What is new? Climate, new construction and renovation

Climate policy has, of course, left a very big stamp in the agreement between the SPD, the Greens and the FDP. 177 pages of coalition agreement have now been agreed. A search for the term “climate” yields 198 hits. More than 40 pages deal with the changes for more climate protection. The big goal is climate neutrality.

For example, heating systems are to be operated with at least 65% renewable energies from 2025; regardless of whether it’s a single-family home, condominium or apartment building. Residential construction is to be massively promoted, from the current 306,000 apartments built each year to a total of 400,000 new apartments. An increase of 30.5% in residential construction. This in turn (and other tools such as the rent brake) is intended to “make housing affordable.

The most important facts at a glance: 2022 will see the…

Changes at a glance:

• New construction of 400,000 apartments / year, of which 100,000 public
• Own Ministry of Construction
• Property promotion
• Regional rent limit
• Construction industry and climate protection
• Solar panels on all roof surfaces
• Climate-neutral heat supply: Heating systems
• Charging stations (e-car) expansion

Source: Coalition agreement real estate – Immobilien-Erfahrung.de

New housing construction & building boom: +100,000 apartments annually

The new German government wants to promote a construction boom. To this end, 400,000 new homes are to be built each year, as initially described. Currently, just over 306,000 apartments are completed each year. Accordingly, the volume is to be increased by 30.5%.

Minister of Construction and Ministry of Construction

The Federal Real Estate Agency in particular is to take responsibility for this, with public investment for 100,000 apartments. But according to the coalition agreement, the new federal government wants even more, even creating its own construction ministry with its own construction minister.

Another major problem in Germany, which the German government intends to remedy, is the very long building permit procedures. These are to be simplified so that construction can / may take place more quickly, from new apartments to wind turbines.

New construction and construction ministry at a glance

The most important facts at a glance:

• Ministry of Construction and Minister of Construction
• Federal Real Estate Agency (BImA)
• Construction investments: + 30.5 % or ~94,000 apartments / year
• Building permit: Speed in construction

Rent brake: Regional limitation

One of the most important topics in the new coalition agreement is housing and construction. Rising rents in Germany’s inner cities dominate the headlines, whether online, on TV or in the newspapers. Especially in major cities like Berlin, Munich and Hamburg, affordable housing is becoming a real problem, especially for young families.

There are no signs of a change in the trend. Also your view of the rent price increase of the last years and decades does not let itself prophesy an easing. Even the European Central Bank is now demanding steps from Germany to counteract the general price increases in Germany, there is this morning on Deutschlandfunk.

Development of the rent price index for Germany

Development of the rent price index for Germany in the years from 1995 to 2020 (2015 = index 100):

You can find more statistics at Statista

As described, 400,000 apartments are to be built annually for this purpose, 100,000 of them publicly financed.

Facts about the regional rent brake

You’re probably already familiar with the rent brake from Berlin. The experiment failed, but the rent cap did not. According to the coalition agreement, there will be a regional rent cap, limited to a maximum of 3 years. The rents in this region may then rise by a maximum of 11%, previously it was 15%.

Rent control in the coalition agreement:

1. Rent limit for individual regions
2. Limited to maximum +11%
3. Limited to a maximum of 3 years / region

Promotion of ownership: Increase ownership rate

In general, ownership is to be promoted more strongly. We have already discussed the topic of owner-occupancy in detail, especially in relation to real estate as an investment (rental). Owner-occupation is the most expensive form of housing, but it is still a way of building up wealth for private individuals in the long term. Accordingly, more German citizens are to become homeowners. Primarily naturally in dwellings, finally the sealing of the land surfaces increases ever more. In Germany alone, five hectares of land are sealed every day, e.g. for parking lots, but also for new construction.

This is what the coalition agreement says:

“We want to enable more people in Germany to live in owner-occupied property”

46.5% Ownership rate in Germany

What is the situation regarding the home ownership rate in Germany?

• 2018 – 46,5%
• 2014 – 45,5%
• 2010 – 45,7%
• 2006 – 41,6%
• 2002 – 42,6%
• 1998 – 40,9%

Source: Federal Statistical Office

Solar system: use roof surfaces

Solar installations are again a big topic, for many years many subsidies are provided for it by the state. Now solar systems are to become mandatory for a large part of the construction industry.

Specifically, everything up to the coalition agreement:

“All suitable roof space to be used for solar energy in the future.”

The goals are very ambitious; by 2030, 90% of the electricity is to come from solar alone. Many areas are available for this, just think of single-story supermarkets with their flat roofs or even huge logistics centers.

“For new commercial buildings, this should be mandatory; for new residential buildings, it should become the norm.”

Currently, Germany needs a net amount of electricity produced of 220 gigawatts. Solar energy is expected to cover 200 gigawatts in the next few years.

Target: 200 gigawatts / year through electricity from the sun

Installation, whether single-family house or apartment building:

Climate-neutral heat supply: Heating systems

In the Building Energy Law (GEG), there will be the following changes: Heating systems installed after 2025 must be operated with 65% renewable energy. This will be a great challenge and at the current technical level, especially hybrid systems with solar thermal energy will have to be installed.

Tip. Read more about the “Future” here:

• Low energy house
• Solar energy for the home

In addition, there are a few more detailed changes, especially for conversions, extensions under lines.

Insulation, increasingly important in new construction:

Charging stations: Public expansion & in house

The switch to electromobility, which I have written about frequently here on the blog, will also be very interesting.

The headline is big:

15 million electric cars + 1 million charging stations

15 million electric cars will pose major challenges for the power grid. To supply all these cars with electricity, the German charging network is to be expanded to 1 million charging stations.

Of course, not all charging stations will be public; a large proportion will be installed primarily in houses and garages, carports and underground garages. Fast-charging stations are already being installed in more and more underground garages. According to the current state of technology, electric cars can be recharged in about 30 minutes.

The interesting thing is that in the future, electric cars could be part of the power grid. As decentralized electricity storage. If we increasingly go to solar energy, energy from wind power and hydropower, then energy is not always available in the same amount. We also can’t ramp up a power plant. The batteries of electric cars could be for decentralized storage for our cities in the future.

No tax increases: Top tax rate remains the same

Finally, something good, for all property owners who also rent, the top tax rate was not touched. Nor were there any other tax increases.

Hamburg most expensive streets: Große Elbstraße to Schöne Aussicht

Strong economy, sea air, international orientation – all this makes Hamburg in the north of Germany. Hamburg has its very own charm, shaped by its unique history, maritime shipping and the many international residents from all corners of Europe. It is not only home to families, students and entrepreneurs, but also to famous faces from the worlds of film, television, music and sport. This, of course, makes the Hanseatic city’s real estate market particularly attractive. So anyone who owns a property in Hamburg can consider themselves very lucky.

Overview: Most expensive streets in Hamburg and location summarized

Before we want to go into the most expensive streets in Hamburg with information such as location and prices per square meter: Here is an overview of the most expensive streets with the associated district. The purchase prices for real estate here range on average between 10,000 and 16,000 euros per square metre.

• Am Kaiserkai – HafenCity
• Mittelweg – Harvestehude
• Strandkai – HafenCity
• Bellevue – Winterhude
• Elbchaussee – Elbvororte
• Große Elbstraße – Port edge
• Harvestehuder Weg – Harvestehude
• Beautiful view – Uhlenhorst

Am Kaiserkai: HafenCity Hamburg

Am Kaiserkai is like most expensive streets in Hamburg in the immediate vicinity of the Elbe. Located in the modern HafenCity, Kaiserkai borders directly on the equally expensive Strandkai district. The good 500m long street is lined with innovative modern real estate on both sides and right behind the buildings you step onto the banks of the Elbe on both sides. To one side the Gradbrookhafen and to the other side the Sandtorhafen the street at the Kaiserkai is surrounded on both sides by the Elbe.

The price per square meter here is up to:

Maximum prices up to 12.000 € / m²

Here in the street Am Kaiserkai you will find top adresses like:

• McKinsey
• Elbphilharmonie

Am Kaiserkai in Hamburg (Map):

Mittelweg: Buying property in Harvestehude

Mittelweg in Hamburg stretches for just under 2km parallel to the Außenalster lake in the popular Hamburg Harvestehude district. The proximity to the banks of the Alster and Alsterpark, as well as the immediate vicinity of the university campus in Rotherbaum, make Mittelweg a particularly popular area. Eichenpark and Bolivarpark, as well as the tennis stadium, can also be reached from Mittelweg within a very short time. Anyone wishing to live here or buy a property should expect to pay around €10,000 per square metre.

The price per square meter here is up to:

Maximum prices up to 10.000 € / m²

Here in Mittelweg you will find top adresses like:

• University for Music and Theatre
• Park Planten and Blomen

Mittelweg in Hamburg (map):

Strandkai: Living near Elbphilharmonie & HafenCity

Strandkai is more of a small district than an actual street and is located directly in the modern and hip HafenCity district in Hamburg. In the immediate vicinity you will find architectural highlights such as the Elbphilharmonie Concert Hall or the unique luxury residential tower The Crown. With its direct location on the North Elbe, Strandkai is an absolute prime location that is extremely popular with private and business investors. Hence the high prices: For real estate on Strandkai, one must expect a purchase price of approximately 12,000 euros per square meter.

The price per square meter here is up to:

Maximum prices up to 12.000 € / m²

Here at Strandkai you will find top adresses like:

• Hamburg beach harbour
• Unilever
• Marco Polo Tower

Strandkai in Hamburg (map):

Bellevue: Exclusive living directly on the Alster lake

The street Bellevue is located in the popular Hamburg district of Winterhude and, like many of the most expensive streets in Hamburg, is situated directly on the Außenalster. The just under 1km long street in the north of Hamburg is in direct proximity to other exquisite Hanseatic residential locations such as the street Schöne Aussicht or even Harvestehuder Weg on the other side of the Alster. The quiet and directly on the banks of the Alster located properties offer extreme proximity to nature and water and are therefore quite expensive. When buying a property here, you should expect a purchase price of around €12,000 per square metre.

The price per square meter here is up to:

Maximum prices up to 12.000 € / m²

Here in the street Bellevue you will find top adresses like:

• Remote View Bridge
• Sylt Bohemia

Bellevue in Hamburg (Map):

Elbchaussee: Elbvororte with dreamlike real estate

The Elbchaussee is with a length of about 9km one of the longest streets in Hamburg. It leads to a large part along the banks of the Elbe, for example also along the Elbstrand. It also passes the Hirschpark, the Rosengarten and the Heinepark and ends at one end at the Altona fish market. The Elbchaussee runs through the districts of Altona, Othmarschen, Nienstedten and Dockenhuden and borders on Blankenese. Due to its location, the Elbchaussee is one of the most popular and therefore most expensive streets in Hamburg. Anyone wishing to sell or buy a property in Hamburg can expect to pay around 12,000 euros per square metre.

The price per square meter here is up to:

Maximum prices up to 12.000 € / m²

Here in the Elbchaussee you will find top adresses like:

• Elbe Beach
• Altona Park
• Beach pearl Hamburg
• Museum harbour

Elbchaussee in Hamburg (map):

Große Elbstraße: Real estate located on the edge of the harbour

The Große Elbstraße is a real prime location in the Hanseatic city. The immediate proximity to the Alster and the Altona fish market make the Große Elbstraße one of the most popular and, above all, most expensive streets in Hamburg. Located in the popular districts of Ottensen and Altona-Altstadt, Große Elbstraße stretches for almost 2km along the Elbe. Lined on one side by many parking areas and on the other by the banks of the Elbe, Große Elbstraße runs through residential properties, offices and restaurants. The lookout point at Dockland can also be found here, as well as the ferry pier “Altona (Fischmarkt)”. Property prices here are around €15,000 per square metre.

The price per square meter here is up to:

Maximum prices up to 15.000 € / m²

Here in the Große Elbstraße you will find top adresses like:

• Hamburg Cruise Center
• Fish Market
• Opera loft in the old ferry terminal

Große Elbstraße in Hamburg (map):

Harvestehuder Weg: Most expensive street in Hamburg

Enclosed by the Aussen-Alster and the Isebekanal is the district Harvestehude in the district Eimsbüttel. Harvestehuder Weg is also located here, which runs along the banks of the Alster and Alsterpark for a distance of around 1.5 km. Property prices here are up to around €16,000 per square metre. This makes Harvestehuder Weg currently the most expensive street in the whole of Hamburg. This is one of the most popular areas of Hamburg, as another expensive street – Mittelweg – runs directly parallel to Harvestehuder Weg.

The price per square meter here is up to:

Maximum prices up to 16.000 € / m²

Here in Harvestehuder Weg you will find top adresses like:

• University for Music and Theatre
• JOOP! showroom Hamburg

Harvestehuder Weg in Hamburg (map):

Beautiful view: Exclusive residential area

Schöne Aussicht is also one of the most expensive streets in Hamburg and runs directly along the banks of the Außenalster – so the name says it all! Green banks of the Alster and a panorama of the opposite side of the Alster make this street particularly idyllic, and in addition to event locations, exclusive properties can also be found here. Modern and historic properties with partly large garden plots and a view of the Outer Alster stretch for almost 1 km. You should calculate here with a purchase price of about 12,000 euros per square metre,

Incidentally, two other very exclusive locations in Hamburg, Mittelweg and Harvestehuder Weg run along the opposite bank of the Außenalster in the immediate vicinity. Uhlenhorst and Harvestehude are thus among the most expensive and popular districts in Hamburg.

The price per square meter here is up to:

Maximum prices up to 12.000 € / m²

Here in the street Schöne Aussicht you will find top adresses like:

• Senate Guest House
• Alsterpark

Beautiful view in Hamburg (Map):

Tips & Tricks Real Estate Hamburg: Live or sell

Whether you are looking for a new place to live or want to sell your own property, Hamburg’s real estate market is highly competitive and demands caution and prudence from all parties. In the following articles you will find more information on popular districts, living in Hamburg, as well as on the topic of selling property in Hamburg.

Selling real estate Hamburg: Real estate market, standard of living & Co.

More and more people want to live in the Nordic metropolis of Hamburg. The high standard of living, the flourishing economy and the diverse real estate market make the city an attractive place to live. And the individual districts also have a lot to offer. While Othmarschen and Rotherbaum impress with their historical charm, the residential areas of Blankensee and Rissen inspire with their views of the Elbe. And the modern Hafen City and the progressive Harvestehude also enjoy great popularity. Do you want to sell your apartment, your apartment building or your own property here? With our free guides on selling real estate in Munich, you’ll be well prepared. Plus: Everything you need to know about property valuation, estate agents & the process – Welcome to Hamburg! Click here to go back to the overview: Real Estate Hamburg.

• Sell real estate Hamburg

Living in Hamburg: Popular districts, catchment areas and more

The Hanseatic city, Germany’s pearl in the north, is full of life and forms a centre for business and lifestyle. This attracts people, as has also been shown recently, because Hamburg could record a population growth of more than 7% within 6 years. Of course, more people also demand more living space, which is why we will introduce you to the most exclusive and beautiful residential areas here, so that you can definitely find a property that meets your requirements. You can also find an overview here: Real Estate Hamburg.

• Living in Hamburg

Living in Germany: Ultimate city guide

Real estate prices in Germany continue to rise, which means that more and more people are considering a house or an apartment as an investment. However, real estate as an investment in Germany is not as popular as it is in the US, even though it is a safer option to invest money than areas such as the stock market, especially in times of financial market crises.

Real estate as an investment: Hamburg, Berlin, Munich & Co.

If you want to dive deeper into a city directly, these posts will help you out:

• Living in Berlin
• Living in Hamburg
• Living in Munich
• Living in Frankfurt
• Living in Düsseldorf
• Living in Cologne

Where is the best place to invest in Germany?

If you are concerned about putting your money into real estate for the reasons mentioned above, it makes sense to think about which city and especially which neighborhoods have potential growth ahead of them. On the other hand, you can also play it safe and go back to tried and true neighborhoods. As an investor, it definitely pays to focus on safe neighborhoods, while investors look more to outlying areas and a city’s suburbs. We have more information on real estate as an investment for you here:

• Investment real estate
• Capital investment in Germany

Berlin: Real estate in the trendy Kreuzberg district and the Dahlem villa area

As the German capital, thousands of people are drawn to the metropolis on the Spree every day to work, study and go out. For this reason, an apartment here is particularly worthwhile. Living in the metropolis is also something very special. Because Berlin radiates an atmosphere that no other German city has. The public is international and the size of the city ensures that each neighborhood brings its own atmosphere. You can feel the city’s deep-seated history and the diversity of its inhabitants in every corner.

• Population: 3,669,491 inhabitants
• Area: 891,68 km²

Purchase prices houses: 4.000 €/m²

Purchase prices apartments: 4,500 €/m²

Cultural wealth spread across 12 Berlin neighborhoods

While Kurfürstendamm is home to exclusive luxury shops, Hackesche Märkte offers boutiques of individual, local designers. Wedding, on the other hand, is filled with second-hand shops where you can find real treasures. But of course, the diversity is not only expressed through shopping opportunities.

Berlin’s job market is also diverse and offers everything you can imagine, from start-ups to corporate jobs. Berlin is also home to Germany’s largest university and boasts a total of 39 universities and colleges where you can study everything from architecture to art to economics.

Berlin is especially known for its many sights, such as the Brandenburg Gate, the East Side Gallery with parts of the Berlin Wall, the Cathedral and Potsdamer Platz. Berlin is also a hive of activity at night, with world-renowned clubs such as Berghain and many other bars and discos dotted around the city. Also the Bundestag, the center of German politics is worth a visit.

Just take a look around the neighborhoods of Berlin and convince yourself of the extraordinary possibilities. Let yourself be convinced by the city attractions that are popular with tourists and Berliners alike:

Most expensive residential area and best cafés in Kreuzberg, Charlottenburg and Co.

Many different aspects play a role in the search for the perfect residential area. On the one hand, the apartment prices, on the other hand, the environment itself. That’s why we would like to give you a brief overview of what to expect in each neighbourhood. You can find everything else on our overview page:

• Living in Berlin
• Real estate in Berlin

But as promised, we don’t want to withhold the special features of different neighborhoods either. That’s what makes the neighborhoods:

• Friedrichshain: Home of Berlin’s best cafés
• Mitte: Home to the most expensive residential locations, such as Pariser Platz
• Charlottenburg-Wilmersdorf: Home of the most beautiful old buildings
• Kreuzberg: home to the most historical monuments
• Dahlem: Home of most luxury villas

Hamburg: Luxury apartments in HafenCity, Winterhude and villas in Blankenese

Hamburg my pearl – luxury is written large in the Hanseatic city. Accordingly, the real estate prices are high, which have risen constantly in recent years. For this reason, the megacity is very well suited as a place for a real estate investment. Builders of large residential projects have also discovered the Hanseatic city for themselves and so in recent years, luxurious housing projects such as the area HafenCity. The luxury apartments on the Elbe are incomparable and come close to no project that German cities have seen in recent years.

• Population: 1,899,160 inhabitants
• Area: 755.22 km²

Purchase prices apartments: 4,500 €/m²

Small districts with great potential in Hamburg

Unlike Berlin, for example, Hamburg is divided into many small districts, each of which has its own personal charm. Due to the Elbe and Alster rivers, the city is repeatedly interrupted by the river, which leads to incredibly popular residential locations directly on the water, which mostly also guarantee a beautiful view.

In Hamburg, it seems, there is a greater distinction between living, working and going out than in other cities, whether this is also due to the fact that the city is divided into a total of 104 districts, although the area itself is smaller than Berlin, remains open. But it is certain that the city is not behind the capital, neither in real estate prices, nor in Ausgehmöglichkeiten.

Hamburg’s city centre and St. Pauli are the parts of the city that never sleep. During the day you can shop here, buy groceries or, especially in St. Pauli, simply explore the lively district in peace.

However, if you want to know where the best places to live are and what makes each district special, then we have the perfect article for you. Here you’ll find everything you need to know about the districts that are best for real estate investment:

• Living in Hamburg
• Real estate in Hamburg

The 5 most popular spots in Hamburg: HafenCity, Harvestehude and Co.

HafenCity, downtown, Harvestehude and more definitely have a few well-known and also lesser-known places to explore. If you want to go further out of the city, you can of course also check out the famous Treppenviertel in Blankenese. While you’re there, take a look around the luxurious villas and see who wouldn’t want to spend the rest of their lives here.

• Landing Bridges
• Speicherstadt
• City Hall
• Sternschanze
• Alsterpark

Munich: luxury apartments in Germany’s most expensive city

Those who long for luxury will not have to look far in Munich, because only the elite congregate here. Purchase prices for real estate are correspondingly high. It is therefore not surprising that the Bavarian capital is home to the most expensive German residential area, the Glockenviertel. Munich is interesting for all those who want to invest their money in real estate, especially because the residents of the city repeatedly demonstrate a high willingness to pay for rental apartments.

• Population: 1,484,266 inhabitants
• Area: 310.7 km²

Purchase prices apartments: 7,950 €/m²

Best residential locations around Munich city centre

When looking at property prices in Munich, it quickly becomes clear that the most popular locations are clearly around the city centre. Especially when it comes to residential solutions such as loft apartments or penthouse apartments. In the districts around the city centre, Munich residents are prepared to spend huge sums on the perfect apartment. The student districts of Maxvorstadt and Ludwigsvorstadt-Isarvorstadt are particularly popular with wealthy citizens.

If you are looking for the ultimate in luxury, you won’t have to go far out of town in Munich either. While in Hamburg the villas can be found in the Elbe suburbs, in Munich you can find them in the villa colonies around the Nymphenburg Palace. Properties in this area are mainly found off-market. Therefore, working with an estate agent is particularly worthwhile here.

Want to learn more about the real estate market, life and the most popular neighborhoods in Munich? Then take a look here:

• Living in Munich
• Real estate in Munich

Theresienhöhe, Maxvorstadt and Co.: Munich districts during Oktoberfest

The Oktoberfest in September every year always attracts thousands of party animals. The Bavarian capital goes into a state of emergency and those Munich residents who do not join in the celebrations prefer to leave the city for the duration of the festival. The beer flows in masses and again and again one hears of confrontations between guests and the police. While these sound like absolute horror stories, of course not the entire city is affected.

Of course, tourism is much higher than normal during this time, which brings many visitors to the city centre. This increase in population is noticeable around the city centre and bars and pubs are more crowded than usual, but in most residential areas you don’t have to worry too much.

Especially Nymphenburg and Ludwigvorstadt-Isarvorstadt, as well as Schwabing-West are hardly affected by the festivities and remain quiet as usual. Of course, the Oktoberfest also opens up opportunities for short-term rentals of your property, so it’s definitely not all bad. You can catch a closer look at the area around Theresienwiese here:

Frankfurt: Loft apartments and high-rise buildings

The banking city on the Main offers some beautiful areas and great luxury apartments. Frankfurt is part of the Rhine-Main region, a picturesque area just minutes from the big city. Especially the proximity to the Taunus and the wealthy Bad Homburg make the city additionally attractive. Frankfurt also features a fascinating skyline and a jaunty mix of new construction projects and old buildings. The new luxury apartments being built here are particularly sought after.

Living in the Main metropolis: modern real estate with a view

Only recently has the city been discovered by developers, resulting in many newly developed districts with incomparable luxury apartments. If you are thinking about investing in real estate, the city on the Main is the place to be. More about Frankfurt and its most exclusive districts here:

• Living in Frankfurt
• Real estate in Frankfurt

Purchase prices apartments: 5,800 €/m²

One example of a popular district in Frankfurt is Westend-Süd, where commercial and residential buildings steal each other’s thunder.

Westend-Süd: Luxury apartments right on the pulse of the city

Together with the city centre, the Westend is the district where life happens in Frankfurt. Banks, consulting firms and a host of other employers are located here, attracting thousands of commuters to the city every day. For this reason, the demand for housing is particularly high here. This is reflected in the many new construction projects that the district has seen in recent years.

If you are looking for proximity to the city centre and a business atmosphere, you will find it in the Westend, see for yourself:

Düsseldorf: Luxury living solutions in Oberkassel and more

The art capital of Germany is probably Düsseldorf. This is also reflected in the cityscape, as impressive old buildings and pompous city villas characterise the real estate market of the medium-sized city. Especially in recent years, Düsseldorf has been able to gain in popularity and convinces investors and people looking for a property as an investment with affordable housing prices compared to previous cities and a beautiful living environment.

How to live in Düsseldorf – going out, shopping and more

If you want to know more about Düsseldorf as a city and especially everything about the most popular residential areas and where it is worth investing in real estate, then take a look here, where we tell you where you can find the best cafés, visit the most beautiful museums and everything you need to know about the city:

• Living in Düsseldorf
• Real estate in Düsseldorf

Purchase prices apartments: 3,900 €/m²

The most exclusive residential area in Düsseldorf is undoubtedly Oberkassel, which we do not want to deprive you of.

Oberkassel: exclusive city villas with river view

The popular Düsseldorf district of Oberkasel is separated from Düsseldorf’s old town by the Rhine. This circumstance leads to impressive residential locations with views over the beautiful city in the Rhineland. Anyone who thinks highly of themselves buys a property in Düsseldorf. The willingness of residents to pay is correspondingly high. If you want to buy a property that holds its value, then take a look around Oberkassel:

Cologne: Luxury villas in Hahnwald and real estate in Südstadt

The carnival stronghold on the Rhine is not only worth a visit during the festive season, but also attracts thousands every year with its rich educational offerings and diverse job market. Cologne is also notorious as a media city and is the home of film, television and modern media solutions.

Housing options around two green belts

The compressed city core offers a lot of housing options, but the really exclusive locations are to be found a bit further out of the city. That’s why we’ve put together a little guide to the best places to live and where your money is best spent:

• Living in Cologne
• Real estate in Cologne

Purchase prices apartments: 4,000 €/m²

If you want to experience Cologne in its full splendour, head for the Südstadt, more on that straight away!

Südstadt: urban quarter with luxury apartments

Cologne’s Südstadt not only showcases the true core of Cologne, but the area is also popular with young and old to live in. The reason for this is the inviting streets, which are filled with life all year round. During semester times, students from the Technical University can be found here, attracted by the cool street cafés and the pleasant flair of Südstadt.

Take a virtual walk through the streets of the southern city and let yourself be infected by the spirit: