Yeah, my first guess would be Mahogany too, but I'm no expert...
It's seems like a good deal... 75€ for a (probably) mahogany guitar, setneck, with a case... Since I already have pickps and straplocks, I would spend about 150€ tops on other stuff, right?
50 for the bridge, 50 for the tuners, and 50 more for pots, nut and other stuff.
I could probably get it painted in an autoshop for free. Or do it myself...