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Cologne, Old Town South: Stylish, completely renovated apartment available for first occupancy, with a private parking space.

50676 Köln (Innenstadt) – Nordrhein-Westfalen
438.000 €
3
Room
77.01 m²
Living Area
Apartment

This high-quality, renovated apartment is located on a high floor in the heart of Cologne's old town and combines urban living with modern comfort. With approximately 77 square meters of living space, it impresses with its well-thought-out layout, stylish design, and a spacious balcony that perfectly complements the living area. As part of the comprehensive renovation, the apartment has been brought up to a modern standard, both technically and aesthetically. The following measures were implemented, among others:
* Complete renewal of the electrical system, including a new distribution board.
* Installation of modern spotlights in the bathroom and hallway.
* Redesign of the bathroom with high-quality brand fixtures.
* Prepared connections in the kitchen for flexible design options.
* High-quality oak parquet flooring in a classic plank format.
* New radiators from Kermi.
* Storage room with connections for a washing machine.
* Electric roller blinds for added comfort.

A particular advantage is the parking space that belongs to the apartment, which represents a significant added value in this location. The well-designed layout also makes it suitable for use as a shared apartment. For investors, there is also the option to create an attractive rental property, for example in the co-living sector, by furnishing the apartment and developing a suitable concept. In this case, rental income of up to €1,850 per month is realistic. We would be happy to provide you with more details about this in person. The apartment is currently vacant and is suitable for both personal use and as an investment property in one of the most sought-after locations in Cologne. The furniture currently serves only as an illustration and provides an example of the potential use and spatial effect.

Are you interested in this apartment?

Object Number
OM-450826
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
438.000 €
Purchase additional costs
approx. 34,313 €
Total costs
approx. 472,313 €
Purchase price garage/parking space
10,000 €
HOA fee
390 €

Breakdown of Costs

Purchase price 438.000 €
Real estate transfer tax 28,470 € (6.50%)
Notary costs 3,856 € (0.88%)
Land register entry 1,988 € (0.45%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,656€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.67%

Details

Condition
First occupancy after renovation
Number of floors
5
Level
1st floor
Usable area
8 m²
Bathrooms (number)
1
Bedrooms (number)
2
Number of parking lots
1
Flooring
Parquet, Tiles
Heating
Central heating
Year of construction
1971
Equipment
Balcony, Basement, Elevator, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The apartment is characterized by its high-quality and timeless design, carefully selected during a complete renovation with a keen eye for detail. Modern technology blends seamlessly with stylish materials, creating a harmonious living environment with a high level of comfort.

The building is located on a quiet side street, offering a pleasant and relaxing living atmosphere. The apartment itself is also situated in a quiet location, providing a rare retreat in the heart of the city. The spacious balcony extends the living space outwards and invites you to relax.

A fitted kitchen can be installed upon request, at an additional cost, and customized to suit the specific features of the apartment.

Immediate availability and the parking space included with the apartment perfectly complement this attractive overall package.

Location

The apartment is located in the heart of Cologne, in a prime city center location, and offers a high standard of urban living. Numerous shops, cafes, restaurants, and cultural attractions are within easy walking distance. The Cologne Cathedral is also just a few minutes away, adding to the area's unique appeal.

The surrounding area is characterized by a well-established structure with historical architecture, short distances, and excellent infrastructure. Supermarkets, bakeries, pharmacies, and doctors' offices are all located nearby. The Rhine River, with its extensive promenades, offers additional opportunities for recreation and leisure.

Public transportation links are excellent. Several subway and tram lines are easily accessible, providing optimal connections to all parts of the city and to the main train station. The location also offers clear advantages for commuters due to its proximity to major transportation hubs.

Overall, this location combines urban living with a high quality of life and is one of the most sought-after residential areas in Cologne.

Location Check

Shopping
Eating Out
Sports
Nightlife
Culture
Health
Child Friendliness
Public Transport
Nature

Energy

Final energy consumption
153.90 kWh/(m²a)
Energy efficiency class
E
Energy certificate type
Consumption certificate
Main energy source
District heating

Miscellaneous

This property is offered commission-free; there are no real estate agent fees.

Due to an unusually high utility consumption by the previous owner, the monthly service charges are currently temporarily increased. The regular monthly service charges (including reserves, water, and heating) are currently €578.62. The seller will contribute an additional €188.62 per month for a period of three years, resulting in an effective monthly service charge of €390 for the buyer, including reserves.

Inquiries from real estate agents are not welcome.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Commission: No commission for buyers

Offer from: Herr Neumann