Large apartment No. 11: Top offer with a price reduction and without an agent!

Large apartment No. 11: Top offer with a price reduction and without an agent!

In Cologne, property owners and prospective buyers are faced with an exciting opportunity these days: an attractive apartment in the heart of the city is coming up for auction. Apartment No. 11, located on the 2nd floor on the right, offers 112.83 m² of well-thought-out room layout that appeals to both families and singles. Equipped with a hallway, a modern kitchen, shower/toilet, a bathroom as well as three rooms and a cozy living room, it also offers two balconies that invite you to relax. A cellar compartment and an underground parking space complete the offer. Loud Living happiness The building was only built in 2016 and is heated in an environmentally friendly manner via district heating.

But the picture is not all that perfect: minor construction defects can be found in the building, which interested parties should take into account before purchasing. What is special about this accommodation, however, is the possibility of auctioning it at the local district court. The market value is 589,800 euros, although there could be a possible discount of up to 30%, which means a purchase price of an attractive 412,860 euros. With such a price-performance ratio, this could be a good deal for clever investors.

Value and market transparency

But how is the market value of a property determined? Loud bodenrichtwerte-deutschland.de Several factors play a role: the location, the current market and the neighborhood composition. The appraisal committees determine the property values ​​in order to ensure transparency on the real estate market. Good transport links and the availability of everyday shops such as supermarkets and schools increase the value of a property, while noise pollution from train tracks and other negative environmental factors can reduce it.

Nowadays it can be determined that the condition and age of the property are just as important as the number of rooms and the living space. Newer properties generally have a higher market value, which undoubtedly benefits apartment No. 11 in Cologne. In order to maximize the value, it is advisable to think about modernization before selling or auctioning. According to studies, clever investments through renovation measures often increase the value significantly.

The right method for value

How do you determine the market value exactly? In addition to the typical market situation, the comparative value method, the material value method and the income value method are used. Loud drklein.de Experts can use these procedures to determine the market value very precisely. The condition of the property and emotional values ​​do not play a role, it is only about the market value at the time of the valuation, which can change at any time.

With the right approach to valuation and local market knowledge, a new owner of the apartment in question could not only find a new place to live, but also invest in a potentially valuable property at the same time. If you are interested, you can call 0221-97459790 between Monday and Friday from 8 a.m. to 8 p.m. and on weekends from 10 a.m. to 6 p.m.