House for sale in Koln, Germany

From a buyer's perspective, this property is a 1920s-built, semi-detached house with a total living area of 98 m², offering a garden, loggia, and two garages. The house has undergone extensions and modifications over the years (1967 and 1980), keeping up with changing needs. The room distribution includes a secondary apartment potential with separate entrances, making it suitable for multi-generational living or rental income opportunities. The estimated purchase price is 380,000€, and the preliminary estimate for the property value is 266,000€ after considering a 30% discount on the listing price, excluding notary fees and estate agent commission. The description mentions that contact for further inquiries can be made via a specified phone number during their operational hours. The auction in question is taken place at the local court, and this is bundled in the company's monthly catalog promotion. As for the investment aspect, the property appears to offer good value for the price considering the area and the potential for rental income due to its secondary apartment potential. However, the need for a discount due to the age of the property may indicate some renovation costs that could be expected in the future. For lifestyle purposes, the property offers a comfortable living environment with ample space for a growing family or multiple generations. The presence of a garden and garages adds to the appeal for those seeking outdoor living and convenient parking. The property's location in Cologne adds to its desirability, as it provides easy access to urban amenities and local attractions.