House for sale in Koln, Germany

Property Description: This building combines residential and commercial areas in a villa style. It spans three floors with a basement and converted attic. The living area is 149 square meters, with a total floor area of 188 square meters. It features a duplex apartment, multiple office units, two balconies, a terrace, and a garage. Originally built around 1895, the building is listed as a historical monument. Extensive renovation and modernization took place around 2009. All units are currently rented out and heated by a Buderus gas central heating system, which also provides hot water. The elevator is currently out of service. Price Thoughts: The property is being auctioned off by the local court with a market value of 2,095,000.00 EUR. There is a possibility to secure a 30% discount on the market value, making the purchase price for this property only 1,466,500.00 EUR. Additionally, notary fees and agency commissions are waived. This is just one of the many interesting properties featured in our monthly affordable real estate auction catalog. Contact us now for more information on how to acquire your dream property at a discounted price.