House for sale in Koln, Germany

From a buyer's perspective, this property description presents a fantastic opportunity for real estate investment and lifestyle purchase in Köln. You will be acquiring a 152.67m² (total living area) elegant single-family detached house and a 3-car garage on a 99-year Erbbaurecht (land ownership), starting from April 14, 2010. The house has a winter garden and terrace, providing you with ample outdoor space to relax and entertain, and an underground cellar for utilities or storage. Overall, it is in good condition but requires minor repairs in the cellar due to dampness which seems to be well managed. The house boasts a gas-fired central heating system and warm water, ensuring a cozy living environment. The property is located in Köln, which has its own charm and provides easy access to local amenities and transport links. With a selling price of 570,000 EUR, considering the current market value trends and local profitability, this property can be a great investment, providing you with rental income or your dream lifestyle in Köln. This estate is being auctioned by the regional court, and you may secure an attractive 30% discount, potentially bringing the total to 399,000 EUR, with no added notary costs or commission, making it even more appealing. This estate is featured in our monthly cost-effective immobilienversteigerungskatalog, hence contact us right away at 0221-97459790 to secure more details.