House for sale in Koln, Germany

Property description: Single-family house in detached construction (condominium no. 1) with two floors, basement, a living space of 159 m², balcony, a single-story double garage without basement and parking spaces in front of it. The exact year of construction is not known, probably from the 1950s. The layout includes in the basement: storage room, oil storage room, boiler room, utility room, and laundry room; on the ground floor: hallway, shower room, kitchen, dining room, and living room; on the upper floor: hallway, bathroom, and two bedrooms; in the attic: toilet and another room. The gas-operated heating system is defective. Hot water is provided through electric devices. The residential building could only be partially inspected, and the garage not at all. The condition of the building is average, but the heating system and many parts of the sanitary facilities need to be renewed. The balcony, attached to the building extension, extends over the neighboring property areas (parking lots and paths) as well as behind the house (courtyard). Price thoughts: The listed price for this property is 840,000 euros, but there is an opportunity to secure a 30% discount on the appraised value and purchase the property for only 588,000 euros. This presents a potential for a significant cost saving. In addition, notary fees and agency commissions are waived in this case. This property is being auctioned at the local court, making it a unique investment opportunity for those looking to acquire a property at a reduced price. If you have any further questions or would like to schedule a viewing, please contact us during business hours at the provided telephone number. This property is just one of many interesting real estate opportunities featured in our monthly affordable real estate auction catalog. Obtain these details now to acquire your desired property at a discounted rate.