House for sale in Koln, Germany

From a buyer's perspective, this property is a 2-storey detached house with a cellar and an attic, including a garage, built in 1976, offering a total living space of 146 m². The house is in need of some modernization and has some repairs. The property is located in Cologne, Germany. The layout of the house consists of a cellar with a hallway, a hobby room, a pantry, and a heating/laundry room, an entrance hall, a guest WC, a kitchen, and a living room with a size of 58.6 m² on the ground floor. The upper floor features a hallway, two bedrooms, a bathroom with a WC, a storage room, and two children's rooms with a total area of 57.2 m². The attic comprises a hallway, two rooms, and an additional bathroom with a WC, offering a space of 30.6 m². The heating and hot water are supplied by a gas boiler. The property requires some maintenance and has minor issues such as a defective gas boiler, water damage in the basement, and some windows that need to be replaced. As a real estate investment, the property appears to have potential, but it will require considerable effort and money to refurbish and repair. The current asking price is 416,000€, but you may be able to negotiate a 30% discount, bringing the price down to 291,200€. This price includes no notary fees or real estate agent commission. For lifestyle purposes, buying this property would provide you with a spacious family home in Cologne. However, you should be prepared for the necessary renovations and repairs. The property's location offers easy access to local amenities and transportation, making it suitable for both families and individuals looking for a comfortable living environment.