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475 000 €

Flat in Koeln, Germany, 80 sq.m
  • Flat in Koeln, Germany, 80 sq.m - picture 1
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  • Flat in Koeln, Germany, 80 sq.m - picture 1
  • Flat in Koeln, Germany, 80 sq.m - picture 2
  • Flat in Koeln, Germany, 80 sq.m - picture 3
  • Flat in Koeln, Germany, 80 sq.m - picture 4
  • Flat in Koeln, Germany, 80 sq.m - picture 5
  • Property ID on Prian.info: 3760519
    Property ID on company's website: 2487
    Last update: 14.05.2023
    Number of views: 2756

475 000 €

Flat in Koeln, Germany, 80 sq.m

80 sq.m 3
Rental property

  • Property ID on Prian.info: 3760519
    Property ID on company's website: 2487
    Last update: 14.05.2023
    Number of views: 2756

Specifications

Sale price 475 000 €
Price per square meter 5 937.5 €
Floor area 80 sq.m
Total number of rooms 3
The property can be rented out
Property is rented
Address Germany, Koeln, Bonifazstr. 12, 50968 Köln
Three-room Apartment

Additional services

  • Property management company

Finance

Business expenses
Not included in the price
Commission fee 3.57 %
Tax 6.5 %
Notary Services 1 %
Other expenses 0.5 %

Description

We present to your attention an apartment house located in Cologne (land — North Rhine-Westphalia).

The object built in 1895 consists of 4 apartments, three of which are two-bedroom with an area of 55 sq.m. and one multi-level three-bedroom with an area of about 80 sq.m.
Each apartment has a separate basement and parking.
The house is an architectural monument of the 19th century and is subject to protection.

Since 2008, all facades, drains, windows have been repaired in the house, the interior plaster has been repaired, the entrance has been painted, and the basement has been insulated from the outside. All apartments are in excellent condition and do not need repair for at least the next 10 years.

Heating of each apartment is carried out by recuperative gas columns, which have also been updated over the past 8 years.

The current annual income is 33,603 euros.
At the same time, at the moment 2 apartments and three parking spaces are rented much lower than the market price (old tenants).

The house can be purchased as a whole, or each apartment separately

The cost of the house in full is 1,300,000 euros
Rental income — 33,603 euros/year
Profitability — 2.58%

The cost of 2-room apartments is 275,000 euros for each
Rental income — from 6,000 to 7,566 euros/year
Profitability — from 2.18% to 2.75%

The cost of a 3-room apartment is 475,000 euros
Rental income — 11,940 euros/year
Profitability — 2.51%

Cologne is a city in the Federal Republic of Germany, in the state of North Rhine-Westphalia. The million-strong city of Cologne is the fourth most populous and third largest city in Germany, as well as one of the largest economic and cultural centers of the country. In addition, Cologne is the largest center of the 10-million-strong upper agglomeration of the Rhineland-Ruhr region and the center of the 2-million-strong monocentric agglomeration. The "Metropolis on the Rhine", as Cologne is often called, is one of the oldest cities in Germany, which has played a significant role in the history of Europe throughout its existence, since the Roman era. Cologne is famous for its main temple — Cologne Cathedral, one of the main Catholic churches in Germany. Cologne has long been one of the largest transport centers in Europe. This is due not least to its geographical location at the intersection of trade routes from Germany and Eastern European countries to France and England on the one hand; and also the waterway along the Rhine from the North Sea inland. It is no coincidence that the Hansa was founded in Cologne. Cologne is home to Germany's largest university with 44,000 students. The city also has an international airport, with more than 6 million passengers passing through it annually.

If you are interested in this and other objects, you can submit a request. The employees of our company will contact you in the near future and will provide you with the objects corresponding to your request.

Do not miss the opportunity to purchase an apartment house or an apartment in Cologne!


Additional features

Apartment details

  • good condition

Contact seller

Message sent

Representative

Igor Siebert
CEO
Languages: english, german
Show phone number



Cost of accomodation in Koeln

Cost of accomodation in Koeln
Restaurants
Cappuccino (regular) 2.97 €
Coke/Pepsi (0.33 liter bottle) 2.36 €
Domestic Beer (0.5 liter draught) 3.50 €
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 55.00 €
Meal, Inexpensive Restaurant 12.00 €
Water (0.33 liter bottle) 1.95 €
Imported Beer (0.33 liter bottle) 3.00 €
Markets
Apples (1kg) 2.23 €
Banana (1kg) 1.47 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 16.17 €
Bottle of Wine (Mid-Range) 5.00 €
Chicken Fillets (1kg) 13.92 €
Domestic Beer (0.5 liter bottle) 0.95 €
Eggs (regular) (12) 2.99 €
Lettuce (1 head) 1.48 €
Loaf of Fresh White Bread (500g) 1.99 €
Local Cheese (1kg) 11.80 €
Milk (regular), (1 liter) 1.13 €
Onion (1kg) 1.59 €
Oranges (1kg) 2.03 €
Cigarettes 20 Pack (Marlboro) 8.10 €
Potato (1kg) 1.59 €
Rice (white), (1kg) 2.42 €
Tomato (1kg) 2.32 €
Water (1.5 liter bottle) 0.59 €
Imported Beer (0.33 liter bottle) 1.83 €
Transportation
Gasoline (1 liter) 1.94 €
Monthly Pass (Regular Price) 90.00 €
One-way Ticket (Local Transport) 3.05 €
Taxi 1hour Waiting (Normal Tariff) 27.50 €
Taxi Start (Normal Tariff) 4.50 €
Taxi 1km (Normal Tariff) 2.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30 333.33 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 928.70 €
Apartment (1 bedroom) Outside of Centre 669.09 €
Apartment (3 bedrooms) in City Centre 1 740.88 €
Apartment (3 bedrooms) Outside of Centre 1 188.33 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 27.48 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 285.92 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 42.34 €
Sports And Leisure
Cinema, International Release, 1 Seat 12.00 €
Fitness Club, Monthly Fee for 1 Adult 27.50 €
Tennis Court Rent (1 Hour on Weekend) 22.88 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 73.31 €
1 Pair of Men Leather Business Shoes 90.50 €
1 Pair of Nike Running Shoes (Mid-Range) 77.10 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.21 €
Childcare
International Primary School, Yearly for 1 Child 11 600.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 689.00 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 5 182.14 €
Price per Square Meter to Buy Apartment Outside of Centre 3 729.17 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 2 686.19 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.80 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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Seller
Igor Siebert CEO

EW Real Estate

Languages: english, german
Contact seller
Messengers: