Purchase / Rent-to-own or Exchange - House with potential, requiring renovation.

House in the heart of Lunzenau
Currently in need of renovation.
The gas boiler needs to be repaired or replaced, and the interior insulation on the roof needs to be completed, along with some smaller tasks that are typical for a house. The roof is relatively new and in good condition. The plumbing, electricity (partially renewed), and gas systems have not been inspected, as the house has not been occupied by us and has not been used for over a year.

Ground Floor:
Former small restaurant or hobby business.
2 rooms, WC, boiler room, fixed storage room/workshop/shed below the terrace and courtyard.

First Floor:
2 bedrooms, kitchen, bathroom, sunroom or additional room, and a roof terrace.

Second Floor:
Partially renovated, 2 bedrooms, bathroom. The third room could also be used as a kitchen, creating a second apartment, or as a third room. Some insulation material still needs to be installed and finished here. Above this is an attic space for storage. Purchase, rent-to-own, or other conditions may be possible.

Purchase Price:
€59,000

Rent-to-Own:
D­own payment: €10,000
Installments: 9 years x 12 months x €500 = €54,000
Total Price: €64,000 No real estate agent fees. Ancillary costs (notary, land registry) are only due upon full payment, i.e., at the end of the term, thus providing financial flexibility for investments. ALL costs are borne by the buyer from the start of the contract (gas, water, electricity, property tax, insurance, waste disposal, etc.).

This is a fair offer; otherwise, you can use the interest calculators offered by banks. Feel free to email us with any further questions. We are also currently open to considering a trade for a valuable asset. By any chance, do you have a small property in Spain?