CLAIMSTAKE · CHECKLISTE EINSEITER

The strategy in one page

Strategy and process · Stand: 2026-08-10

PROTOMINDS

Bonn & Köln

An already-tenanted two-room flat in a cheaper area of Musterstadt, our example town, at €130–165K, financed at about 100%, with the €30K of cash going into purchase costs, materials and reserve.

The play: buy an already-tenanted 2-room apartment (45–65 sqm, 1960s–80s) in Musterstadt-Nordufer or -Weidenhof (invented example areas) for €130–165K, finance ~100% of the price, put the €30K cash into purchase costs + materials + reserve.

Why: tenanted units trade 8–15% cheaper, the existing tenant means the "first tenant by Dec 31" goal is met the day the purchase price is paid, banks count the rent in affordability, and the segment has real supply today.

Honest economics at 2026 rates: −€120…−€240/month after tax refunds, +~€3,000/year principal build-up funded by the tenant, ~€4,400 tax refund in year 1, tax-free sale possible after 10 years.

Deadlines: tenanted path → notarize by Nov 15. Vacant path → offer accepted by Oct 10.

Verified Primary Sources:

§Immobilienatlas Troisdorf(ImmoScout24, 2026-06)
§Tenanted vs vacant price discount study (42 cities)(ImmoScout24/BFW, 2025-11)
§Grundstücksmarktbericht Bonn 2026 (official transactions)(Stadt Bonn Gutachterausschuss, 2026-04)
§Mietspiegel Bonn 2026 (qualified, valid to 2028-06)(Stadt Bonn, 2026-07)
§Closing timeline: Notar → Kaufpreisfälligkeit(David & Jacques, 2026)
§Engel & Völkers Immobilienpreise Bonn(Engel & Völkers, 2026-06)
§Preisatlas Bonn(Homeday, 2026-06)
§Homeday Preisatlas Köln — Kaufpreise nach Stadtteil(Homeday, 2026-09)
§Mietspiegel Bonn Q2/2026(ImmoScout24, 2026-06)
§ImmoScout24 Immobilienpreise Köln — Kauf und Miete(ImmoScout24, 2026-09)
§immowelt Preisindex Bonn & belt towns(immowelt, 2026-08)
§Immobilienpreise Bonn(McMakler, 2026-06)
§McMakler Immobilienpreise Köln(McMakler, 2026-09)