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. In addition, there is an entrance hall (97 sqm) and storage areas in the basement (159 sqm). The building was constructed around the year 1996 and renovated, modernized, and expanded from 2009 onwards. The apartment no. 4 on the 2nd floor is heated by an oil central heating system, with hot water provided by electric devices. Unfortunately, this apartment was not available for viewing during the inspection. The building was constructed on the grounds of the former Belgian barracks in Haelen and served as a staff training ground, which could also be used as a bunker. The general condition of the building is mostly satisfactory, but some repair work is necessary. Price Thoughts The property is listed for sale at a price of 5.690.000€, with the possibility of securing a 30% discount on the market value, bringing the final price down to 3.983.000€. This discount, along with the waiver of notary fees and agency commission, makes this property an attractive investment opportunity for buyers looking for a unique and spacious building in a prime location. With its mix of residential and office units, this property has great potential for a variety of uses, making it a valuable asset for the right buyer.