House for sale in Koln, Germany

Property Description: Detached multi-family house with three separate apartments, two stories, with a basement and a converted attic. The living space varies between 58 and 91 m², totaling 240 m² of living space. Additionally, the house has a loggia, a patio, and a garage. Year of construction: 1968. Heating and hot water supply are currently provided by a non-functional oil central heating system from Buderus. The building was originally constructed as a two-family house according to approval, but is now used as a three-family house due to the subsequent conversion of the attic. There is a general backlog in the maintenance and modernization of the building, including structural defects and damages. A viewing could only be conducted in the basement and attic, as well as in the stairwell and exterior area. Price Thoughts: The property is being auctioned by the relevant local court with a traffic value of 810,000.00 EUR. Buyers may secure a potential 30% discount on the traffic value, resulting in a purchase price of only 567,000.00 EUR for the above-mentioned property. Notary fees and agency commissions are also waived. This property is one of many interesting properties featured in our monthly affordable REAL ESTATE AUCTION CATALOG. Contact us now to acquire this information and purchase your desired property at a discounted price.