House for sale in Koln, Germany

Description: This detached single-family house with two floors, a basement, and an attic is located in 51147 Köln. It has a living area of 197 sqm, including 3 balconies, a terrace, a pond, and 4 garages. Built in 1997, the property features a well-thought-out layout with various rooms and spaces for different purposes. The basement includes hallways, storage rooms, an office, a hobby room, a WC, a shower room, the heating room, and the house connection room. On the ground floor, you will find a hallway, a WC, a bathroom (formerly a sauna), a utility room, a guest room, a kitchen, and a living room. The upper floor consists of a hallway, two bathrooms, an open gallery, and three rooms. The attic offers a hallway, a utility room, a drying room, and a fitness room. Heating and hot water are provided by a gas central heating system by Wolf. However, it is important to note that the property requires significant maintenance and modernization efforts, as well as having some construction flaws and damages. This property is being auctioned at the competent local court with a market value of 1.405.000,00 EUR. Potential buyers have the opportunity to receive a 30% discount on the market value, bringing the purchase price down to 983.500,00 EUR. Additionally, notary fees and agency commissions are waived. This property is just one of many exciting opportunities featured in our monthly real estate auction catalog. Contact our office for more information at 0221-97459790. Price: The asking price for this property is reflective of its size, location, and features. With the potential to secure a significant discount on the market value through the auction process, this property presents a unique opportunity for buyers looking to invest in a spacious and versatile home. Despite the need for maintenance and modernization, the property's value could increase over time with the right improvements. Interested buyers should consider the long-term potential of this property and act quickly to take advantage of the discounted price.