House for sale in Koln, Germany

Property Description Semi-detached single-family house with two floors, basement, and converted attic. The living area is 140 m². The building dates back to the years 1935-1950 and was likely modernized around 1980. Additionally, there is a former agricultural building. There is no heating system in place, and the house is uninhabitable due to numerous structural issues that would require extensive renovation or refurbishment. It is questionable whether this would be economically feasible or if demolition may be necessary. It appears unlikely that the house could be made usable in a financially viable way, so it is likely that the property will need to be cleared soon. The garden behind the agricultural building is overgrown and inaccessible. Please contact us for further questions by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at the telephone number 0221-97459790. This property will be auctioned at the competent district court. Market value: 364,000.00 EUR. Potentially secure a 30% discount on the market value and pay only 254,800.00 EUR for the property mentioned above. Notary fees and broker commission are also waived. This is one of many interesting properties that we publish in the current, monthly edition of our affordable REAL ESTATE AUCTION CATALOG. Obtain this information now to acquire your desired property at a low price. Catalog information: Telephone number 0221-97459790. Thoughts on the Price: Given the extensive renovations and repairs required for this property, the current market value of 364,000.00 EUR may seem high. However, with the potential for a 30% discount, bringing the price down to 254,800.00 EUR, it could be a worthwhile investment for someone looking to take on a renovation project. Additionally, the waiver of notary fees and broker commission adds further value to the purchase. It is important for potential buyers to carefully consider the costs and feasibility of the necessary renovations before making a decision.