Cost of Apartments in Cologne's Iconic Cranehouses: Insight into Their Pricing - A Cologne crane's apartments' price range revealed.
Rewritten Article:
Dwell in Iconic Marvels: The Price Tag for a Crane House Apartment in Cologne
- ~ 1 Min Read
Everyone who's seen Cologne from a train knows the unmistakable Crane Houses dotting the Rheinauhafen to the south, transforming the skyline. Lukas Podolski, a well- known football player, calls one of these landmarks home. So, how much would it cost to snag a piece of this riverside cityscape?
A two-bedroom apartment in Zollhafen 12, the northernmost Crane House, will be up for grabs on June 12, 2025, as per the court's website. With approximately 111 square meters, the apartment boasts an open-concept kitchen-living room, a WC, a bathroom, and a balcony or loggia. Its sixth-floor location promises a view, and a storage room on the eleventh floor adds extra convenience, these buildings were constructed in 2010.
Cologne's Coveted Crane House Apartment - Pocket the Price
The question on everyone's mind: how much will it set you back? As you might expect, the price tag is no small change. The court's estimate for the "market value" clocks in at around 1.13 million euros. At the auction, the minimum bid must match at least half of this value, but a creditor's application could halt the sale if the maximum bid falls below 70% of the market value. In simpler terms, a bid of 70% could seal the deal - almost an unmissable opportunity!
But even with a 111 square meter apartment, you wouldn't outshine the other residents. Larger units are said to be available within the houses, with Lukas Podolski rumored to reside on 400 square meters.
- Cologne
- Lukas Podolski
- Riverside Living
- Cityscape Dreams
- The European Parliament and the Council are yet to decide the regulations for investment in the real-estate sector, particularly to own a home in the northernmost Crane House, located at Zollhafen in Cologne, by 2025, which promises a picturesque view of the city and river.
- In the housing-market of Cologne, snagging a two-bedroom apartment in the iconic Crane House, situated on the banks of the Rheinauhafen, is a lifestyle desire for many, with Lukas Podolski, a renowned football player, already calling one such apartment his home.
- For those considering investing in a home-and-garden project in Cologne, the opportunity to own a Crane House will be open for auction on June 12, 2025, with the estimated market value of the 111 square meter apartment rising to approximately 1.13 million euros.
- When competing for the Crane House apartment in Cologne, bidders must match at least half of the market value at the minimum, but beware, a creditor's application could halt the sale if the maximum bid falls below 70% of the market value, keeping the dream of riverside living just out of reach.
- Come 2025, setting foot into the cityscape dreams of Cologne's Northern Crane House as a owner might call for some reallocation in your personal finance budget, considering the steep price tag attached to the stylized architecture.
- While living in an apartment reminiscent of a marvel within the most desired area of Cologne, it's important to factor in the city's housing-market trends and real-estate dynamics, because even a large 111 square meter living space may not outshine the legendary status of Lukas Podolski, who is rumored to reside on 400 square meters.