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Dream apartment or investment opportunity: penthouse style with incomparable views

50825 Köln (Neuehrenfeld) – Nordrhein-Westfalen
375.000 €
3
Room
70 m²
Living Area
apartment
penthouse

This modern, ready-to-occupy 3-room apartment on the top floor combines the charm of a penthouse with a spectacular, unobstructed view over Cologne. The building, originally built in 1975, is currently undergoing extensive energy and visual modernization. The work on the roof, façade and balconies, which was financed entirely by the owner, should be completed by the end of the year, according to the property management. An elevator and a cellar room belonging to the apartment offer additional convenience.

The approx. 70 m² apartment was renovated to a high standard in 2024 and boasts first-class fixtures and fittings:

Noble parquet flooring
Timeless, light-colored bathroom tiles
High-quality Grohe fittings
New, stylish interior doors
A special highlight is the unobstructed panoramic view: Facing south, you can enjoy the impressive skyline of Cologne city center, including the cathedral, from the south-facing balcony, while the bedroom and study offer a view towards the sunset. Surrounded by green and peaceful outdoor areas, the house invites you to relax.

The location is also interesting for investors: Numerous modernization projects are currently taking place in the neighbourhood, which will add lasting value to the surrounding area. The apartment is ideal for personal use or as an investment, for example for renting out as a shared flat, with a potential yield of up to 5%. Cologne remains an attractive investment location due to its positive growth forecasts and comparatively moderate real estate prices. We are happy to support you with our expertise in letting.

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

The monthly house rent is around €378, but will be reduced by €100 per month over the next two years thanks to a subsidy, meaning that the effective charge is currently around €278, including reserves.

This apartment combines modern, urban living with stylish design and an incomparable view - a perfect home or investment.

Are you interested in this apartment?

Object Number
OM-321903
Object Class
apartment
Object Type
penthouse
Is occupied
Vacant
Handover from
immediately

Purchase price & additional costs

purchase price
375.000 €
Purchase additional costs
approx. 29,492 €
Total costs
approx. 404,492 €
HOA fee
278 €

Breakdown of Costs

Purchase price 375.000 €
Real estate transfer tax 24,375 € (6.50%)
Notary costs 3,380 € (0.90%)
Land register entry 1,738 € (0.46%)
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: 1,257€

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 3.03%

Details

Condition
first occupancy after renovation
Number of floors
7
Level
higher than 5th floor
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
parquet, tiles
Heating
central heating
Year of construction
2024
Equipment
balcony, basement, elevator
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 ready for immediate occupancy and will be handed over unfurnished so that you can realize your individual living ideas according to your taste. We are happy to offer you support with the design and furnishing on request. It is ideal for singles, couples or small families looking for a quiet yet central home.

For further information or to arrange a viewing appointment, please do not hesitate to contact us. We look forward to hearing from you!

Location

The apartment combines an urban lifestyle with relaxing retreats - ideal for anyone looking for the perfect balance between city life and tranquillity.

Enjoy an unobstructed view over the rooftops of Cologne from the balcony, which provides a light-flooded and inspiring start to the day.

Located in the sought-after Neuehrenfeld district, the surrounding area offers a unique blend of vibrant city culture and a relaxed, creative atmosphere.

The district is undergoing a dynamic modernization process, making it increasingly attractive - a promising advantage for future investments.

The transport links are excellent: the S-Bahn stops right outside the door and provides a fast connection to all parts of Cologne. You are also well connected by car thanks to the proximity to main roads. Despite the central location, the apartment remains pleasantly quiet thanks to the surrounding buildings and offers a relaxed quality of living.

Neuehrenfeld also boasts lively shopping streets, a diverse gastronomy scene and numerous leisure activities. The nearby parks offer additional recreation and invite you to spend relaxing hours in nature.

Location Check

Einkaufen
Sport
Medizin
Mobilität
Restaurants
Natur
Nachtleben
Kultur

Energy

Main energy source
gas

PDF

Miscellaneous

An underground parking space can be rented for approx. 80 € per month. The energy certificate will be presented to you at the viewing. Thanks to the extensive modernization measures, a significant improvement in energy efficiency can be expected.

All information has been compiled with the utmost care, but we assume no liability for its completeness and accuracy.

The sale is free of commission directly from the owner, which saves you considerable additional costs.

Estate agent inquiries are not welcome! Contact by estate agents without express consent is not permitted in accordance with § 7 UWG.

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

Send a message directly to the seller

Questions about this apartment? Show interest or arrange a viewing appointment?

Click here to send a message to the provider:

Offer from: Frau Balz