House for sale in Koln, Germany

Property Description: Semi-detached single-family house with separate apartment, two stories, with a basement and converted attic, totaling 109 square meters of living space and 47 square meters of usable space. The building features a balcony, terrace, annex, and garage and was likely built before 1910, with renovations in 1993. Layout: The basement consists of a hallway/kitchen, bathroom, hallway, two basement rooms, a deep cellar, and a hobby room. The ground floor includes a hallway, hallway, wardrobe, bathroom, kitchen, and office. The upper floor has a hallway, bedroom, and living room, while the attic has a hallway, bathroom, and two children's rooms. The heating is operated by a gas central heating system from 1993. The separate apartment does not meet required standards and was converted without approval. Modernization and fire safety measures are necessary. The property has an irregular shape. Thoughts on Price: The property is being auctioned at a value of 363,000.00 EUR, with a potential discount of 30% off the market value, bringing the price down to 254,100.00 EUR. Notary fees and agent commissions are also waived. It is important to consider the required modernization and fire safety measures when evaluating the price of this property. This could be a great opportunity for buyers looking to invest in a property with potential for improvement.