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House for sale in Koln, Germany

180 000€

50829 Köln

Property description

From a buyer's perspective, this property, located at 50829 Köln, offers 91 m² of living space with a slightly outdated, renovation-ready design. The property includes two garages, which may be an attractive feature for potential buyers looking for ample parking or storage space. The existing layout has multiple rooms, including a terrace, making it suitable for various uses or even expansion possibilities. The property is connected to a communal heating system (Fernwärme), which could provide a cost-effective and efficient heating solution. However, the property requires significant renovation and has been left vacant for an unknown period, which could potentially add to the overall risk and costs associated with the purchase. As an investment property, it may have potential if the buyer is willing to renovate and update the property to meet modern standards and tastes. The location may also appeal to buyers, as it is close to city amenities and services. However, considering the current condition of the property, it may be challenging to estimate a precise return on investment without further information. In terms of lifestyle, the property could offer a multi-functional living space with multiple bedrooms and bathrooms. The surrounding area appears to have good connectivity to public transport, shops, and recreational facilities, providing a potential suitable environment for various lifestyles. Overall, this property presents an opportunity for someone looking to invest in a renovation project or those aiming to secure a larger living space in a convenient location. However, the property's current state, the unknown duration of its vacancy, and the renovation requirements should all be factored into the buyer's assessment.

Location

50829 Köln

Date added: 24.07.2024

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