House for sale in Koln, Germany

Property Description: The former barn building was converted into a single-family house from 1993-1996. The one-story house without a basement has a converted attic and a living area of 68 m². There is also a ground-level annex and a terrace. The exact year of construction is unknown. The layout includes on the ground floor an entrance area, hallway, bathroom, storage room, kitchen, and living room, while the attic consists of a hallway and two rooms. A viewing of the interior has not been conducted. In the exterior, there are apparent repair and modernization needs as well as structural defects and damages. The maintenance condition is average. The property is located in the hinterland and does not have a secured access road. Price Thoughts: The property is being offered at a market value of 385,000.00 EUR. However, there is potential to secure a discount of up to 30% off the market value, resulting in a purchase price of only 269,500.00 EUR. Additionally, there are no notary fees or agency commission. This property is being auctioned by the relevant local court. This could be a great opportunity for buyers looking to acquire a property at a discounted price and are willing to invest in repairs and modernization. Contact us for further details and to explore this and other interesting properties listed in our monthly real estate auction catalog.