House for sale • 252 m² without real estateKöln Höhenhaus Nordrhein-Westfalen 51061

The 665m² property is developed with a detached, three-story, basement-equipped triplex with an expanded attic and a two-story, non-basement winter garden extension, as well as a double car garage, a single car garage, and two ancillary buildings (a wooden shed and a garden shed). Year of construction for the residence/double garage: mid/late 1990s.

The property is located on the outskirts of Cologne, in the Höhenhaus district, which belongs to the right-Rhenish district of Mülheim. All daily necessities can be reached on foot.

Public transportation stops are in the immediate vicinity.

Höhenhaus is situated east of the A3 in the northeastern part of Cologne. The condition of the property is solid. The layout does not conform to modern standards and might need to be adapted if necessary.

Furthermore, reference is made to the appraisal filed at the Cologne District Court under file number AZ 0092 K 0042/2023.

The sale is taking place as part of a partition auction, which the owners have mutually agreed to request. The listed price of 546,000 euros corresponds to 7/10 of the market value set by the District Court at 780,000 euros (appraisal). However, the adjudication may also occur at 5/10 of the appraisal value.

The owners will also agree to the sale even if the highest bid is below the appraisal value. For legal reasons, the property cannot be sold privately beforehand.

The auction date has been published by the Cologne District Court on www.zvg-portal.de under the file number 0092 K 0042/2023. There you can view the appraisal along with additional photos.

The auction date is on 27.05.2025 at Reichenspergerplatz 1, 50670 Cologne, in Session Room 18.

The property offers significant potential for a much larger new construction in the event of demolition or partial demolition.

The adjoining undeveloped land, an open area, can likewise be purchased by the same owners separately from the auction, if desired. This pertains to the building and open area in the Mühlheim cadastral district, Parcel 3, Plot 641, which has an area of 2.71 ares.