Engel & Völkers
  • 5 min read

Selling or buying residential and commercial properties in Hamburg

window, balcony, corner, old, building, palace, restored, historic, house wall

The rental of multi-family residential buildings and comparable investment properties encounters excellent initial conditions in Hamburg: thanks to first-class infrastructure, a diverse range of leisure activities, and versatile educational and career opportunities, the Hanseatic city is regarded by many prospective tenants in northern Germany as a highly sought-after residential location, which is reflected for owners in a high level of rental security. In addition, the availability of high-quality, sustainable properties with prospects for long-term rent increases represents an important argument for investing in residential and commercial buildings. Engel & Völkers Commercial Hamburg sets itself the standard of providing you with comprehensive support in the purchase, letting, and sale of your income-producing property in the Hanseatic city and of achieving an optimal result for you.

Table of Content

  1. Leverage our expertise in the Hamburg investment property market for your purchase or sale

  2. These Hamburg districts are particularly popular with buyers and sellers of multi-family residential buildings

  3. With Engel & Völkers Commercial to the successful purchase or sale of your income-producing property in Hamburg

Leverage our expertise in the Hamburg investment property market for your purchase or sale

In the current market environment for investment properties in Hamburg, buyers and sellers are once again meeting largely on equal footing: declining inflation rates, a key interest rate that has been stable for some time, and the prospect of falling interest rates in the second half of 2024 are prompting prospective buyers of income-producing residential buildings to act more decisively in the market. At the same time, a number of developments are leading to a growing supply of properties: owners are increasingly aiming to benefit from the value gains generated by their investment properties during the 2010s and to realize corresponding profits through a sale.

The debate surrounding CO2 emissions and energy efficiency is also fueling potential considerations to sell among many owners – not least with regard to possible statutory requirements. This is because, when weighing up whether to undertake an extensive and cost-intensive energy-efficient refurbishment or to alternatively offer the property for sale, a considerable number of owners ultimately opt for the simpler and more profitable disposal. With Engel & Völkers Commercial Hamburg, you can actively use the current market situation to your advantage, both when purchasing and when selling your income-producing property: the team led by Jan Witte and Oliver Ihrt supports you with targeted location, property, and cost analyses; furthermore, we determine for you which property currently best matches your investment strategy – or at what point in time the sale of the asset makes the most financial sense.

Here you can find our market report.

In direct comparison with many other cities, the Hanseatic city of Hamburg has long proven to be a future-proof and profitable location for the rental of income-producing residential buildings. Its supra-regional prestige, high quality of life, and seamless infrastructure speak for themselves. Which micro-location within Hamburg is best suited to your real estate investment depends on the priorities defined in your investment strategy.

Accordingly, centrally located districts close to the city center are particularly in demand; here, accessibility, property quality, leisure offerings, and neighborhood characteristics are all at the highest level. Examples of such locations include Eppendorf, Eimsbüttel, Hoheluft, Barmbek, Winterhude, and Harvestehude – in these residential environments, risk factors such as rent defaults or vacancies are, based on experience, least pronounced, while you benefit from high rental levels. All value development forecasts prepared by our real estate advisors also clearly point upward for these locations.

With regard to less central areas, such as those near the city outskirts, in the south of Hamburg, or in the nearby surrounding region, entry prices for income-producing residential investments decrease compared to the prime locations of the Hanseatic city. In return, however, return expectations increase, as higher expenditures for rental management must be factored in, particularly in socially weaker districts. Let Engel & Völkers Commercial Hamburg advise you in a targeted manner on which location is suitable for your real estate investment – or, as an owner, find a solvent buyer for your residential and commercial building within a short period of time with our support, regardless of location.

Commercial properties Hamburg

Engel & Völkers Hamburg Commercial

With Engel & Völkers Commercial to the successful purchase or sale of your income-producing property in Hamburg

The prospects of success for your investment stand and fall with a carefully thought-out investment strategy – when designed holistically, the asset class real estate in particular can prove to be a secure, future-proof, and high-yield form of capital investment. Engel & Völkers Commercial Hamburg aims to support you with sound know-how, many years of experience, and in-depth market expertise in order to set the course for your investment toward success from the very beginning. We find exactly the income-producing property that meets your requirements in terms of location, purchase price, condition, fittings, and sustainability criteria. From newly built properties with the highest construction standards to existing buildings with development potential, our portfolio in Hamburg comprises a broad selection of income-producing properties with high rental security. We assess each property and its value development potential individually, determine for you which expenses are likely to arise in the future, and in this way enable the most precise and reliable return calculation possible for the coming years. In addition, we are also happy to support you with advice and practical assistance in the acquisition and pre-selection of reliable tenants.

Ultimately, a profitable sale at the right time is also a key element of a holistic investment strategy. Our real estate advisors analyze for you when a sale is most worthwhile under which conditions, which price you should ask for your offering, and in which scenarios holding your investment property is the more appropriate option. If you decide to sell your property with our support, we take over the entire marketing process for you – starting with a careful and compelling presentation and the compilation of all required documents, through the coordination of viewings, to contract negotiations and accompaniment to the notary appointment. As your full-service partner, you are also welcome to contact us after the marketing process if further questions arise regarding the transaction or a potential follow-on investment.

Whether purchasing or selling your multi-family residential building in Hamburg and the surrounding area: Engel & Völkers Commercial Hamburg does everything possible to realize your investment ambitions in a focused and timely manner. Jan Witte, Oliver Ihrt, and their team look forward to providing you with free and non-binding advice on your specific project in the near future. We look forward to hearing from you.

Stay informed

Sign up for our regular newsletter with exclusive properties, inspiration, market reports, and the latest news.

I consent to the processing of my data for the purpose of regularly receiving newsletters from Engel & Völkers licensing partner.

You can find out which data Engel & Völkers licensing partner stores in detail and what rights you have in this context here. You can revoke your consent for the future at any time here.

You may also be interested in

Contact provider

Engel & Völkers Hamburg Commercial

Page content provided by: Engel & Völkers Gewerbe GmbH & Co. KG

License partner of Engel & Völkers Commercial GmbH

+49 40 368810-0