House for sale in Koln, Germany

Property Description Semi-detached single-family house with two floors, basement, and converted attic. The living space totals 140 m². The building dates back to the years 1935-1950 and was likely modernized around 1980. Additionally, there is a former outbuilding. There is no heating system in place, and the house is uninhabitable. There are numerous structural defects that require extensive renovation or refurbishment. It is questionable whether it is economically feasible or if demolition is necessary. It seems unlikely that the house can be made habitable in a financially viable way, so it is likely that the property will need to be cleared soon. The garden behind the outbuilding is heavily overgrown and inaccessible. Price Thoughts The property is being auctioned at the local district court with a market value of 364,000.00 EUR. You may be able to secure a 30% discount on the market value, bringing the price down to 254,800.00 EUR. Additionally, notary fees and agency commission are waived. This property is one of many interesting listings featured in our monthly cost-effective REAL ESTATE AUCTION CATALOG. Obtain this information now to acquire your desired property at a discounted price. For catalog information, contact 0221-97459790.