The German realty market is defined by a low home ownership rate. The bulk of individuals still lease. The proportion of individuals who own their own home or home has actually increased due to low rates of interest in the very first twenty years after the turn of the centuries, but is still just under 50 percent.

At the very same time, the state has actually developed too few apartment or condos in recent decades, indicating that there is a strong need for housing in cities. This is increasing rents and purchase rates. At the exact same time, lots of areas are experiencing a rural exodus, indicating that there is an issue with jobs in some rural areas. Prices there are falling.

The basic conditions on the market are for that reason not ideal. Although the signs are bad, there is a huge supply of genuine estate of all kinds to be found in Germany. This also applies to commission-free homes and apartment or condos - or land and industrial residential or commercial properties - the majority of which come onto the market privately.

Real estate in Germany is relatively inexpensive

Compared to numerous other Central and Western European nations, property rates in Germany are still rather cost effective. In France, Italy, England and Switzerland, prices have actually reached almost dizzying heights, even in medium-sized cities. In prime locations such as Hyde Park in London or in the centers of Zurich, Geneva, Rome, Milan and Venice, potential purchasers usually need to pay a significant five-figure sum for genuine estate.

In Germany, this pattern is still rather weaker. Although there are A-locations in significant cities that cost five-figure rates per square meter, there are similarly budget-friendly offers outside the cities and even economical realty offers in the huge cities. This uses in specific to residential or commercial properties that are provided without an estate representative. This is since personal property managers and sellers can operate on the marketplace without commission.

But: cost boosts for German property

Nevertheless, rates have increased practically constantly and reasonably dramatically in recent decades. There was only a small dip at the start of the 2020s, which was triggered by crises around the globe. Rate of interest increased significantly throughout this time. Although the supply was offered, funding was more expensive. This likewise used to new builds.

The formerly extremely low rates of interest triggered a boom in building and increased purchase rates. Residential or commercial property uses became more expensive due to the beneficial funding conditions and excess demand. However, in a country as big as Germany, this does not use to all cities and areas to the exact same degree.

Property in Germany is especially costly here

Average rates per square meter have actually increased sharply, especially in the major cities of Munich, Hamburg, Cologne, Berlin, Stuttgart and Frankfurt am Main. This applies to acquire prices and net cold rent. Munich is especially costly. In reality, the city is among the urban areas with the highest real estate costs worldwide.

Expensive property between Sylt and Tegernsee

Between the North Sea and the Alps, there are now areas that are incredibly costly by German requirements for buying a home. Their costs are slowly approaching worldwide levels. This uses to Sylt (Kampen), residential or commercial properties on Lake Tegernsee, the old town of Hamburg or Düsseldorf, the Schwabing district of Munich or Stuttgart-Nord, to name a few. The old town of Frankfurt am Main or the Westend-Nord district are definitely bad areas for low-income earners either. The very same applies to many pricey districts and villa locations in German cities. If you are looking for property here, you will find offers, but you will need to dig deep into your pockets.

B-locations are catching up

However, rates in typical B-locations such as Hanover, Karlsruhe, Münster, Düsseldorf, Nuremberg, Mainz and Regensburg have actually likewise increased greatly in recent decades. This manifests the urban-rural divide. Cities are costly across the board.

The west-east divide and the urban-rural divide in Germany

However, outside the bigger cities, residential or commercial properties are cheap. This is especially real for commission-free residential or commercial properties. If you are looking for a condominium or a single-family home in Germany, you can find extremely appealing offers outside the cities.

German regions understood for low costs include northern Saxony, southern Brandenburg, almost the entire state of Mecklenburg-Western Pomerania as well as the state of Saxony-Anhalt, the southwest of Rhineland-Palatinate and the northeast of Baden-Württemberg, which is otherwise rather expensive. These figures clearly show an east-west divide. Property of all kinds - homes, homes and land - is cheaper on average in eastern Germany. The population decrease in the east has actually developed a supply surplus that has actually led to low costs.

There are exceptions. These include the really dynamic cities of Dresden and Leipzig, for instance. The majority of other eastern German cities and municipalities such as Stendal, Chemnitz, Magdeburg, Erfurt, Schwerin and Rostock are substantially more affordable.

However, there are also excellent opportunities with beneficial deals in the west. This applies to realty provides in cities along with in the countryside. Places such as Herne, Duisburg, Gelsenkirchen, Bottrop, Bochum, Recklinghausen and Dortmund offer low prices. Far from the "Ruhrpotts", it is more backwoods such as south-eastern Lower Saxony and the eastern federal states where interested parties can discover especially budget friendly residential or commercial properties. This all goes to reveal: The property market in Germany is very heterogeneous and has several elements. You will notice this time and again when looking for a residential or commercial property.

Search and discover commission-free residential or commercial properties without an estate representative in Germany

You can find your dream residential or commercial property with our introduction of residential or commercial properties provided without an estate agent. Whether you wish to rent a small house for your own use or purchase a house building as a financial investment job. Whether you are looking for a clever house to lease or a condo. Whether you are searching for industrial area or a plot of land - our offers are commission-free! Find your dream residential or commercial property near you or in any wanted area in Germany - or abroad.

Offers: How to get where you desire to enter your realty search

On our site you will discover commission-free residential or commercial properties of all kinds. To find the residential or commercial property you are looking for, please use

- the search form at the top of this page.
- the links to the listings in the federal states, from where you can continue to the cities and districts.
- the subject portals and the local overview for special searches.
New building tasks for new residential or commercial properties to buy or rent.
- an individual search request that you can set up totally free of charge and through which we will inform you right away of existing listings.

In addition, you will not just discover links to intriguing cities and residential or commercial property types in many locations for your residential or commercial property search. You can also find the existing rate trends in the preferred area in the rent index or under realty costs. You can discover fascinating truths about genuine estate in our guide and current subjects in the magazine. In this method, you can obtain extensive info about the realty market in Germany with all its special features.

Summary: Property offers in Germany:

- The majority of people in Germany live in leased accommodation and the percentage of people who own their own home is comparatively low.
- In the last few years, rates for leas and residential or commercial property have risen significantly (with the exception of the early 2002s).
- Compared to other European cities, costly German places are still reasonably "cheap".
- The most pricey German cities are A-locations such as Munich, Hamburg, Düsseldorf and Frankfurt
- Prices in B and C-location cities have risen substantially in the last few years.
- With the exception of Dresden and Leipzig, the east tends to be less expensive than the west.
- Particularly economical residential or commercial properties are more most likely to be found in rural locations.
- Commission-free offers without an estate agent can be wonderfully priced.