Ehrenfeldgürtel 2 in Cologne

Name: Sales in Ehrenfeldgürtel 2 started!
Start: 2021-07-22T13:42:16.044246+00:00
End: 2023-12-31T23:59:59+0000
Location: Ehrenfeldgürtel 2

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Construction

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Project info

Object ID: 13080

Finished at	August 2023
Price, m²	From 7540$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	6
Apartments	39
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

437,320$

Net profit

7,229$

Payback period

46.1 years

Avg property value increase per year

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About the project

In the building structure, all elements come together to form a coherent unit: soft curves towards the front and clear edges towards the rear characterize the architectural language. Large window fronts give the house a lot of light and lightness despite the monolithic construction.

The entrance area to the Ehrenfeldgürtel is also laid out over two floors and thus creates a feeling of size and space. Daylight can enter the entrance area through the window above the door and create a friendly atmosphere in which you quickly feel welcome. The contrasting interplay of material, shape and style of the facade continues inside the stairwell: dark concrete surfaces alternate with white plaster and copper-colored pendant lights add metallic accents. You can also reach your apartment completely barrier-free directly from the entrance area with the double-door elevator.