Prime Location, Cologne-Mülheim | Below Market Value | Cash Flow Potential | No Commission Fees.

This 4-room apartment, currently rented out, is located in a well-maintained residential complex in 51063 Cologne-Mülheim – one of Cologne's most dynamic and sought-after districts. The property offers development potential (purchase below market value) and immediate cash flow. The fixed price is €230,000 (approximately €3,056 per square meter) – significantly below the local market price of €4,000–€4,500 per square meter in the area. Key facts:
◆ Purchase price (fixed price): €230,000
◆ Current cold rent: €720 per month
◆ Rental yield: 3.8% / Living area: 75 m² (excluding balcony)
◆ Estimated market value after renovation: up to approximately €300,000
◆ Significant potential for appreciation through renovation
◆ The current tenant is open to moving to a new apartment.
With minimal renovation costs of approximately €10,000 (upon tenant change), an increase in value of over €70,000 can be realized. Your advantages at a glance:
◆ Well-maintained residential complex with a solid homeowners' association in an attractive location in Cologne-Mülheim.
◆ Homeowners' association fee: €325 (budget for 2026), non-reimbursable costs approximately €155. Important note: Due to high demand, we will only send documents and schedule viewings for interested parties who can provide proof of financing or capital. We are happy to assist you with financing. You will receive the complete brochure with floor plans, photos, and all documents after verifying your eligibility.

The district of Köln-Mülheim, located on the right bank of the Rhine, has been developing into one of the most desirable residential areas in Cologne for years, benefiting from significant investments, excellent infrastructure, and its close proximity to the city center.

All essential amenities – supermarkets, doctors, pharmacies, schools, and kindergartens – are easily accessible. The district offers excellent connections to public transportation, as well as to the city center of Cologne and the highway network.

Köln-Mülheim is one of the districts with a positive development trajectory. The combination of good infrastructure, an attractive location, and consistently high demand makes the area interesting for both investors and those looking for long-term rental properties.