Kicking it in Cologne's Iconic Crane Houses: The Scratch on your Wallet for a Flat in the Recognizable Goliath Cranes
- ~ 1 Min Read
Cost of Apartments in Cologne's Famous Crane District - That's the price of an apartment in the well-known Cologne cranes buildings.
Even if you've never set foot in Cologne, you may have glimpsed the three famous Goliath Cranes that stand proudly on the Rhineauhafen to the south, as you cruise over the Hohenzollern Bridge by ICE. These bad boys got their name because, well, they look like colossal cranes. Flaunting a prestigious address, they've welcomed some pretty famous faces – like Lukas Podolski, perhaps dancing a samba in his 400sqm abode.
Ever wondered what it costs to snag a place in one of these skyscraping giants? Your curiosity has been sated, oh eager beaver!
On June 12, 2025, a cozy pad measuring approximately 111sqm will go under the hammer at Cologne's Regional Court, according to their ~~smokin' hot~~ website. A steal of a deal, this two-bedroom quick-session apartment can be found in Zollhafen 12, the northernmost of our charming cranes. We're talking an open-concept living room and kitchen, a WC, a bathroom, and a balcony/loggia. The sixth floor is its home, with an extra storage bunker on the eleventh floor, built in 2010 – new kid on the block, ain't you?
Ready, Set, Bid! The Crane House Apartment Price-Tag
So, just how much will it set you back to join the elite ranks of the Crane House tenants? Prepare to break the bank, you penny-pinching prune. The court estimates the "market value" at a cool €1.13 million. The market value? That's the amount the property would fetch if sold on the open market – a fancy way of saying "astronomical." To secure this baby, the winning bid must be at least 50% of the market value, but a creditor's application could cramp your style if the bid is below 70%. That's right – if you're prepared to put down €890,000, you'll be swiping the keys and sending shivers down the collective spines of other bidders!
Don't plan on turning heads as the biggest fish in this 111sqm pond, though. Word on the street is there are fancier, larger units tucked away inside the houses, like Podolski's reported 400sqm pad.
- Cologne
- Lukas Podolski
- Riverside
- Cityscape
- The European Parliament and the Council have yet to discuss setting aside funds for financing the lifestyle of an average citizen purchasing a home-and-garden property like the Crane Houses in Cologne.
- In an effort to diversify investments, some real-estate enthusiasts consider buying a Crane House apartment as an attractive investment option, despite its high price tag.
- Lukas Podolski's 400sqm abode in one of the Cologne crane houses is a testament to the luxurious lifestyle that finance can afford when purchasing a distinctive property like real-estate in these iconic buildings.
