The real estate market in Germany for houses and villas includes a wealth of attractive offers - the selection includes a variety of architectural styles, locations and sizes. Without an advisory real estate broker, it is not always easy to keep track of all the existing opportunities - especially if it has not been decided how the house to be bought actually looks in the end and what properties it should have. This article is intended to help you make the purchasing decision based on our many years of solid real estate brokerage experience in Germany, so you can move into your dream home soon. The focus of this article is primarily to consider the age of the property, which roughly divides the market into three categories.
Real estate with a particularly long past year of construction can still be found in large numbers in Germany. Art Nouveau villas, Victorian townhouses or real estate from the early modern period still convey an impressive sense of living and are often to be found in the best locations in Germany. Although numerous houses and villas from the period around the turn of the last century were destroyed during the Second World War, the portfolio of real estate brokers Engel & Völkers in Germany regularly includes interesting objects that are not infrequently listed. Many of these houses and villas have a large amount of space, noble, nostalgic-looking materials and elaborate decorations - the condition of a historic property should be checked before purchase but in any case by a competent expert. You can avoid major follow-up costs after your purchase only if you are dealing with a recently renovated property. Basically, old buildings and villas tend to be more susceptible to weathering and deterioration due to the materials used, which is why continuous maintenance when buying a historic villa or house should definitely be taken into account. Your Engel & Völkers real estate agents throughout Germany will gladly advise you.
Above all, single-family homes, terraced houses and semi-detached houses, which have been built in Germany since the 1950s, usually fulfill more rational living standards than historical real estate. The modern style is often simpler and with less frills, the building structure is more functional than in the 19th century due to the changed understanding of living space. Of course, villas from the construction period of the last 70 years also have opulent facades and facilities, but the traditional old-fashioned charm is not to be expected here. This is usually compensated by better insulation, modern building technology and a higher standard of comfort, whereby a concrete assessment depends on the respective object. A high-quality compilation of houses, terraced houses and semi-detached houses in Germany can be found here.
The third alternative is to buy a new house or a first occupation villa. Here you can enjoy a flawless structure and advanced technology based on the latest industry standards. High living comfort and relaxed living, without having to worry about early renovations, are the result, which is reflected in the price: new houses or villas are often the more expensive option with the same real estate size and similar location. In order not to pay an unreasonably high amount of money, your Engel & Völkers real estate agent compares all the suitable properties for you and proposes you the houses or villas that best suit your needs. On the other hand, if you value perfect self-development, you can also consider the construction of a new house or a villa and set all the characteristics of the future building yourself starting with the floor plan. The suitable property that you need for the realization of your new building can also be found at Engel & Völkers Germany.
Whether you are attracted to the historical old buildings, the comfortable single-family house or a modern new building for your purchase project: With Engel & Völkers you have found the real estate agent, who leads your planned purchase project in Germany to a full success. Be inspired by our extensive selection of homes. If you choose us to assist you in buying your new home in Germany, please feel free to contact us by email or phone, so that together we can arrange a personal consultation in your area.
Real estate investing in Germany, whether it's for private or commercial use, can be a highly rewarding venture. We've been operating in the this real estate market for over 30 years, and have offered commercial brokerage services since 1988. Our specialist shops are staffed by advisors that are always on hand to help you find the perfect space, be it for business or personal investment. If you’re seeking real estate in Germany, then read on for valuable insight.
The residential real estate market in Germany, particularly the premium side, is currently performing very well. We only deal with high-end properties, and are perfectly placed to help you find your dream house for sale in Germany. The commercial sector is well suited for rental investments in particular, with office properties in high demand. If you're looking for a strong return on investment when you sell property in Germany, our teams can ensure you locate the right retail, office or industrial space for your portfolio.
The cities dominate the German residential markets. Berlin remains one of the highest-value areas, as does Munich. However, you'll find plenty of premium houses for sale in Germany out in the countryside too. If you're considering real estate investing, then high-end properties will offer you the greatest returns, especially in the current climate. We ensure that our portfolio contains only the very best property for sale in Germany, so you don't have to spend time sorting through lengthy lists of low-value prospects.
1) Buying and selling apartments
Choosing to buy an apartment in Germany, especially in a city, can be a solid investment. Whether you're planning on selling an apartment, living there yourself or renting, now is a great time for the German property market in general. Large exclusive residential complexes are of particularly high value at the moment,and lowering interest rates make this a good time to purchase a residential property too. Berlin is currently a great location for apartment sellers and renters; particularly Berlin-Mitte and Charlottenburg-Wilmersdorf where apartments are garnering high prices.
2) Buying and selling houses
Looking to buya house in Germany? Luxury homes are always in demand, especially in urban areas. Earlier this year, we reported that Munich saw the largest increase in value for detached and semi-detached properties inthe Oberföhring district. Stuttgart is also a prime location for upscale property. Our studies found that the sale value of mansions in this area rose dramatically last year. High-end houses are an excellent way to get an impressive return on investment given the current market trends.
3) Urban and rural properties
One thing to consider if you're looking at investing in real estate in Germany is whether to opt for a rural or urban location. While markets certainly make the most movement in cities and the surrounding areas, there are superb investments to be found in rural locales as well. The current rise in housing prices in urban centres makes it a much better climate for sellers. This is causing an investor trend of moving to second tier cities and more rural areas. Slightly more remote properties are likely to only increase in value as the urban markets stabilise.
We apply the same approach to our commercial portfolios in Germany as well. Current trends indicate that it's a great time to invest in a commercial German property, and demand for smaller retail and office spaces is set to increase. This means long-term rental demand is also on the rise. Commercial property investment requires different skills and approaches to residential lettings, which is why our agents know their local markets, be they in Germany or abroad. Ongoing training and analysis ensures our teams can help you with consultation and brokerage as well as buying and selling.
1) Industrial and logistics
As online retail and startups continue to take more of a share of the retail market overall, the demand for storage and logistic space also continues to grow. This means that warehouse space,especially if it's well connected to transport networks, is in demand. If you have an existing facility you wish to sell, then now is a good time. Our experienced team can take you through all the necessary steps. Conversely, if you're looking to buy commercial space as an online retailer or small company, we can help you find the right option for your business.
Also related to the startup boom and increase in online retail is the accompanying demand for office space. Location, however, is growing in importance. Smaller businesses and their employees are more focused than ever on the whereabouts of their workplace, as well as what amenities and cultural locations are within reach. Affluent regions are increasingly becoming the focus of investors for this reason, as well as the fact such areas tend to have lower competition intensity.
3) Retail properties
Traditional retail properties like shops and outlets are less of a secure investment in the current climate. While online retailers are driving demand for smaller, better-placed offices and logistical space, this is having a backlash on the demand for conventional retail properties in Germany. That said, an increase in sales of retail space is expected according to some sources, which means it's a potentially good climate if you're considering selling yours in order to diversify your investments or alter your existing portfolio.
At Engel &Völkers we pride ourselves on being able to offer transparent, concise and expert advice on real estate in Germany. Have a look at our property insights for inspiration and tips, or contactus today.