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50935 Köln
Property Description: A three-story residential and commercial building with a basement, converted attic and attic, total living and usable area of 288 square meters. Attached to the rear is a three-story side building with a flat roof (converted as a roof terrace). The building was built around 1900 and is listed as a historical monument. Thoughts on Price: The property is currently being auctioned by the local court at a market value of 900.000€. However, there is a possibility to secure a 30% discount on the market value, bringing the price down to 630,000€. Additionally, there are no notary fees or agent commissions to be paid. This property presents a unique opportunity for potential buyers to acquire this historical building at a significantly reduced price.
50935 Köln