Despite the growing prices for houses and apartments, the residential real estate market in Germany is booming. This is partly due to the strong economy, which many people benefit from financially, on the other hand, the low interest rates, which compensate for the sometimes high price hikes of real estate. However, some regions and cities are much more popular than others for buying a home or apartment. This is due to numerous factors including economic opportunities, security, infrastructure, cultural and recreational opportunities, and so forth. Among the top cities for the purchase of a property one can find Berlin, Munich, Hamburg, Frankfurt, Dusseldorf and Stuttgart. Engel & Völkers Germany is represented at all mentioned locations and also in the remaining eleven states of Germany. What does that mean for you? If you are interested in buying a house in Germany, the comprehensive presence of the estate agents of Engel & Völkers Germany is the ideal starting point. With our many years of experience and specialization in premium real estate, detailed market knowledge and access to the most beautiful real estate in Germany, we are well prepared for the needs of our discerning clients. In an annual market report, Engel & Völkers Germany presents a comprehensive analysis of the German residential real estate market. It examines 55 stores that cover all German metropolitan areas, numerous major cities and particularly high-purchasing locations. Which area you are interested in: The estate agents of Engel & Völkers can offer you exclusive houses and apartments for sale in almost all regions. You are welcome to take a look at this year's residential real estate market report.
You want to buy an apartment or a house, but do not know exactly where? Whether you want to use a property as a primary or secondary residence or as a capital investment for your retirement fund: the location is relevant. Does the city where your new home is located promise a high quality of life and security? What is the infrastructure like? What reputation does the city enjoy in the rest of Germany?
It's also worth thinking in advance about where your potential property should be located - near the water, surrounded by green spaces or in the middle of the trendy and lively city center. As everywhere else in the world, the proximity to water also determines the price in Germany. Thus, Germany's largest North Sea island Sylt achieves top market prices. Here, the analysis of Engel & Völkers Germany for the most expensive properties in a prime location yielded EUR 20,000 per sqm in the first quarter of 2018. The initial position is also similar at Lake Starnberg, Tegernsee and Lake Constance.
Berlin, for example, is one of the most popular cities in Germany for the purchase of an apartment due to its strong economic growth and the prevailing international atmosphere. If you prefer to travel to the south of the country, then Munich, as the leader in almost all rankings, will certainly be considered for the purchase of a house. But other regions are worth a second look, such as Würzburg. The market assessment of Engel & Völkers real estate brokers, based on many years of expertise, revealed the following: With the oldest university in Bavaria and a large number of medium-sized companies, Würzburg is an important business and science location. Moreover, the attractive location, surrounded by vineyards, offers a high quality of life and living. As in most major German cities, the supply of high-quality houses and apartments is rare and falls short of the high demand of potential buyers. As a result, more than two-thirds of real estate brokered by Engel & Völkers Germany does not even come to the open market, but is directly and exclusively offered for sale to our customers within our network. The purchase of real estate in Germany is therefore a challenge. Consequently, relying on a partner like Engel & Völkers Germany, brings the necessary level of professionalism to succeed in the purchase/resale of your property with their 40 years of experience in the upmarket real estate sector. Convince yourself: Click here to find the houses and apartments that Engel & Völkers Germany currently offers for sale.