House for sale in Koln, Germany

Property description: The former barn building was converted into a single-family house from 1993-1996. The one-story house without a basement has a converted attic and a living area of 68 m². There is also a ground floor annex and a terrace. The exact year of construction is unknown. The layout includes on the ground floor an entrance area, hallway, bathroom, utility room, kitchen, and living room, while the attic has a hallway and two rooms. No interior viewing has been conducted. The exterior shows obvious repair and modernization needs as well as building defects and damages. The maintenance condition is average. The property is located in a secluded area and has no secured access. Price thoughts: The property's listed price is 385,000 EUR. However, considering the need for repairs and the lack of secured access, the price might be a bit high. With a potential discount of up to 30% off the appraisal value, the property could be purchased for a more reasonable amount of 269,500 EUR. It is important to factor in additional costs for repairs and upgrades when evaluating the overall value of the property.