House for sale in Koln, Germany

Property Description: One-sided attached 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 presumably modernized around 1980. Additionally, there is a former commercial building. There is no heating system. The residential house is uninhabitable and has numerous structural defects that require extensive renovation or refurbishment. It is questionable whether this is economically feasible or if demolition is necessary. It seems unlikely that the residential house can be made economically viable again, so it is likely that the property will need to be cleared soon. The garden behind the commercial building is overgrown and inaccessible. Price Thoughts: The property is being auctioned by the competent district court for a market value of 364,000.00 EUR. There is a possibility of securing a 30% discount on the market value, allowing you to purchase the above-mentioned property for only 254,800.00 EUR. Notary fees and agency commissions are also waived. This property is one of many interesting properties featured in our affordable REAL ESTATE AUCTION CATALOG. Obtain these details now to acquire your desired property at a reasonable price. Catalog Information: Contact us at 0221-97459790 for more details.