Hello Planetx,
First of all: be cautious with the seller's statements. €50 monthly heating costs for 500 m² living space, as Euro already mentioned, something doesn't add up, even if it were super insulated. Make sure to ask to see the energy certificate for the property; the seller is legally obliged to present it to you. If it is a consumption certificate, it reflects the consumption of the users over three consecutive years. This may also be from a longer time ago and thus does not represent the current situation. It is also possible that perhaps only one person lived there temporarily, resulting in very low consumption. Therefore, the consumption bills from recent years are also of great interest. A demand certificate reflects the building physics and technical condition of the building and provides a more accurate impression. Depending on the age of the building and the number of residential units, one or the other variant is mandatory. Additionally, it is recommended to take an expert along to the viewing, possibly even have a value appraisal done and the renovation costs estimated, so it does not become a “Euro-cent” pit.
Basically, replacing the existing heating system will be inevitable sooner or later anyway, because Nachspeicherheizungen bis 2020 gesetzlich abgeschafft werden müssen. So if you are going to renovate the house anyway, you should plan for a heating system modernization. From my point of view, a gas condensing boiler is suitable for several reasons. It does not require a storage room for fuels (oil, pellets), the chimney can be easily installed, e.g. through an external flue, the technology is quiet and highly efficient (efficiency 103%), has low CO2 emissions, and adapts through the use of a modular system to future lower demands, e.g. through the implementation of renovation measures over time.
Good luck with the house purchase!
Regards
Erik