Lukinski
Cologne: Buy, rent & sell real estate
Immobilien kaufen, vermieten und verkaufen in Köln – Köln liegt in NRW, der größten Wirtschaftsregionen in ganz Europa. Dementsprechend zieht es fast 20 Millionen Menschen, die im Einzugsgebiet leben, in die großen Städte Köln und Düsseldorf.
Köln selbst ist vor allem bekannt für seine Medienindustrie, hier sitzen einige der größten deutschen privat Fernsehsender. Dazu kommen noch viele andere Medien-treibende Unternehmen, Radiostationen, Marketingagenturen und es gibt große Events, von Sportevents, über den legendären Kölner Karneval, bis hin zur Kölner Messestadt. Über 1 Million Einwohner, ein Einzugsgebiet von x20 und eine fluorierende Wirtschaft.
Gleichzeitig ist der Immobilienbestand in Köln relativ “einfach” und nicht wirklich modern. Das bringt allerdings eine Win-Win-Situation, die es selten gibt. Verkäufer von Wohnungen, Häusern und Grundstücken können gute Verkaufspreise erzielen und gleichzeitig, können Käufer mit relativ hohen Renditen kalkulieren, durch den großen Wirtschaftsraum um Köln und insbesondere im Norden, ganz NRW.
Unser Vorteil? Ein Partner, großes Netzwerk für Immobilien in Deutschland. Mehr über unsere Immobilienmakler. Kaufen, bauen, vermieten, verkaufen, Gesetze, Steuern & Co. – Willkommen in Köln.
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Owner, Stephan M. Czaja
Lukinski
Buy in Cologne
More and more people are deciding to buy real estate in Cologne. Whether it’s a house or a condominium, purchase prices have risen significantly in recent years. Many buyers are also turning to real estate as an investment and investment or buy plots of land and build new.
On the topic of buying in Cologne, there is more to come. Here is an overview with further information and tips.
- Buy real estate
- Buy an apartment
- Buy a house
- Buy an apartment building
- Buy a villa
- Buy a holiday home
- Buy a plot
- Off Market
Sell in Cologne
Are you planning to sell your house in Cologne or the sale of your apartment? We show you why now is a good time! Anyone who owns a condominium or a house in Cologne and its districts and wants to sell the property should take advantage of the currently favorable timing. In this article, you will learn everything about the process, the most important tips, and the different districts and areas of the million-city Cologne.
Do you want to sell your property in Cologne? More information follows after the buyer tips. Further articles and tips can be found here.
Cologne: City, Map and Location
Cologne – The media metropolis on the Rhine is one of the key points in NRW, as well as in Germany, with over 1 million inhabitants. Located in western Germany, the city borders other urban areas such as Dusseldorf and Bonn. The media city is directly located on the Rhine and can be divided into different parts and districts. Neighboring cities include, among others, Dusseldorf, Bonn or Leverkusen.
Due to the good economic situation, good infrastructure and increasing relevance as a media city, more and more people are moving to Cologne. For about 10 years, housing prices have been continuously rising. Naturally, the areas around the city center and the inner city ring are particularly popular. Cologne is extremely interesting as an economic location due to its proximity to large cities such as Bonn and Dusseldorf. Likewise, the media city serves the entire NRW and Frankfurt catchment area. Accordingly, international companies, such as in the Südstadt district, are settling here. Another advantage for Cologne as a real estate location for you, as a potential investor.
If you decide on a house or an apartment in Cologne, the differentiation of the different locations is quite simple. You should still remember: the more central, the better.
Facts about Cologne:
- Population: 1,087,863
- Avg. income: 21,608 €
- Comparison Germany: 47,928 €
- Area: 405.02 km²
- Neighborhoods: 86
- Features: Media centre of Germany
Neighborhoods in Cologne
Popular neighborhoods in Cologne are:
Cologne at a Glance: City Area
Cologne is a city in the federal state of North Rhine-Westphalia and can be found in the west of the country. The metropolis is directly located on the Rhine and is about 1.5 hours from the Dutch border. The city has an area of 405 km² and is divided into several districts.
Cologne in North Rhine-Westphalia:
Cologne City Center and City Area:
Buy in Cologne
Anyone moving to Cologne or looking for a stable real estate investment needs a good advisor. It’s about researching properties with suitable parameters, from the plot to the building structure. Then it continues with viewings, negotiations, and of course everything around the purchase contract and the real estate agent.
Cologne feels like it has two sides. On one side lies the inner city of Cologne, on the other side of the Rhine are districts like Deutz and Mühlheim. Plots on the inner city side are more desirable, while the other side offers cheaper purchase prices, but is also less attractive for tenants and resale.
If you take a small tour through the city and take your time for each individual property, you will quickly see that especially in the 70s, buildings were erected quickly. Some areas are modern, for example the path from Cologne Cathedral to the Mediapark (previously the headquarters of major media companies).
Real Estate for sale:
- Buy real estate
- Buy an apartment
- Buy a house
- Buy an apartment building
- Buy a villa
- Buy a holiday home
- Buy a plot
- Off Market
Investing in Cologne: Prices and Returns
With its proximity to Düsseldorf, Frankfurt, but also its relative closeness to Paris and Hamburg, Cologne is very attractive. So attractive, in fact, that it now ranks second in recommendations for capital investments in real estate, particularly interesting in terms of its value increase for existing properties, but also for new constructions.
Real Estate Inventory in Cologne:
- Number of residential buildings in Cologne – 137,773
- Number of single-family homes in Cologne – 68,965
- Number of apartments in Cologne – 558,000
- Apartment inventory in the inner city of Cologne – 81,335
- Number of completed apartments in residential and non-residential buildings in Cologne – 3,923
- Vacancy rate for apartments in Cologne – 1%
Not only because of the booming economy is the Rhine metropolis becoming increasingly interesting for investors and home seekers, but also due to the diverse real estate market. In the ranking of the most expensive cities, Cologne does not even appear. Rents are (still) relatively affordable, with Cologne even lagging behind Berlin.
The city itself suffered greatly during World War II, so the real estate structure also differs from that of other cities. The advantage here is that there is still a lot of potential for investors and investors. Here is a first, leading look at the Cologne real estate market.
Read more here:
Architecture, Lawyers and Interior Design
Cologne has many renowned architects, lawyers, and stores for the interior design of your real estate.
Sell in Cologne
For Seller, the real estate market is currently particularly favorable. Because the demand for houses and condominiums has reached a record level. Especially Cologne and its surroundings are becoming increasingly popular and the influx is increasing. Accordingly, the demand is also very high.
Another reason why now is a good time to sell your property is the rising housing shortage in major cities. The demand for real estate in urban areas is currently very high. This is due to the fact that more and more people are moving their workplaces to cities. In addition, the influx from abroad is currently particularly high due to the shortage of skilled workers in some industries. Single-households are therefore in high demand, which is why it pays off in cities to sell smaller apartments.
However, for a successful and profitable sale of a property, it is first and foremost essential to have a thorough and realistic valuation. This ultimately determines the asking price. In the next step, real estate agents bring your property to solvent interested parties.
Sell your property:
Real Estate Value in Cologne
Whether the demand for a single-family home in cities will continue in the future, forecasts and
In preferred locations such as the Hahnwald, one can already demand an average of 4,900€ per km². However, prices vary in different areas and differ depending on the location. If you want to sell a property, an inspection by appraisers and experts is advisable.
Real estate agencies assess the value of your condominium or the house if you hire an agent to sell your property. Once your property is listed, you should prepare for viewings, that is, for sales negotiations. Be prepared for the fact that every buyer will try to negotiate the price down. You therefore need good arguments to counter this. Or you can engage an experienced professional to support you in this process.
Living in Cologne
With its geographical proximity to financial metropolis Frankfurt and fashion capital Düsseldorf, Cologne has become a home for many in business and media. Cologne is considered particularly modern, individual and up-and-coming. While more and more clubs, bars or galleries for young adults and students are opening in some districts, the quiet and affluent areas on the city outskirts are also expanding. In Cologne, you will be offered a large selection of real estate in various locations.
Cologne’s Cathedral and city center on a tour:
Living in Cologne: City, Mediapark and Rheinauhafen
Cologne stands out as the city in Germany most associated with media, TV and press. That’s why the Rhine metropolis is constantly growing. Südstadt, Altstadt, Ringe, Ehrenfeld or Sülz – where is it best to live?
Hardly any other large city in Germany offers so much “room to grow”. From purchase prices to the architecture of existing properties. Whether condominium, apartment building or luxurious loft with a view of the Rhine. Cologne has been steadily increasing in popularity for years. The most beautiful city on the Rhine really has something to offer for everyone. Impressive are especially the grand old buildings in Südstadt and the well-known area around the Rheinauhafen.
Cologne offers different districts for different age groups:
- Altstadt Nord & Süd: Business professionals
- Rodenkirchen: Quiet and secluded
- Neustadt: Rather young people, students
- Hahnwald: Quiet, affluent
- Lindenthal: Close to the city and quiet
- Pulheim: Safety and villas
- Quick access to the city center
- Near nature and park areas
- …
Tips:
- Square meter price Cologne
- Currently: Weather in Cologne
The million city not only attracts thousands of visitors during carnival but also more and more people decide to buy an apartment or a house in the versatile metropolis. Cultural diversity, openness, and affordable prices make the city in North Rhine-Westphalia very popular. Whether it’s Hamburg, Frankfurt a.M., or Munich, the German big cities have a lot to offer. What Germany still has to offer, we reveal to you here.
Real Estate Market Germany
Germany has become a popular place to live for people from all over the world in recent years. Safety, infrastructure, a wide cultural offering, a central location in Europe, and attractive housing attract families, couples, singles, and students to the big and small cities of this economically strong country. The most popular cities for living, besides Cologne, are especially Berlin, Hamburg, Munich, Dusseldorf, and Frankfurt am Main.
Read more:
Here are two more interesting top 10 rankings, based on purchase price and rent price:
Düsseldorf: Investing in NRW
Düsseldorf stands for luxury, shopping, and an internationally oriented local economy. High-fashion companies are based here, as well as the state government of NRW. Therefore, the Düsseldorf real estate market is highly sought after. As you will see later, Düsseldorf is currently the city with the greatest potential for investors, followed by Frankfurt and Cologne. Especially NRW is gaining favor among buyers due to its central, European location, fashion, culture, and architecture.
The big city in North Rhine-Westphalia is currently experiencing strong population growth. As a result, real estate available for purchase is popular and you can achieve a good or very good purchase price.
Buying and selling real estate in Düsseldorf:
Frankfurt am Main: Only 1:15 h away
The rents and purchase prices for real estate in Frankfurt am Main are among the highest in all of Germany. The price per square meter in the city center of Frankfurt is naturally often quite different from that in the surrounding districts. Particularly in the city center and in the districts along the Main River, prices for real estate purchases are very high. This high price level has already affected the outer city boundaries and the surrounding areas.
As is the case elsewhere in Germany, the general demand for single-family homes is especially high for Frankfurt am Main and its surroundings. In contrast, the official urban planning in Mainhatten focuses clearly on the construction of multi-family homes or the designation of corresponding residential areas. The “green sauce” of widely laid-out single-family home developments will remain the exception – probably also due to the lack of buildable land.
Buying and selling real estate in Frankfurt am Main:
Investment: Real Estate in Germany
Discover more interesting major cities in Germany:
Tip! Our article for investors buying in Germany for the first time:
