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Cologne: Renovated 3-room apartment, approximately 5% return on investment, commission-free [INVESTMENT].

50996 Köln – Nordrhein-Westfalen
260.000 €
3
Room
75 m²
Living Area
Private offer
Apartment

Designed for expatriate buyers looking to invest in German real estate the right way, with a focus on properties that generate income for people building wealth, without the obstacles of financing, paperwork, or navigating an unfamiliar market alone. The process runs from start to finish: the right property is sourced, renovations are overseen where needed, and owners are connected with reliable property management once the purchase is complete. No upfront investment is required for these properties, allowing buyers to build a portfolio without tying up large amounts of capital initially.

Description:
This newly renovated 3-room apartment in Cologne is being offered directly, with the seller covering all closing costs. The apartment is 75 m², well-designed, and bright. It's suitable for investors buying their first property as well as those adding to an existing portfolio, and it can be handed over already rented, meaning income starts immediately.

Price breakdown:
• Net purchase price: €260,000 (excluding closing costs)
• Closing costs of approximately €22,000 are covered by the seller, so you pay €0.

Key figures:
• Approximate 5% ROI
• Approximate €1,100 per month for rent (excluding utilities).
• €0 closing costs for the buyer.
• No agent, no commission.
• Financing support is available to help minimize the amount of equity you need.

If you are an expatriate looking to invest in Germany and want to understand how this process works, please contact us to discuss the details. If this particular property is no longer available, let the seller know what you are looking for. There are usually other properties available. No inquiries from real estate agents, please.

Are you interested in this apartment?

Object Number
OM-472826
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
By arrangement

Purchase price & additional costs

purchase price
260.000 €
Purchase additional costs
approx. 20,928 €
Total costs
approx. 280,928 €
HOA fee
350 €

Breakdown of Costs

Purchase price 260.000 €
Real estate transfer tax 16,900 € (6.50%)
Notary costs 2,666 € (1.03%)
Land register entry 1,363 € (0.52%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 953€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.50%

Details

Condition
Rehabilitated
Level
2nd floor
Usable area
75 m²
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1962
Equipment
Balcony, Basement, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

Honestly, the location is one of the things I like most about this apartment. It's situated in a well-connected residential area of Cologne, one of Germany's largest and most sought-after rental markets, with everything close by and the rest of the Rhineland easily accessible.

Shops, doctors, schools, and kindergartens are just a few minutes away, and the city center, with its cafes, restaurants, and the vibrant atmosphere around the Altstadt (Old Town) and the Rhine, is within easy reach. There's also plenty of green space nearby, from the Kölner Grüngürtel (green belt) to the parks and promenades along the river, which makes the whole area very pleasant to live in.

And the transport links are excellent: a comprehensive public transport network with KVB trams and S-Bahn trains, plus quick access to the autobahn ring (A1, A3, A4, and A57), so you can quickly reach Düsseldorf, Bonn, Leverkusen, and the surrounding business centers. It's exactly the kind of location that remains in high demand, whether you want to move in yourself or rent it out.

Location Check

Shopping
Eating Out
Sports
Nature
Health
Child Friendliness
Culture
Nightlife
Public Transport

Energy

Final energy consumption
112.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
District heating

Miscellaneous

All information in this listing is based on my own knowledge, as well as information provided to me by third parties. Despite careful review, I cannot accept any liability for the accuracy, completeness, or timeliness of the information contained herein. All details, particularly regarding floor areas, tenancy terms, potential rental income, fixtures, and other property data, are provided solely as non-binding preliminary information. Errors, changes, and prior sale are expressly reserved. Only the terms of the notarized purchase agreement are legally binding.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Commission: No commission for buyers

Offer from: Jule