PANDION 5 FREUNDE in Cologne

Name: Sales in PANDION 5 FREUNDE started!
Start: 2021-07-21T14:00:33.811634+00:00
End: 2023-12-31T23:59:59+0000
Location: PANDION 5 FREUNDE

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Project info

Object ID: 13050

Finished at	July 2021
Price, m²	From 14100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 46.00 m²
Floors	5
Apartments	129
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

648,600$

Net profit

6,783$

Payback period

71.9 years

Avg property value increase per year

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About the project

Cologne has it: the districts with that special charm. Without a doubt, Ehrenfeld can be mentioned in the same breath as the most desirable neighborhoods in the city. Anyone who has strolled through the streets here will immediately understand why this is so. Live here? A dream that nobody has to stay. Because in the middle of Cologne-Ehrenfeld a new quarter with high quality of living is being built: the Ehrenveedel. Spacious, comfortable, right in the middle. Here, where life happens, PANDiON develops new, attractive living space in timeless, modern architecture: PANDiON FIVE FRIENDS. Experience the typical Cologne feeling of community without having to forego privacy and personal comfort.

PANDiON FÜNF FREUNDE is part of the Ehrenveedel, which actively enhances Ehrenfeld with a well thought-out mixture of residential, office and commercial space, gastronomy and culture and at the same time blends harmoniously into existing structures. Ehrenfeld looks forward to seeing you! We warmly welcome you to the PANDiON FIVE FRIENDS.

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