         After that, and in order to secure the purchase, the winner bidder will be required to deposit 10% of the selling price, withing 48 hours, by PayPal or Bank transfer.

 

·         Please note that failure to pay within the above time limits, will entitle me to offer its sale to the next highest bidder or re-advertise. Also who fails will breach an eBay policy, and will be report to Ebay 

 

·         The remaining 90% must be paid via the conventional buying process which will be overseen by a certified and accredited German Notary Public, in the next 30 days.

 

·         The sale contract will be in German and if needed translated into English (or another language) and it can be signed in Germany or in the German Embassy or Consulate of your area.

 

·         All process will be made by a German Notary Public. 

 

·         The buyer will be responsible for all cost and charges related to the property transfer: 

 

  • The total costs and charges relating to the whole property transfer are:

ü   the transfer tax (Grunderwerbssteuer) of 3,5% of the selling price;

ü  the notary costs including the land registry that will also depend on the selling price; the higher the selling price the less the percentage.

You can calculate the notary costs on this website: http://grundbuch.focus.de/rechner2/focus/

 

Others:

 

  • ·       The expected rental income would be around 4,60 Euro per square meter per month;

  • ·         You can have an idea from the Real State value if you see this website: http://www.immobilienscout24.de/wohnen/sachsen,mittelsachsen,oederan/haus-kaufen.html

 

  • ·         The local taxes are: the real property tax (Grundsteuer) paid yearly; that will depend on the assessed value of the real property, the real property tax rate and the municipal multiplier. You can find insightful information and help for the calculations in the following websites:(http://www.nrwinvest.com/Business_Guide_englisch/The_tax_system/Taxation_of_Property1/index.php) and (http://grundsteuer.biz/Mecklenburg-Vorpommern.html)

 

  • ·         Why I am selling this property? As live in Portugal I am selling all my property in Germany. To do that I have a legal representation who lives in Germany (She is German and speaks well English) and have powers by attorney to take care of all my issues. 

 

  • ·         The property can be viewed anytime. For more information please contact me.

 

  • ·         All photos shown in this announcement were taken on 02/06/2014.

 

 

 

Contact Us:

·       If you have any questions feel free to contact us through the eBay messaging system. I will answer to all questions related to the property.

 

 Thank you for looking!