Flat for sale 3+1 • 65 m² without real estateKöln Innenstadt Nordrhein-Westfalen 50676

This apartment combines the lifestyle of Altstadt-Süd with predominantly modernized features and a direct parking location. An inviting living atmosphere makes it interesting for both owner-occupiers and investors. With 65 m² of living space, a practical layout, and a loggia overlooking greenery, it is a place where one quickly feels at home.

The building was constructed in 1965 and is managed by a professional property management company supported by an engaged advisory board. The apartment itself was comprehensively renovated and modernized in 2020. Pantaleonstraße is located in Altstadt-Süd, an established residential area in the heart of Cologne.

Here, primarily residents who appreciate the central location and excellent connections live. Südstadt, Barbarossaplatz, Neumarkt, Heumarkt, and the Altstadt—with all their cultural and culinary offerings—are easily accessible on foot. The Poststraße tram stop is just 2 minutes away. By car, you can reach the motorway in just two minutes, allowing quick access to areas outside the city—a clear advantage for anyone who wants to live centrally while remaining mobile.

Directly behind the building, the Max-Dietlein-Park begins—a small, green retreat right in the middle of the city. The apartment is located on the 1st floor of a six-unit building that is part of a complex consisting of a total of 4 houses.

On its 65 m², there are three well-proportioned rooms, a separate kitchen (owned by the tenants), a modern bathroom, and a loggia. The apartment also includes a large basement storage room, a bicycle storage room, as well as shared laundry and drying rooms in the basement.

The modernization took place in 2020. During this renovation:

- a new bathroom with large-format tiles and a concealed cistern toilet was installed,

- the electrical system including the fuse box was renewed,

- the floor was evened out and covered with practical vinyl in a light wood look,

- walls and ceilings were finished with fine plaster.

These measures contribute to a well-kept, harmonious overall impression. The windows were already replaced in 2012 and are double-glazed.

BUILDING NOTES

The complex is continuously maintained – repairs or replacements are carried out as needed. In recent years, among other things, the gate to the inner courtyard (with remote control) and part of the water pipes have been renewed. The central heating system has been modernized, making heating more efficient.

The energy certificate from 2014 shows an energy consumption index of 128 kWh/(m²·a) (district heating, including central hot water) and is therefore in the green range. However, the hot water in the offered apartment is provided by electric instant water heaters.

FINANCIAL DATA

The apartment is currently rented to two reliable female tenants who keep it very well maintained. The monthly cold rent is €980.00 and has not been increased in the past 5 years. The monthly service charge is €416.10 (including a €40.00 reserve), of which around €300.00 is allocable. From January 2026, the service charge will rise to €443.36. The central location ensures excellent rental appeal.

PURCHASE PRICE AND SALES PROCESS

The stated purchase price of €374,000 is an indicative figure. We would like to give several interested parties the opportunity to submit an offer – the property will be sold to the best bid.

I will conduct the viewings and preliminary discussions on behalf of my parents, who are the owners of the apartment. I support them in selecting interested parties and provide a recommendation. The final decision on the sale is made by my parents. The owner reserves the right to accept or reject any offer. The sale becomes legally binding only with the notarized certification of the purchase contract.

NO COMMISSION

The sale is commission-free directly from the owner.

OWNER-OCCUPIER

To the best of our knowledge, a future owner can, in accordance with Section 573c of the German Civil Code (BGB), claim owner-occupier use as soon as the land register entry is made. In this case, a notice period of six months applies, as the lease agreement has existed for more than five years. Please verify this for your specific case or obtain legal advice accordingly.

INTERESTED PARTIES / VIEWINGS

Please understand that we wish to reserve the tenants’ time only for truly interested buyers. Viewings are therefore only possible with prospective buyers who can provide financing confirmation or proof of capital.