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Cologne, Old Town South: High-quality renovated apartment available for the first time, with its own parking space.

50676 Köln (Innenstadt) – Nordrhein-Westfalen
429.000 €
3
Room
77 m²
Living Area
Apartment

This stylish, completely renovated apartment is located in the heart of Cologne's old town and combines urban living with modern comfort. Spanning approximately 77 square meters, it features a well-designed layout, high-quality finishes, and a spacious balcony that optimally extends 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.
* Modern recessed spotlights in the bathroom and hallway.
* Completely redesigned bathroom with high-quality branded fixtures.
* Prepared connections for flexible kitchen design.
* High-quality oak parquet flooring in the "country plank" format.
* New radiators from Kermi.
* Practical storage room with washing machine connection.
* Electric roller shutter motors for added comfort.

A particular advantage is the parking space that belongs to the apartment, which offers real added value in this central location. Thanks to its well-designed layout, the apartment is also ideal for use as a shared living space. For investors, it also offers the opportunity to generate attractive rental income, for example in the co-living sector, through appropriate furnishing and adaptation of the concept. The apartment is vacant and is suitable for both personal use and as an attractive investment in one of the most sought-after locations in Cologne. The apartment is currently furnished as an example to clearly demonstrate its potential use and spatial effect. As part of the comprehensive renovation, the apartment has been brought up to a modern standard, both technically and aesthetically. The following measures, among others, have been implemented:
• 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 branded fixtures.
• Prepared kitchen connections for flexible design options.
• High-quality oak parquet flooring in a traditional plank format.
• New radiators from Kermi.
• Storage room with connection for a washing machine.
• Electric roller shutter motors for increased comfort.
A particular advantage is the parking space belonging to the apartment, which represents a significant added value in this location. The well-designed layout also makes it suitable for shared living arrangements. Furthermore, for investors, there's the option to create an attractive rental property, for example, in the co-living sector, through furnishing and a tailored concept. In this case, rental income of up to €1,850 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 is currently only for illustrative purposes and provides an example of the possible use and spatial effect.

Are you interested in this apartment?

Object Number
OM-456473
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
429.000 €
Purchase additional costs
approx. 33,619 €
Total costs
approx. 462,618 €
Purchase price garage/parking space
7,500 €
HOA fee
395 €

Breakdown of Costs

Purchase price 429.000 €
Real estate transfer tax 27,885 € (6.50%)
Notary costs 3,796 € (0.88%)
Land register entry 1,938 € (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: 1,613€

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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 3.64%

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
1970
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 impresses with its high-quality and timeless design, carefully selected during the comprehensive renovation with meticulous attention to detail. Modern technology combines with stylish materials to create a harmonious living environment with a high level of comfort.

The building is located on a quiet side street, creating a pleasantly relaxed atmosphere. The apartment itself is also quiet, which is a particular advantage in this central location. The spacious balcony extends the living space outdoors and offers an ideal place to relax.

Immediate availability and the parking space included with the apartment complete this attractive overall offer.

Location

The apartment is located in a prime city center location in the heart of Cologne, offering urban living with a high quality of life. Shops, cafes, restaurants, and numerous cultural attractions are all within easy walking distance. The Cologne Cathedral is also just a few minutes away, further enhancing the appeal of this location. The surrounding area is characterized by its established structure, historical architecture, short distances, and excellent infrastructure. Supermarkets, bakeries, pharmacies, and doctors' offices are all located nearby. The Rhine River, with its promenades, also provides attractive opportunities for relaxation and leisure.

Public transportation links are optimal. Several subway and tram lines are easily accessible, ensuring a quick connection to all parts of the city and to the main train station. The location is also extremely advantageous for commuters due to its excellent access to central transportation hubs.

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

Location Check

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

Energy

Final energy consumption
153.00 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 agency fees.

Due to high utility consumption by the previous owner, the monthly service charges are currently temporarily increased. The regular monthly service charges are currently €578.62. The seller will contribute an additional €183.62 per month for a period of two years, resulting in an effective monthly service charge of €395 for the buyer.
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