House for sale in Koln, Germany

Property Description A detached building consisting of residential and office units (9 apartments, 9 offices), with 1 to 4 floors, a basement, a flat roof, a total living area of 910 sqm, and a usable area of 257 sqm. Additionally, there is an entrance hall (97 sqm) and storage spaces in the basement (159 sqm). The building was constructed around 1996 and renovated, modernized, and expanded from 2009 onwards. Apartment No. 4 on the 2nd floor is heated by an oil central heating system, and hot water is provided by electric appliances. Unfortunately, this apartment was not accessible for viewing during the inspection. The building was constructed on the grounds of the former Belgian Barracks Haelen and served as a command exercise area, which could also be used as a bunker. The overall condition of the building is mostly satisfactory, but some repair measures are required. Please contact us for further questions by phone, Monday - Friday from 08:00 - 20:00, Saturdays/Sundays 10:00 - 18:00 at the phone number 0221-97459790. This property will be auctioned at the competent district court. Market value: 5,690,000.00 EUR. Secure a potential 30% discount on the market value and pay only 3,983,000.00 EUR for the above-mentioned property. Notary fees and agency commission are also waived. This is one of many interesting properties that we publish in the current, monthly edition of our affordable real estate auction catalog. Obtain this information now to acquire your desired property at a reduced price. Catalog information: Phone number 0221-97459790. Thoughts on Price The property is priced at 5,690,000 EUR, which may seem high at first glance. However, with the opportunity to secure a 30% discount and pay only 3,983,000 EUR, this property offers significant potential value. Additionally, the waived notary fees and agency commission make the overall cost more attractive. Given the size, potential uses, and location of the property, it presents a unique investment opportunity for buyers looking to acquire a versatile building with residential and office units.