House for sale in Koln, Germany

Property Description: Semi-detached single-family house with two floors, basement, and converted attic. The living area is 140 sqm. The building dates back to the years 1935-1950 and was likely modernized around 1980. Additionally, there is a former utility building. There is no heating system. The residential house is uninhabitable due to numerous structural defects that require extensive renovation or refurbishment. It is questionable whether this would be economically feasible or if demolition would be necessary. It seems unlikely that the residential house can be made usable again in a financially viable manner, therefore it is likely that the property will need to be cleared soon. The garden behind the utility building is heavily overgrown and inaccessible. Price Thoughts: The property is being auctioned off at a market value of 364,000.00 EUR. However, there is a possibility to secure a 30% discount on the market value, resulting in a purchase price of only 254,800.00 EUR for the above-mentioned property. Notary fees and agent commission are also waived. This property is one of many interesting properties featured in our monthly affordable REAL ESTATE AUCTION CATALOG. Obtain these details now to acquire your desired property at a discounted price. For more information, contact us at 0221-97459790.