Yes it is from the Markneurkirchen/Schönbach area circa late 19th/early 20th century.
The f holes are a decent imitation of Guarneri del Gesu. The wood is nice and it's well made. Yes, get the bow rehaired. It's made of abeillewood which was cheap, but a very good wood for bowmaking.
It has been refinished with shellac at some point which helps preserve the original finish. It's a nice looking instrument and many of these, if they had good graduations of the top or have been regraduted can sound very nice.