Is real estate investment worthwhile in Mülheim an der Ruhr?
- Mülheim an der Ruhr is a city with 170,880 inhabitants in the state of Nordrhein-Westfalen.
- The median purchase price is €3,669 per square metre – high prices compared to the national average.
- Purchase prices have risen by 29.8% over the last five years.
- Compared to the national average, an average gross rental yield can be achieved here: between 3.7% and 5.6% (average 4.5%).
- The purchase-price factor is about 18 years.
- The population, with an average age of 46.2 years, is old compared to other German municipalities.
- The population has grown by 1.4% since 2008 (about 0.1% per year).
- Unemployment at 5.9% is around the national average.
AI Location Report
Mülheim an der Ruhr is positioned with an average price per square metre of 3.669 € and a price-to-yield factor of 22,4 in the German comparison. Rents (avg. 11,94 €/m²) reflect a focus on value stability.
📊 Local Metrics & Investor Check
Strategy Classification: Value Growth City
Medium yield, value appreciation potential takes priority.
Medium yield, value appreciation potential takes priority.
Price-to-Rent Ratio
22,4 ×
Years of cold rent until amortization
Avg. gross rental yield
4,47 %
Range: 3,74 % – 5,59 %
Value appreciation (5 y.)
+29,79 %
≈ 5,96 % p.a.
📈 Current Market Overview & Price Ranges
| Metric | Average | Market Range (Min – Max) |
|---|---|---|
| Purchase Price | 3.669 €/m² | 2.157 € to 4.528 € |
| Rent (cold rent) | 11,94 €/m² | 10,04 € to 16,45 € |
| Yield (affordable apt.) | 5,59 % | Typical for smaller / cheaper apartments |
| Yield (expensive apt.) | 4,36 % | Premium locations, focus on value growth |
📉 Historical Market Dynamics
| Period | Purchase Prices | Rents |
|---|---|---|
| Last Year | +0,00 % | -13,29 % |
| Last 2 Years | -12,93 % | +2,58 % |
| Last 5 Years | +29,79 % | +16,04 % |
| Last 10 Years | +51,50 % | +34,16 % |
📅 Prices Over the Years
| Year | Purchase Price avg €/m² | Rent avg €/m² | Yield % |
|---|---|---|---|
| 2011 | 1.675 | 6,88 | 4,93 |
| 2012 | 1.913 | 7,92 | 4,97 |
| 2013 | 2.006 | 7,53 | 4,51 |
| 2014 | 2.085 | 8,62 | 4,96 |
| 2015 | 2.112 | 8,34 | 4,74 |
| 2016 | 2.422 | 8,90 | 4,41 |
| 2017 | 2.402 | 8,91 | 4,45 |
| 2018 | 2.727 | 9,07 | 3,99 |
| 2019 | 2.774 | 9,25 | 4,00 |
| 2020 | 2.674 | 9,15 | 4,11 |
| 2021 | 2.827 | 10,29 | 4,37 |
| 2022 | 3.524 | 11,38 | 3,88 |
| 2023 | 4.066 | 11,43 | 3,37 |
| 2024 | 4.214 | 11,64 | 3,32 |
| 2025 | 3.669 | 13,77 | 4,50 |
| 2026 | 3.669 | 11,94 | 3,91 |
🧮 Sample Investment Calculation
Interactive calculation for an apartment in Mülheim an der Ruhr. Adjust values:
Acquisition Costs
Total Purchase Price –
Brokerage Fees (7 %) –
Property Transfer Tax (3.5 %) –
Total Investment –
Income & Yield
Rental Income (duration) –
Profit –
Yield p.a. –
🗺️ Roadmap for Beginners in Mülheim an der Ruhr
Step 1: Check financing capacity
Clarify budget and equity. Use the financing check in the sidebar.
Step 2: Set up local property searches
Search property portals for listings in Mülheim an der Ruhr and the surrounding area.
Step 3: Viewing & property inspection
Review owners' association minutes. Note structural defects and reserve funds.
Step 4: Purchase price negotiation
Price-to-yield factor 22,4 – use as a solid negotiation basis.
Step 5: Notary appointment & land registry
Factor in purchase costs (brokerage, transfer tax, notary).