Skilful commuting: Buying a flat in Hamburg as an alternative to inefficient hotel bills

Commuting to work: widespread in Germany

Around 18 million people in Germany regularly commute to work from their remote home. Jobs in conurbations such as Hamburg city centre are often significantly better paid than in less densely populated regions, and the opportunities for career advancement are simply greater. The flip side of this model is obvious: the daily commuter traffic, additional time lost due to travelling and immense mobility costs cannot be avoided. Staying in a hotel seems much more comfortable at first, but the regular costs for room and board are high and do not generate any long-term capital value for the commuter. The options for customising the hotel stay to the commuter's preferences and needs are also limited.

Avoiding stress as a commuter with a condominium in Hamburg

Buying a condominium is an extremely sustainable way to find a place to stay at your place of work during your commute. Depending on the size, location and furnishings of the flat as well as the duration of the employment relationship, the regular costs for financing are often not significantly higher than the prices that would be charged for an overnight stay in a hotel. Commuters benefit from a number of advantages: They can determine the location of the flat themselves and thus ensure the shortest possible daily commute. In addition, the flat can be designed and furnished according to personal preferences; especially in the context of a demanding professional life, an individual retreat is a great enrichment for many. Probably the biggest advantage, however, is that by investing in a condominium, the commuter retains its material value, unlike when paying regular hotel costs. In this way, the flat can be used for retirement provision or for renting out at a later date.

The property market in Hamburg city centre and along the Elbe has been Engel & Völkers Hamburg Elbe's area of activity for over 40 years. We know the latest developments and are the first to hear about new offers for buying and renting flats. Together with you, we analyse your specific situation and find the housing solution that suits you best. In doing so, we always focus on your satisfaction and the sustainability of your investment.

If you have any questions about our offer or the specific options for buying or renting flats in Hamburg, please do not hesitate to contact our local estate agents! We look forward to hearing from you by e-mail or phone.