Flat for sale 3+1 • 70 m² without real estateKöln Innenstadt Nordrhein-Westfalen 50674

BETONGOLD AT ITS FINEST

The bright, south-facing 3-room apartment with balcony is located in a central city setting, right next to the City Garden on the Veedel-Meile of the Belgian Quarter. It is situated on the 2nd floor of a multi-family building from the 1960s that was renovated/modernized in 2006 to new-building quality and expanded with a new additional floor as well as a rear courtyard extension.

The sale is being made directly by the owner. The owner has tailored the apartment as a custom-made unit with timeless design and optimal spatial ergonomics. It features two bedrooms with balcony access, an open kitchen, a large bathroom with a tub/dushtub, and high-quality finishes including an elevator and a storage cellar. This ideally configured unit perfectly meets the highest and most affluent demand in the sustainably scarce Cologne real estate market and remains on trend in every respect.

Even back then, the utmost attention was paid to quality, insulation, and energy efficiency. As a result, today you benefit, for example, from very low service charges with minimal heating/hot water costs (a record-low €0.74 per m²).

The apartment is handed over in its contemporary, well-maintained condition (with no backlog in renovations or modernization) along with a tenancy that has been running smoothly for 11 years. In the event of owner-occupancy, the rental contract can be terminated at any time within the legal notice period.

The best part: The ideal 3-room layout combined with top-notch features guarantees sustainably rising demand and optimal value creation potential. At the same time, the apartment essentially pays for itself for investors in the top tax bracket through rental income and tax advantages from the start. The graduated rental contract automatically enhances the yields on an annual basis. Plus, purchasing directly from the owner saves you broker fees amounting to €20,000.00. This is how retirement provision and wealth building are done at their best!

In short – you’ll hardly find a comparable offering in the Belgian Quarter, or in a similar top Cologne location or any German mega-city! Look forward to an outstanding price-performance ratio and the future-proof demand of the globally unique Kölsch City Lifestyle.

KÖLN AT YOUR FEET

You are situated in the heart of the Belgian Quarter, one of the trendiest and most desirable neighborhoods of the cathedral city. In just twenty steps, you’ll reach the City Garden, enjoying an expansive park and one of Cologne’s most popular beer gardens.

At the same time, you are positioned on the local promenade and shopping avenue. Urban life awaits right outside your door with the highest density of shops, cafés, local pubs, trendy bars, clubs, and restaurants. However, you need not worry about the bustle of street life. Venloer Straße, with its single-lane traffic and many red lights, is relatively quiet. Additionally, the two bedroom/office/children’s rooms face the quiet inner courtyard.

Central S-/U- and train connections at Hans-Böckler- or Friesenplatz, the green belt, Ehrenstraße, the Friesenviertel, the “Quartier Lateng” and the pedestrian shopping area are all within a few minutes’ walk. Direct traffic and highway connections radiate in every direction like spokes. The main train station is only one stop away. The rest of the city, most cultural institutions, and the university are easily reached on foot, by bicycle, or via public transport in a short time.

In short – Cologne bows at your feet, as does the highest and most affluent demand.

TIMELESS & FUTURE-PROOF

+ Contemporary, well-maintained 3-room apartment with balcony and ideal spatial ergonomics

+ No backlog of renovations or modernizations, with simultaneously healthy reserves

+ Despite being in the city, the apartment is comparatively quiet (the bedroom faces a completely renovated, fully enclosed, and peaceful inner courtyard)

+ 6 m² balcony finished in solid wood facing the inner courtyard

+ Bedroom and office/children’s room with direct balcony access

+ Both balcony accesses feature double French doors

+ Open kitchen with a solid construction counter

+ High-quality real wood parquet flooring

+ Large, high-quality bathroom featuring a bathtub/shower with a walk-in shower and towel radiator

+ Premium branded sanitary fittings and bathroom accessories (e.g., Duravit Starck, Hansgrohe)

+ Water softening system (currently being installed)

+ Smoothly plastered walls

+ Ceiling height of 2.50 m

+ Approximately 5 m² cellar storage compartment

+ Comprehensive renovation/modernization in 2006, with new-build quality reconstruction of the units and renewal of:

  - Windows (in the rear building)

  - Gas central heating

  - Elevator

  - Staircase

  - Doorbell/intercom system

  - Facade refurbishment

  - Additional floor construction

  - Building insulation

  - Roof

+ NO BROKERAGE FEE – direct purchase from the owner

(CO2-)FUTURE-PROOF

+ Very low heating/hot water costs (thanks to new-build quality and excellent insulation) of only €0.74 per m² per month

+ Low building energy consumption of only 116.8 kWh/(m²·a)

+ CO2 future-proof due to Energy Performance Certificate Class D (= well renovated and not subject to renewal under the Building Energy Act)

+ Extremely low service charge of just €3.21 per m² per month

+ A proven, intact, and well-organized homeowners’ association in place since 2006

+ Thanks to the prime location, excellent condition, superior equipment, ideal 3-room layout, inner courtyard balcony, low additional costs/service charge, and CO2 future-proof credentials…

  => … the highest, sustainably rising demand for both rentals and sales!

  => … very good to optimal rental income and value development potential!

AVAILABLE FOR OWNER-USERS

The rental contract can be terminated within the legal notice period if the property is needed for personal use.

TOP INVESTMENT FOR CAPITAL INVESTORS

+ A unique offering package (location, property, apartment, equipment, rental contract, homeowners’ association, future-proof credentials)

+ Outstanding price-performance ratio for a prime property: it essentially pays for itself for capital investors in the highest tax bracket through rental income and tax advantages.

+ The highest “Betongold security” amid increasingly uncertain stock/financial markets and geopolitical risks

  => Secure, passive income and wealth building at its best!

= A very rare—if not unique—and maximally future-proof top investment in a prime inner-city location!

PLEASE PROVIDE INFORMATION ABOUT YOURSELF AND YOUR FINANCING

NOTE: Only inquiries that include a brief introduction of yourself and your financing as well as a telephone number will be processed.