Garage for sale without real estateZiegeleiweg 28 Köln Westhoven Nordrhein-Westfalen 51149

I offer a rented parking space in the South Garage of Wohnpark Westhoven, accessed via Ziegeleiweg, 51149 Cologne-Westhoven, for sale. The parking space is located near the entrance to house no. 28.

The parking space is currently rented for €59 per month. No separate operating cost statement is provided to the tenant. This corresponds, based on the purchase price and excluding purchase-related costs, to a gross rental yield of approximately 7.1% per annum.

The monthly service charge is currently €25 and will increase to €29 starting in January. The increase is mainly due to a higher contribution towards the maintenance reserve.

Access is at ground level without a ramp, via a rolling door. The garage is lit and, thanks to its partly open design, is comparatively bright. According to the layout plan, South Garage includes 160 parking spaces.

Wohnpark Westhoven—the parking space has its own land register entry and is part of the large, established Wohnpark Westhoven with over 500 apartments and more than 500 parking spaces. It is located on Ziegeleiweg in the smaller, ground-level garage.

The residential complex also has its own website and can be easily researched online in advance. Anyone wishing to get an initial impression can, of course, also visit the residential complex and the entrance via Ziegeleiweg on site.

From an economic perspective, a parking space is only partially comparable to a rented apartment: typical apartment-related expenses such as painting, flooring, bathroom renovations, or refurbishments upon a tenant change do not occur with a parking space! Measures related to communal property (e.g. lighting, markings) are organized through the condominium owners’ association; among other things, the maintenance reserve is funded for this purpose.

For investors, a parking space is only partially comparable to a rented apartment: typical renovation expenses incurred during a tenant change do not apply.

The renovation of the underground garage’s ceiling joints has been completed. The refurbishment costs amounted to approximately €2,500 per parking space and are already financed. As of January 1, 2026, the underground garage had total reserves of around €307,000, including the existing special refurbishment reserve.

Further development of the facility, particularly regarding charging infrastructure/e-mobility, is also being addressed within the condominium owners’ association.

If you have serious interest in purchasing, I will gladly provide the available condominium documents and protocols.

Private sale and commission-free. All information is provided to the best of my knowledge and belief.