House for sale in Koln, Germany

Property description: Leasehold for a detached 2-family house. The house has two floors, is mostly basemented, and equipped with a flat roof. The living area is 192 sqm, plus additional developed areas in the basement (52 sqm) and an attached garage. The house was built in 1969, with an expansion in 2007. The layout includes on the ground floor a hallway, a corridor, a WC, a bathroom, a kitchen, two bedrooms, a living room, and a terrace totaling 99.21 sqm. The upper floor consists of another bathroom, a study, a bedroom, a kitchen-living room, and another living room on 93.46 sqm. Heating is provided by a gas boiler, with underfloor heating in the upper floor and wall heaters in other areas. The basement was converted into a 53 sqm apartment without permission, with repair needs due to moisture damage. There is a leasehold for 99 years from the date of registration. Approval from the property owner (Archdiocese of Cologne) is required before bidding can take place. Property price thoughts: The property is being auctioned by the competent district court with a market value of 490,000.00 EUR. Potential buyers could secure a 30% discount on the market value, paying only 343,000.00 EUR for the property. Notary and agency fees are waived. This property, along with others, is featured in a monthly cost-effective real estate auction catalog, offering the opportunity to purchase desirable properties at a lower price. Contact the provided phone number for more information.