Property Description
This two-family house, built around 1969, is located in 50765 Köln. The property is situated on a leasehold land and consists of two floors with a living area of 245m². The house also features a full basement, a garage, and an additional apartment in the basement without a building permit, requiring some renovations. 

Thoughts on Price
The property is priced at 490,000€, which may seem high at first glance. However, considering the size of the house and its potential as a two-family dwelling, as well as its location in Köln, it could be a good investment for someone willing to put in the work to renovate and bring the property up to code. The price may be negotiable based on the extent of the renovations needed.

Objektbeschreibung                          Zweifamilienhaus, Baujahr: ca. 1969, Erbbaurecht liegt vor, 2  Etage(n), Wohnfläche: 245m², Keller/vollunterkellert, Garage vorhanden, Wohnung im Kellergeschoss ohne Baugenehmigung, Instandsetzungsbedarf

House for rent in Koln, Germany

 Based on the given description, this property is a semi-detached house (Reihenendhaus) built in approximately 1974. It has a floor area of 209m², including a winter garden, and is located in Köln, Germany. The property has a basement and a garage and may require some renovation or maintenance, as mentioned in the "teilweise Instandsetzungsbedarf" part of the description.

From a real estate investment perspective, this property does not have a documented building permit for the winter garden, which could pose a risk. This grants the option of either purchasing the property with the goal of renovating it or using it as an investment by renting it out. The final decision would depend on the market conditions, rental yield potential, and the investor's risk tolerance.

As a lifestyle purchase, the property offers a suitable living space in a convenient location. The semi-detached house design provides privacy while still being part of a residential area. The winter garden and garage can also be seen as added benefits. However, the property does require some level of maintenance or renovation work, which might not be appealing to everyone.

Objektbeschreibung                          Reihenendhaus, Baujahr: ca. 1974, Erbbaurecht liegt vor, 1 Etage(n), Wohnfläche: 209m², Wintergarten, Keller/vollunterkellert, Garage vorhanden, teilweise Instandsetzungsbedarf, keine Baugenehmigung für den Wintergarten nachgewiesen

Property description: 

This two-family house, built around 1969, offers a living space of 245m² spread over two floors. The property comes with a fully finished basement, a garage, and an existing ground lease. It also includes a basement apartment that was completed without proper building permits, requiring some renovations. Located in the 50765 Köln area, this property is ideal for investors or those looking for a multi-family home with potential for additional rental income.

As for the price of €490,000, it reflects the size of the property, its location in the desirable Köln area, and the potential for rental income from the basement apartment. While some renovations may be needed, this property offers a great investment opportunity for buyers looking to add value and generate additional income.

 As a potential buyer, you should be aware that this property is a semi-detached house built in approximately 1974. It has been previously approved for an inheritance contract, has 1 floor, and an living area of 209 square meters. The house comes with a cellar, a garage, and a winter garden. You should also note that there may be some partial repair needs, as well as the absence of any documented building permit for the winter garden conversion. From an investment perspective, the property has potential, but it is essential to consider these remaining requirements and whether they will affect the overall value or your long-term rental income. It is important to consult with a real estate agent or a professional evaluator to estimate the actual price you should pay and any potential additional expenses you may incur.

Property Description
A dream townhouse in a beautiful location in the south of Cologne. This exclusive designer house fulfills all your living desires in a quiet location with a beautiful garden and a fitness room with a sauna near the Rhine. The 70 m² room is divided into a large, open exclusive Bulthaup kitchen with a dishwasher, steamer, and a large dining group, as well as a spacious living room with an open fireplace. The flowing transitions between the kitchen, dining, and living areas create a sense of spaciousness. From the living area, you have access to the Mediterranean-style terrace with a garden. The upper floor features a bedroom with a double bed and a loft with a single bed and a workspace. One of the bedrooms has a beautiful balcony overlooking the garden and a walk-in closet. All 3 bathrooms in the house are pure wellness oases. The high-quality modern furnishings with various art objects offer you an exclusive living experience. The polished wooden floor radiates warmth. 
Additional details: 2 of the bathrooms have underfloor heating; 1 has a bathtub and separate shower, and 1 has a shower. There is also a separate guest toilet, a large sauna, a well-equipped fitness room, a laundry room with a washer/dryer, cable TV, DVD, HiFi, internet flatrate, and telephone (fees apply). This is a non-smoking property. A home office room can be provided at an additional cost. You can park your car in the carport or use the ample street parking. A cleaning service of 5 hours per month is mandatory at an additional cost. Rent does not include final cleaning, cleaning costs, or the home office room (if needed). All information is based on the owner's statements. Despite our diligence, we cannot assume liability for the accuracy of the information.

Price Thoughts
The property in Köln offers an exceptional living experience with luxurious amenities such as a sauna, fitness room, and high-quality furnishings. The location near the Rhine adds to the appeal of this townhouse. The rent of 2.950€Warmmiete may be considered reasonable considering the exclusive features and prime location of the property. Buyers looking for a stylish and comfortable living space in a desirable area may find this property to be a worthwhile investment.

Objektbeschreibung                          Ein Traum von Reihenhaus in wunderschöner Lage im Kölner Süden Alle Wohnwünsche erfüllt Ihnen dieses exklusive Designerhaus in ruhiger Lage mit schönem Garten und Fitnessraum mit Sauna in Rheinnähe. Ein 70 m² großer Raum teilt sich auf in eine große, offene exklusive Bulthauptküche u.a. mit Spülmaschine, Dampfgarer und einer großen Essgruppe sowie einem großzügigen Wohnraum mit offenem Kamin. Die fließenden Übergänge zwischen Koch- Ess- und Wohnbereich schaffen Großzügigkeit. Vom Wohnbereich haben Sie Zugang zur mediterran gestalteten Terrasse mit Garten. Im oberen Bereich befindet sich ein Schlafzimmer mit einem Doppelbett (160 x 200) und im Dachstudio ein 120 x 200 m Bett mit Arbeitsbereich. Eines der Schlafzimmer hat einen wunderschönen Balkon zur Gartenseite und einen begehbaren Kleiderschrank. Alle 3 Bäder im Haus sind Wellnessoasen pur. Hier und in der Sauna können Sie herrlich vom Alltag abtauchen und entspannen. Die hochwertige moderne Möblierung mit diversen Kunstobjekten bieten Ihnen ein exklusives Wohngefühl. Der gepflegte Holzboden strahlt die passende Wärme aus. Weitere Details: 2 der Bäder mit Fußbodenheizung: 1x Wannenbad mit separater Dusche, 1x Duschbad, ein separates Gäste-WC, große Sauna + gut ausgestatteter Fitnessraum, Waschküche mit Waschmaschine/Trockner, Kabel-TV, DVD, Hifi, Internet-Flatrate, Telefon gegen Gebührenabrechnung, Nichtraucherobjekt. Ein Büroraum kann gegen Aufpreis ebenfalls zur Verfügung gestellt werden. Sie können ihr Auto im Carport abstellen oder die ausreichenden Parkmöglichkeiten auf der Straße nutzen. Eine Reinigungsservice von 5 Stunden pro Monat gegen Aufpreis ist verpflichtend.   Miete zzgl. Endreinigung, Reinigungskosten, Büroraum (bei Bedarf).Alle Angaben beruhen auf Auskünften des Eigentümers. Trotz unserer Gewissenhaftigkeit können wir für die Richtigkeit der Angaben keine Haftung übernehmen.

 Description of a property:

* Semi-detached house, constructed approximately in 1974
* Erbbaurecht is in place, which indicates a share in the land belongs to the property
* The size of the property is approximately 209 m² (possibly excluding the wintergarden, garage, and cellar)
* Additional features include a wintergarden, full-basement garage, and a partial basement
* The property needs some renovation or repair, and no building permit for the wintergarden was found.

Based on this information, evaluating the property for a real estate investment and as a lifestyle purchase:

* For real-estate investment: Given that the property needs renovation, it may be a good factor to maintain the property's value or make improvements in the long-term. However, you will need a fair amount of financing for this kind of work and a place to live temporarily. The current market value seems relatively high for the existing state of the property (with a wintergarden that is not officially approved), but it is possible you may acquire the property for a discounted price if the current owners are not willing or not able to carry the full weight of required repairs.
	+ As your primary residence, this property offers ample living space in a city with good transport connections and potential rental income from any future tenants during the renovation.
* For lifestyle purchase: As a primary residence, the property offers a good-sized living space along with additional amenities such as wintergarden, garage, and basement. The city of Cologne presents the advantage of good infrastructure with professional and cultural opportunities. Some potential downsides are the need for renovation which will factor in your future lifestyle and the partially unfinished basement (which could be a place for storage or a workspace, but without foundations, there might be restrictions for usage).

House for rent in Koln, Germany

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Objektbeschreibung

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