Move in immediately or invest capital: Unique penthouse-style apartment with skyline view

This ready-to-occupy, modern 3-room apartment on the top floor offers the flair of a penthouse and a breathtaking, unobstructed view over Cologne. The building, built in 1975, is currently undergoing extensive energy and visual modernization, including the roof, façade and balconies, the costs of which have already been covered by the owner and will be completed by the end of the year, according to the property management. An elevator in the building and a cellar room in the apartment provide additional convenience.

The apartment itself, with around 70 m² of living space, was also extensively renovated in 2024 and boasts high-quality fixtures and fittings:

* Elegant parquet flooring
* Light-colored tiles in the bathroom
* High-quality Grohe fittings
* New, modern doors

The special feature of the apartment is an unrestricted panoramic view to the south and to the bedroom and study towards the sunset. From the south-facing balcony you can see Cologne's city center in all its glory, including Cologne Cathedral, of course. The house is surrounded by greenery and tranquillity and invites you to relax. Another highlight for those who see the apartment as a long-term investment: The immediate neighborhood is undergoing major development; a remarkable number of buildings in the neighborhood have been and are being modernized, which adds tremendous value to the location.

The apartment is vacant and ready for immediate occupancy, making it ideal for owner-occupation or as an investment, e.g. for renting out to desired tenants and a potential yield of up to 5%. Cologne is a very attractive and popular investment location due to the continuing growth forecast and still moderate real estate prices compared to other major German cities. With our extensive market and letting expertise in Cologne, we are happy to help with new lettings.

The building has an elevator, but is not completely barrier-free due to a small section of a few steps.

The monthly house rent is around € 380, but will be reduced by € 100 per month over the next two years through a subsidy, so that the effective charge is currently around € 280. The reserves are also included here. This apartment combines modern, urban living with a stylish ambience and an impressive view.

The apartment offers a first-class combination of urban flair and quiet retreats - perfect for anyone looking for the best of both worlds.

An unobstructed view over the rooftops of Cologne awaits you from the balcony and ensures a light-flooded start to the day.

Situated in the popular Neuehrenfeld district, the location combines vibrant city life with a relaxed and creative environment.

The surrounding area is undergoing modernization and is becoming increasingly attractive - an excellent prospect for future investments.

The local transport connections could hardly be better:
The S-Bahn runs right outside the door and takes you quickly to all parts of Cologne. The connection to main roads also makes it easy to use your car and other means of transport. Due to several buildings in between, you won't hear much of the noise of the traffic and can enjoy a lot of peace and quiet.

In Neuehrenfeld you will find lively shopping streets, numerous cafés and restaurants as well as a colorful leisure landscape. The nearby parks invite you to relax and linger in nature.