House for sale in Koln, Germany

Property Description Detached semi-detached house for a family, two stories with a basement and converted attic, totaling 265 square meters of living space. Built around 1905 with an extension from the early 1960s. Partially modernized. Layout: Ground floor with entrance area, guest toilet, hallway, bathroom, master bedroom, children's room, kitchen, dining room, living room. Upper floor with hallway, bathroom, separate toilet, two bedrooms, separate kitchen, dining room, living room. Attic: no detailed information on room layout available. Heating is provided by a hot water central heating system. A viewing of the interior was not possible. The attic conversion and the terrace roof were carried out without the necessary building permit. Renovation work is necessary. The property is unkempt and covered with garbage. Price Thoughts The property is currently listed for €710,000 with the possibility of securing a 30% discount on the market value, bringing the price down to €497,000. Considering the need for renovations and the lack of proper maintenance, the initial asking price may be on the higher side. However, with the potential discount and the opportunity to acquire the property below market value, it could be a worthwhile investment for the right buyer willing to put in the necessary work to enhance its value.