Lukinski
Real Estate in Frankfurt
Buy, rent out and sell real estate in Frankfurt – buy, rent out and sell real estate in Munich – do you want to buy or sell a house or a condominium in Frankfurt? Then find instructions and free tips here on how to sell, buy real estate or what you need to consider when building a house. Whether buying, selling, building or renting out, you will find everything about real estate, laws and taxes here.
Buy & sell in Frankfurt
Frankfurt is certainly the most impressive German city. Standing in the city center of Frankfurt, driving into it, the skyscrapers are something very impressive. The city appears twice as large as Berlin, three times as large as Munich, and four times as large as Cologne.
With a population of about 750,000 and an area of just under 750 square kilometers, Frankfurt am Main is one of the important German metropolises; also internationally, due to the banking and financial sector. The city was almost completely destroyed during World War II. The modern reconstruction shapes today’s Frankfurt.
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Lukinski
Buy in Frankfurt
More and more people are deciding to buy a property in the German financial center of Frankfurt am Main. Whether it’s a house or a condominium, purchase prices have risen significantly in recent years. Many buyers are also turning to real estate as an investment and investment or buy plots of land and build new.
On the topic of buying in Frankfurt, there is more to come. Here is an overview with further information and tips.
- Buy real estate
- Buy an apartment
- Buy a house
- Apartment building for sale
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Sell in Frankfurt
Selling real estate is always time-consuming, and you also need a lot of know-how and talent in sales and negotiation to achieve the best possible selling price. Professionally presented real estate sells best. That is why real estate agents also achieve the highest selling prices. On average, 72% of all real estate is sold through real estate agents.
Do you want to sell your real estate in Frankfurt a.M.? Find out more here, after the buyer tips. Further articles and tips can be found here.
City, Map and Location
The attractive location directly on the Main River and in the center of Central Europe continues to attract people from all over Germany and the world. Frankfurt am Main is known for its unique skyline, skyscrapers, and a thriving financial market. However, the city has much more to offer. Museums, green areas, the opera, art galleries. Culture as far as the eye can see.
Anyone who knows the real estate market in Frankfurt am Main knows that the city, districts, and surrounding areas are subject to rapid change. The effects on the selling prices and opportunities for residential properties change quickly. This dynamic has long reached the wider surrounding areas of Frankfurt with a radius of 70 kilometers and more.
Frankfurt has extremely many Advantages
First of all, the international airport, one of the largest in the world. More important, however, is the financial sector, as Frankfurt is home to Europe’s largest banks, as well as representatives from all over the world who manage their European business from here. Added to this is Frankfurt as a trade fair city, hosting major international events. Now Frankfurt is gaining additional significance due to the Brexit.
Moreover, Frankfurt’s city center! Few German city centers offer such an atmosphere and such a variety of companies. From shopping centers to numerous luxury brands, Louis Vuitton, Prada, Burberry, Philipp Plein. This attractiveness draws many to Frankfurt am Main.
Neighborhoods in Frankfurt am Main
Who wants to live in Frankfurt am Main has a choice of 43 different districts! For each of these districts, the real estate market – whether it’s a single apartment or an entire house – presents itself differently in terms of demand, prices, and availability. The seller of the property should also be aware of this, as the achievable selling price depends on numerous factors in these districts.
The most popular districts in Frankfurt a.M. are:
Overview: Location and Figures
Frankfurt a.M. is located in Southwestern Germany, centrally situated in Germany’s most important economic region. The city is home to the European Central Bank, the German Federal Bank, the Frankfurt Stock Exchange, and numerous financial institutions.
Facts about Frankfurt am Main:
- Population: 763,380
- Average income: 44,522 €
- Comparison Germany: 47,928 €
- Area: 248.31 km²
- City districts: 43
- Special features: Germany’s financial center
Frankfurt am Main in Hessen:
Frankfurt a.M. City center and city area:
Buy in Frankfurt
The rents and purchase prices for real estate in Frankfurt am Main are among the highest in all of Germany. The price per square meter in the inner city of Frankfurt is naturally often quite different from that in the surrounding districts. Especially in the inner city and in the districts along the Main, the prices for real estate purchases in Frankfurt are very high. This high price level has long since affected the outer city boundaries and the surrounding areas.
Buy real estate:
Investing: Real Estate Investment
Real Estate is an excellent investment. Ultimately, real estate serves not only for the short-term increase of one’s wealth, but is also highly attractive in terms of retirement planning. The Frankfurt real estate market is currently the most attractive in Germany!
Frankfurt, Germany’s fifth-largest city, is also one of the most expensive addresses when it comes to housing. For many years, property prices and rents for residential and commercial real estate in Frankfurt have been rising. Basically ideal conditions for everyone who wants to invest money in real estate.
Essentially, it is commercial real estate, such as office spaces, that are being sold in Frankfurt a.M. However, in the residential sector as well, Frankfurt has overtaken the other major cities in Germany. While about 1.2 billion euros were invested in the housing market in Frankfurt in 2018, it was only about 0.5 billion euros in Munich.
Interviews on the topic:
Sell in Frankfurt
With the current price development, selling your real estate in Frankfurt is worthwhile! Why is that so? Firstly, because due to the many major banks and other international financial service providers, the search for urban housing for their employees, and those of many other employers, continues to grow. With the new companies come their employees, and these employees in turn want to live near their workplace. What you should pay attention to when selling your real estate in Frankfurt, you will learn here.
Rising rent and real estate prices: This applies not only to the metropolitan areas, but also to the surrounding areas of the big cities. In Frankfurt am Main, this is a development that began long before the current boom. Nevertheless, real estate experts see an end to the rapid price development approaching, even speaking of a price bubble that is about to burst. Therefore, anyone who wants to sell their house in Frankfurt am Main should take advantage of the currently high price level and plan the sale now!
However, for a successful and profitable sale of real estate, it is first and foremost essential to have a solid and realistic valuation. This ultimately determines the asking price. In the next step, real estate agents bring your real estate to solvent interested parties.
Sell your real estate:
Property Value in Frankfurt am Main
What selling price can the property owner achieve in which district? Are there trendy neighborhoods in Frankfurt? What role does aircraft noise play in the selling price? All these and many more questions play an important role in determining the value of your property.
For the selling price of a property in Frankfurt a. M., the district in which the property is located plays a central role. In addition to the diversity of nationalities among the residents, the presence of parking spaces in the immediate vicinity of the property is also particularly important. S- and U-Bahn connections in direct proximity can increase the value of the property just as much as a nearby, intact local supply structure that is easily accessible on short walks. In Frankfurt, noise pollution from air traffic also plays a central role in determining the price, as the airport is relatively close to the inner-city settlement.
Of course, the rating of a property and its district in Frankfurt am Main also depends on the wishes and expectations, and indeed the goals of the buyer. It makes a big difference whether the property is to be rented out to the smart, rising financial professional, the student, or the well-off retiree. Whether the buyer is looking for a profitable investment or intends to use the property themselves also has a noticeable impact on the purchase price.
For an initial, non-binding property valuation of your property in Frankfurt am Main, speak with a good real estate agent. Long-term expertise in the real estate market of the Rhine-Main region of the potential agent ensures a quick, professional and objective assessment of your property – ideally, of course, with the necessary discretion.
Living and Lifestyle
As is the case throughout Germany, the general demand for single-family homes is particularly high in Frankfurt am Main and its surrounding areas. In contrast, the official urban planning in Mainhatten clearly focuses on the construction of multi-family homes or the designation of corresponding residential areas. The “green sauce” of sprawling single-family home developments will remain the exception – probably also due to a lack of buildable land. The Frankfurt national dish “green sauce,” on the other hand, is very popular in many restaurants offering high-quality cuisine.
Frankfurt has everything high culture needs, with its opera, theaters, and a museum mile. In addition, there is a solid gastronomy scene that doesn’t shy away from international comparisons. The city has beautiful parks, as well as the zoo and the Palmengarten, so you don’t have to leave the city for a short break. In addition to stylish shopping galleries, the Main River promenade invites strolling. The skyscrapers are also an attraction in their own right. And whoever attends one of the many summer festivals can hardly tear themselves away from the view of the skyline.
Tips:
Virtual tour through FAM:
The most popular districts in Frankfurt a.M. are:
City and Future
The attractive location directly on the Main River and in the center of Central Europe continues to attract people to the city. The banking district, home to many German and European major banks, offers a wide range of job opportunities. The European Central Bank in Ostend has also created numerous new jobs.
Construction site in a top location (new ETW):
Looking to the future, an end to the influx into Frankfurt is not foreseeable. This outlook is driving rising property prices in the city center, as well as in the surrounding areas. With certainty, districts or suburbs that are currently considered less attractive will certainly develop into valuable locations “tomorrow.”
No other city lives as much under the inflow of commuters as Frankfurt. According to official figures, about 300,000 people travel by car or public transport to Frankfurt every day for work. This is partly due to the lack of housing supply in the central area of Frankfurt, but also due to the overall good accessibility of the surrounding areas by road and rail.
Are you already planning the construction, purchase, furnishing or equipping? Here you will find good addresses and recommendations in Frankfurt:
- Architects
- Hardware stores
- Garden centers
- Interior Design
- Contractors
- Kitchen studios
- Lamps & lighting
- Furniture stores
Legal questions? Find recommendations for lawyers in Frankfurt here:
Frankfurt am Main is not only a financial metropolis, but also an important and diverse cultural center in Germany. The Hessian big city scores with internationality and modern living. Even though more and more Germans are moving to the big city, other German cities can keep up with the financial hub. Whether it’s Cologne, Hamburg, Frankfurt a.M. or Munich, the German big cities have a lot to offer. What Germany still has to offer, we reveal to you here.
Real Estate Market Germany
Germany has become a popular place to live for people from all over the world in recent years. Safety, infrastructure, a wide cultural offering, a central location in Europe, and attractive housing attract families, couples, singles, and students to the big and small cities of this economically strong country. The most popular cities to live in, apart from Cologne, are especially Berlin, Hamburg, Munich, Dusseldorf, and Frankfurt am Main.
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Here are two more interesting top 10 rankings, based on purchase price and rent price:
Frankfurt benefits from its location and proximity to many important cities. Alongside the major NRW metropolises Cologne and Dusseldorf, Bonn, the former capital of the Federal Republic, also belongs to the nearby catchment area of the Main metropolis.
Cologne: Only 1 Hour by Car
The media metropolis Cologne on the Rhine is one of the key hubs in NRW, and also in Germany, with over one million inhabitants. Due to the good economic situation, the good infrastructure, and the increasing relevance as a media city, more and more people are moving to Cologne. For about 10 years, housing prices have been rising steadily. Naturally, the areas around the city center and the inner city ring are particularly popular.
Real Estate Buy and Sell in Cologne:
Dusseldorf: Approximately 1.5 Hours by ICE
Düsseldorf is located in the heart of the federal state of North Rhine-Westphalia. The state capital is divided into several districts and is very popular among real estate buyers due to its attractive location on the Rhine. A wide range of shopping opportunities, a large selection of restaurants, and modern infrastructure ensure that Düsseldorf remains a highly sought-after city for real estate buyers. If you want to sell your property in Düsseldorf, you have the best chances of quickly completing such a sale.
Buying and selling real estate in Düsseldorf:
Investment: Real Estate in Germany
Learn more about other interesting major cities in Germany:
Tip! Our article for investors buying for the first time in Germany: