House for sale in Koln, Germany

Property Description: The residential and commercial building is one-story with a basement and an attic. It features a one-story courtyard construction and an atrium, with a total living and usable area of 174/643 sqm. The building was constructed in 1952, expanded in 1953, and repurposed in 2003. The layout includes storage rooms, WC facilities, and building services in the basement; various office and meeting rooms, a retail space with exhibition areas, WC facilities, storage room, technical room, and terrace on the ground floor. The attic has a apartment with multiple rooms, kitchen, hallway/corridors, bathroom, WC, loggia, and rooftop terrace. Despite the need for repairs and modernization, as well as construction defects and damage present, this property holds great potential. The listing price is currently at 2.145.000€, but there is an opportunity to potentially secure a 30% discount on the market value and acquire the property for just 1.501.500€. Additionally, notary fees and agency commission will be waived if purchased through auction. Overall, this property presents a compelling investment opportunity with the potential for significant savings. Don't miss out on this chance to acquire a unique property in 50677 Köln. Contact us for further inquiries and to learn more about this listing. Price Thoughts: The price of 2.145.000€ is reflective of the size and unique features of this property, as well as its location in a desirable area of Köln. With the potential for a 30% discount on the market value, the property becomes even more attractive for potential buyers looking to invest in a property with great potential.Considering the size and the opportunities for renovation and modernization, the property offers a chance to create a customized space that meets the buyer's needs.