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House for sale in Koln, Germany

510 000€

50829 Köln

Property description

As a potential buyer, this property located in Köln offers 107 square meters of living space, incorporating a terrace, garden, and garage. The property is a 1-story detached double-home with a basement and attic, and includes an additional 1-story non-basement annex. It has been estimated to have been built in the mid-1930s, with the garage and annex being added in 1964 and 1967 respectively. The room layout includes a hall, bathroom, WC, closet, hallway, 2 bedrooms, a kitchen, dining room, and 2 living rooms in the ground floor, totalling 83.6 square meters. In the attic, you'll find a hallway, 2 rooms (23 square meters in total), and no central heating system. The property relies on Alexander-type coal stoves found in the kitchen and living room. The room heights measure approximately 1.85 meters in the basement, 2.30 meters on the ground floor, 2.40 meters in the annex, and 2.15 meters in the attic. Access to the property is via the garden terrace. Contact details for inquiries are provided, and the property is being auctioned by the local court. The estimated market value is 510,000 Euros, which can be secured with a 30% discount, bringing the final price to 357,000 Euros. Meanwhile, legal fees and commission are excluded from this price. Overall, this property offers a good opportunity for both real estate investment and lifestyle improvement due to its size and potential for renovation and modernization. With its spacious living areas, gardens, and garage, it caters to those seeking a wider living space and outdoor facilities. Moreover, the relatively lower price for the area might attract buyers looking for a potentially profitable investment opportunity, given the potential for improvement and development in the area.

Location

50829 Köln

Date added: 24.07.2024

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