With good condition, €1,999 is a bit firm but not out of line for an M&K X12; new pricing for this model was around €2,900–€3,000 equivalent, and the wider used market I’d expect to sit roughly around €1,700–€2,200 depending on age and cosmetics, so this is near the upper end of fair rather than a bargain. The condition note helps, but it does not quite make it a steal.
What you’re paying for is the classic M&K formula: sealed, fast, low-distortion bass with real home-theater authority and excellent integration for music and movies. The X12 is well regarded as an upper-tier sub that can still sound controlled rather than bloated, which is the main reason to buy one used. At this price, I’d want to confirm it’s fully original, the amp is quiet, and it includes the grille and any packing—otherwise there’s not much cushion if something is missing.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.