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1 300 000 €
1 300 000 €
| Business expenses | |
|---|---|
| Not included in the price | |
| Commission fee | 3.57 % |
| Tax | 6.5 % |
| Notary Services | 1 % |
| Other expenses | 0.5 % |
We present to your attention an apartment house located in Cologne (land — North Rhine-Westphalia).
The object built in 1895 consists of 4 apartments, three of which are two-bedroom with an area of 55 sq.m. and one multi-level three-bedroom with an area of about 80 sq.m.
Each apartment has a separate basement and parking.
The house is an architectural monument of the 19th century and is subject to protection.
Since 2008, all facades, drains, windows have been repaired in the house, the interior plaster has been repaired, the entrance has been painted, and the basement has been insulated from the outside. All apartments are in excellent condition and do not need repair for at least the next 10 years.
Heating of each apartment is carried out by recuperative gas columns, which have also been updated over the past 8 years.
The current annual income is 33,603 euros.
At the same time, at the moment 2 apartments and three parking spaces are rented much lower than the market price (old tenants).
The house can be purchased as a whole, or each apartment separately
The cost of the house in full is 1,300,000 euros
Rental income — 33,603 euros/year
Profitability — 2.58%
The cost of 2-room apartments is 275,000 euros for each
Rental income — from 6,000 to 7,566 euros/year
Profitability — from 2.18% to 2.75%
The cost of a 3-room apartment is 475,000 euros
Rental income — 11,940 euros/year
Profitability — 2.51%
Cologne is a city in the Federal Republic of Germany, in the state of North Rhine-Westphalia. The million-strong city of Cologne is the fourth most populous and third largest city in Germany, as well as one of the largest economic and cultural centers of the country. In addition, Cologne is the largest center of the 10-million-strong upper agglomeration of the Rhineland-Ruhr region and the center of the 2-million-strong monocentric agglomeration. The "Metropolis on the Rhine", as Cologne is often called, is one of the oldest cities in Germany, which has played a significant role in the history of Europe throughout its existence, since the Roman era. Cologne is famous for its main temple — Cologne Cathedral, one of the main Catholic churches in Germany. Cologne has long been one of the largest transport centers in Europe. This is due not least to its geographical location at the intersection of trade routes from Germany and Eastern European countries to France and England on the one hand; and also the waterway along the Rhine from the North Sea inland. It is no coincidence that the Hansa was founded in Cologne. Cologne is home to Germany's largest university with 44,000 students. The city also has an international airport, with more than 6 million passengers passing through it annually.
If you are interested in this and other objects, you can submit a request. The employees of our company will contact you in the near future and will provide you with the objects corresponding to your request.
Do not miss the opportunity to purchase an apartment house or apartment in Cologne!
