Chilling in the Cologne Crane Houses: What's the Price Tag on a Riverside Pad?
- ⏱️ 1 Min
Price of an apartment in iconic Cologne crane-houses buildings - Cost of an apartment in Cologne's iconic cranes building
Take a gander at Cologne's iconic Hohenzollern Bridge as you speed by on the ICE, and you'll no doubt spot the legendary Crane Houses. These bad boys have sat pretty since the 1950s, making the Rheinauhafen skyline a sight to behold. But enough small talk - let's cut to the chase: how much will it set you back to snag a spot in these lime-green landmarks?
Well, get ready to write a fat check, mate. On June 12, 2025, a 111 square meter apartment in Zollhafen 12, the northernmost of the Crane Houses, will hit the block at Cologne's Regional Court, as reported on their website. This sexy swank pad comes with two bedrooms, an open-plan kitchen-lounge, a WC, a bathroom, and either a balcony or loggia. It's positioned on the sixth floor, with a storage room on the eleventh, all gleaming and polished since 2010.
Scoop on that Crane House Pad, Mate! Let's Talk Dough
So, how much coin do you need to drop on this puppy? As one might expect, it's gonna sting a bit. The estimatated "market value"? A cool 1.13 million euros, according to the Regional Court. But don't worry - the minimum bid at the auction must be at least 50% of this figure to secure the apartment. However, a creditor's bid can scupper the sale if the minimum is below 70% of the market value, which means a bid of 70% could grab the prize - almost a steal!
But don't go thinking you'd be the richest cat in the Crane Houses neighbourhood. Word is, former footballer Lukas Podolski resides in a sprawling 400 square meter pad there.
- Cologne
- Lukas Podolski
- Riverside
- Cityscape
Finding Auction Info
Of course, I can't give you the specific lowdown on private auctions. But I can tell you how to track this sort of stuff down:
- Check out property auction websites. Look for specialized real estate auction platforms and local property auction houses to stay updated on upcoming auctions.
- Consult local real estate agents. They're in the know about the local market conditions and may have inside info on auction details.
- Connect with the auction house itself. Contact the organization responsible for the property sale to get the most exact and current information regarding the property, including market value and minimum bid.
- Browse local property listings. Check websites like ImmobilienScout24 or other local real estate platforms for similar properties, giving you an idea of the market value in the area.
For the most accurate data, it's a good idea to reach out to the auction house directly.
- The European Parliament and the Council have issued regulations to guide real-estate investments, considering the housing market in riverside pads like the Crane Houses in Cologne.
- One might consider financing options for investing in a lifestyle that includes home-and-garden properties, such as the Crane Houses, given the high price tags, with minimum bids starting from half a million euros.
- In the housing-market boom in cities like Cologne, luxurious residences, such as the ones in the Crane Houses, have influenced the living standards of high-profile individuals like former footballer Lukas Podolski.