Have the 50 cm threshold professionally done as planned. If you do the interior finishing yourself, meaning the floor coverings, then I would build a wooden frame at 1 meter (or variable where it fits best according to the furnishings, use, or need) and cover it with sliding doors. The area under 50 cm can only bear weight without insulation. It hardly benefits the storage space either. For a hobby area or guest room, the low area can provide some spaciousness if the room is otherwise quite small.