6.3% yield: Furnished apartment near the University of Cologne, in the Sülz district, recently renovated.

6.3% gross yield, €716 surplus after service charges per month, and no renovation costs: This apartment is a ready-to-go investment property in one of the most sought-after student areas of Cologne, just a few steps from the University of Cologne. The figures:
- Purchase price: €149,374, commission-free
- Cold rent: €783 per month, €9,396 per year
- Yield: approximately 6.3%
- Service charges (not included in the rent): only €66.51 per month
- Surplus after service charges: €716.49 per month, €8,597.88 per year (before taxes, financing, and potential rent loss)
- Heating, hot water, and electricity are paid directly by the tenant to the utility providers. This eliminates any cost risk for the owner.
- The apartment will be re-let concurrently with the sale. Why this apartment is particularly interesting for investors:
- Demand: Furnished, small apartments located directly near the university are always in high demand in Cologne, especially at the start of each semester. The university is within walking distance, and tram line 18 stops at Arnulfstraße.
- Target group: The building is designed for student housing. No further investments needed: The apartment was completely renovated in the fall of 2026, featuring new walls, new flooring with a wood-look finish, a new built-in kitchen with a refrigerator, new lighting fixtures, and a new ventilation system in the shower room. The complete furniture is included in the purchase price.
Community: 90 apartments, elevator, professional property management. As of December 31, 2025, the maintenance reserve fund amounted to approximately €357,000.
The Apartment:
Apartment No. 84, located on the 8th floor, with a size of 22.69 m² according to the property declaration, features 1 room with a sleeping niche, a built-in kitchen, a shower room with a toilet, and a storage room (No. 84). The building was constructed in 1999.
Detailed Breakdown of Ongoing Costs:
Monthly service charges (as per the 2027 budget): €135.40. This includes €68.89 in operating costs that the tenant can reclaim, €48.53 for administration and maintenance, and €17.98 for the maintenance reserve fund. Property tax is also included in these charges. The tenant pays a base rent of €783 and a prepayment of €90 for operating costs. No real estate agent commission.

Remigiusstraße is located in the Sülz district of Cologne, in a quiet residential street. The University of Cologne is within walking distance, as is the university hospital. Tram line 18 stops at Arnulfstraße, and the city center is easily accessible by train. The neighborhood offers cafes, restaurants, and shops for daily necessities, and the Beethovenpark is nearby. Furnished small apartments near the university are in high demand in Cologne, especially at the start of each semester.