The neck looks like it was broken at one point and repaired. The proper repair is a neck graft which is expensive. Also, looks like the bass was re-finished as well.
Cheaper repairs and re-finished old basses are far too common. Most people don't want to spend the money to do things right or have the experience to do it either. The result is what you have there. Compromise. The neck can get repaired again properly but the original varnish is gone forever. Even a shop bass deserves respect in this case.
value wise, the re-varnish is not a huge problem for a bass of this level. the neck is still an issue. It is beechwood and they see a fair share of damage. Also, this class of bass often gets heavily used as student or low coat basses as compared to finer hand made models.
In dollars, maybe the price is ok. In Euros, I think it's high. You can spend just as much fixing a bass like this to get it right. I can't measure all the other parts or play it for playability on-line and determine what's needed in the set-up but I doubt that bass is ready to go as-is by my standards.
Also, measuring the scroll to fingerboard angle on screen from the last picture, the head of the bass is pitched way forward of the fingerboard/neck glue joint. That is a bad repair period and to be fixed the right way, it needs a new neck graft as mentioned.
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