House for sale in Koln, Germany

Property Description Detached semi-detached house for a family, two-story with basement and converted attic, totaling 265 square meters of living space. It has a balcony, a covered and cellar-protected terrace in the garden and was built around 1905, with an extension from the early 1960s. Partially modernized. Room layout: Ground floor with entrance area, guest toilet, hallway, bathroom, master bedroom, children's room, kitchen, dining room, living room. Upper floor with hallway, bathroom, separate toilet, two bedrooms, separate kitchen, dining room, living room. Attic: no further information available on the room layout. The heating is done via a hot-water central heating system. An interior viewing was not possible. The attic conversion and the covering of the terrace were carried out without the required building permit. Renovation work is necessary. The property is unkempt and covered with garbage. Price Thoughts The property is being auctioned with a market value of 710,000.00 EUR. It is mentioned that there may be a discount of up to 30% on the market value, potentially lowering the price to 497,000.00 EUR. It is also stated that notary fees and agency commission will be waived. Considering the need for renovation and the lack of proper permits for some modifications, potential buyers should carefully evaluate the property's condition and the costs involved in bringing it up to standard.