PANDION NEUN FREUNDE in Cologne

Name: Sales in PANDION NEUN FREUNDE started!
Start: 2021-07-21T13:08:07.587011+00:00
End: 2023-12-31T23:59:59+0000
Location: PANDION NEUN FREUNDE

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Project info

Object ID: 13045

Finished at	March 2023
Price, m²	From 11060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	5
Apartments	117
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

442,400$

Net profit

5,883$

Payback period

54.8 years

Avg property value increase per year

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About the project

Hardly any other city has so many quarters that simply enchant you. The places that have a special charm and an unmistakable character.

Here, in Ehrenfeld, one of the most popular districts of Cologne, a new quarter is being built with a mixture of living space, business, gastronomy and culture: the Ehrenveedel. Right in the middle, and yet spacious. Here you can enjoy convenience through short distances. This is where life happens - and PANDION develops new, attractive living space with high-quality architecture for you. Timeless, modern and in good neighborhood: PANDION NEUN FREUNDE is being created in close proximity to PANDION FÜNF FREUNDE. Experience the typical Cologne feeling of community and enjoy personal comfort and privacy at the same time.

Look forward to your new home at PANDION NEUN FREUNDE.

Developer

PANDION is an owner-managed real-estate company with its head office in Cologne As a family-run business that has been managed by Reinhold K…
Details about PANDION