Investment Property in Münster: What the 2026 Figures Say

It depends on price, financing, and your tax rate. Demand is high (2.0% vacancy), but rented apartments cost an average of 30 times the annual rent. In our example, an investor with €85,000 income pays about €244 monthly, including €283 in principal repayment.

Based on expert committee data, the gross yield for rented condos is about 3.3%. In inner zones, it's roughly 2.8%; in outer districts like Hiltrup, about 3.9%. Net yield is lower after costs and reserves.

In 2025, existing condos averaged €3,980/m², new-builds €6,615/m², and converted old-builds €6,290/m². Depending on the zone, existing apartment averages range from €3,070 to €5,770/m².

It depends on your goal. Locations around the old town are most expensive with the lowest yields. On the outer edges (Gievenbeck, Mecklenbeck) or outer districts (Hiltrup), existing apartments cost around €3,100/m², offering more rent per euro invested.

Yes. Münster is one of 57 municipalities in NRW's ordinance. The rent brake applies until Dec 31, 2029; the 15% cap and 8-year termination block after conversion apply until Feb 28, 2030. New-builds first let after Oct 1, 2014, are exempt.

With 6.5% transfer tax, approx. 1.7% for notary/registry, and usually 3.57% broker fee, you reach nearly 12% of the price. You can use our closing cost calculator for your specific case.

The 2025 rent index uses a base rent plus surcharges (e.g., +25% in the old town, +20% in the city center). Both rent increases for existing tenants and new leases (due to the rent brake) are oriented around these values.