House for sale in Koln, Germany

Property Description Semi-detached single-family house with two floors, basement, and converted attic. The living space is 140 m². The building dates back to the years 1935-1950 and was likely modernized around 1980. There is also a former agricultural building on the property. Despite its potential, the house currently does not have a heating system and is uninhabitable. It has numerous structural defects that would require extensive renovation or possibly even demolition. It is doubtful whether the costs of restoration would be economically justifiable. Therefore, it is likely that the property will need to be cleared soon. The garden behind the agricultural building is overgrown and inaccessible. Price Thoughts With a listed market value of 364,000€, this property presents a unique opportunity for potential buyers willing to invest in renovation or redevelopment. There is a possibility of securing a 30% discount on the market value, bringing the price down to 254,800€. Additionally, notary fees and agency commissions are waived. This property is among many other enticing opportunities featured in our monthly real estate auction catalog. For more information and to potentially acquire your dream property at a discounted price, contact us at 0221-97459790.