Düsseldorf | Lukinski https://lukinski.com Sat, 01 Aug 2026 17:33:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.11 Apartment building Buy yes / no?! The fastest Rating in the world (also works for apartments) https://lukinski.com/apartment-building-buy-yes-no-fastest-rating-world-apartments/ Sun, 11 May 2025 08:30:12 +0000 https://lukinski.de/buying-an-apartment-building-yes-no-the-fastest-valuation-in-the-world-also-works-for-apartments/ You hear from an acquaintance that an Apartment building for sale is up for sale? Then you want to know quickly: Is the purchase worth it or not? With a few simple numbers, you can check this yourself in just a few minutes (Quickly evaluate an apartment building) – without an appraiser or real estate agent. What do you need? Address, purchase price, annual net cold rent (JNKM), renovation status, rental status, rental growth potential – let’s go! More videos? 👉 Subscribe to me on YouTube x Lukinski Immobilien.

Valuing an apartment building in under 5 minutes

Let’s start with a case that could happen to you today:

Imagine a friend sitting next to you in the café and saying: “Someone wants to sell an apartment building in this street, I knew the old lady, her son is taking care of it now. I’ll ask around for you.” The next day you get the numbers via WhatsApp: 240,000 euros in annual rent, the purchase price should be 8.5 million, A-location. Sounds exciting – but is this really a good deal?

It’s important to note: you only need two numbers in the first step – the purchase price (PP) and the annual net cold rent (ANCR). With these, you can immediately calculate the price factor and the gross rental yield. Both are the most important key figures to determine whether an investment can even be sensible.

Free calculators for your quick evaluation

Whether it’s return or purchase price factor – use my free real estate calculators on Immobilien Guru or directly the purchase price factor calculator.

Stream it for free here – the fastest real estate rating in the world! More videos? 👉 Follow me on YouTube x Lukinski Immobilien.

Calculate purchase price factor and gross return

Example:

  • Purchase price: 8,500,000 €
  • JNKM: 240,000 €

Start now:

Purchase price factor = purchase price / JNKM = 8,500,000 / 240,000 = 35.4

An purchase price factor of 35 means: It takes over 35 years until you have earned back the purchase price through rental income – without costs, without interest, without risk.

Calculate gross rental yield

Return = Annual rental income / Purchase price = 240,000 / 8,500,000 = 2.8 %

At first glance, it sounds okay – but this is the gross return. After costs, significantly less remains. More on this shortly.

Purchase price factor by location – understanding the range

A factor of 35 is not always bad – and a factor of 18 is not always good. Here are the typical ranges:

Location Typical Factor Gross Yield Strategy
A-location (Munich, Berlin-Mitte, Hamburg) 28–38 2.6–3.6 % Appreciation
A-location outskirts / B-cities 22–28 3.6–4.5 % Mix
B-location 17–22 4.5–5.9 % Cashflow + slight appreciation
C-location 12–17 5.9–8.3 % Pure Cashflow

The magic threshold: why calculations start only from ~5.5 % gross yield

If you’re working with debt capital – and that’s almost everyone – you need to account for the ongoing costs. Here’s the honest breakdown:

What really eats into your return?

  • Interest: currently about 3.5 % p.a. on the loan amount
  • Maintenance: 1.0 % (new build) up to 4.0 % (unsanitized old building) – rule of thumb average: 2.0 %
  • Management: 250–350 € per residential unit p.a. (about 0.3–0.5 % of the purchase price)
  • Rent default allowance: 2 % of the JNKM (vacancy, rent nomads)
  • Amortization: 1–3 % – this is not a loss, but asset building

Rule of thumb: Only from a gross return over 5.5 % does the object cover itself. At 2.8 % you pay every month – even with full rental income.

Gross vs. Net – the crucial difference

Example on a 4 million € purchase price with 240,000 € JNKM (= 6 % gross):

  • Gross rental income: 240,000 €
  • – Maintenance 2 %: −80,000 €
  • – Management: −10.000 €
  • – Vacant rate 2 %: −4.800 €
  • = Gross rental income: approx. 145.000 €
  • Gross rental return: 145.000 / 4.000.000 = 3,6 %

From 6 % gross, you quickly end up with 3,6 % net. This number belongs in every pitch.

How much should you pay at most?

Turn the formula around. You want at least 6 % gross return?

Maximum purchase price = JNKM / desired return = 240.000 / 0,06 = 4.000.000 €

At 6 %, the object should cost at most 4 million €. At 8 %, even only 3 million €.

Example: You want 8 %

Purchase price = 240.000 / 0,08 = 3.000.000 €

Anything above that is not financially attractive – or you have to negotiate the purchase price down.

Purchase ancillary costs – the forgotten factor

Attention: The pure purchase price is never the final price. For an apartment building, purchase ancillary costs of 8–12 % are added on top:

  • Land transfer tax: 3,5 % (Bavaria) up to 6,5 % (North Rhine-Westphalia, Brandenburg)
  • Notary + Land Registry: approx. 1.5–2.0 %
  • Real estate agent commission: 0–7.14 % (negotiable, often split)

With a purchase price of 4 Mio. €, you realistically need to plan for a capital investment of 4.3–4.5 Mio. €. These additional costs further reduce your return by approximately 0.3–0.5 percentage points.

Cashflow Reality Check – what remains at the end of the month?

Quick calculation for a MFH for 4 Mio. € with 80 % financing:

  • Equity (20 % + additional costs): approx. 1.2 Mio. €
  • Loan: 3.2 Mio. € → Interest 3.5 % + repayment 2 % = 5.5 % annuity
  • Annual annuity: 176,000 €
  • Annual net rental income: approx. 145,000 €
  • Operational cash flow: −31,000 € p.a. (before tax, before depreciation)
  • After depreciation (2 %) and tax advantage: usually ±0 or slightly positive

Insight: Even with a 6 % gross return, the deal is often only “black zero” in the first few years. Wealth building occurs through repayment + appreciation, not through cash flow.

Rent increase potential – the hidden lever

A factor of 30 can be a top deal – if the rents are 30% below market level. This is very common in older stock with long-term tenants.

Example: 240,000 € JNKM today, market rent would be 320,000 €. After a tenant change and modernization, the return increases from 2.8% to 3.8% – and so does the market value. This is the King’s discipline: buy, improve, rent out, hold.

Therefore, always ask:

  • How old are the rental agreements? (Index rent? Seasonal rent?)
  • How far below the rent index are the rents?
  • Is there modernization potential (§ 559 BGB rent increase after modernization)?
  • What is the local comparable rent?

Checklist: Which numbers do you ask the seller?

Before you make an offer – you need to know these points:

  • ✅ Purchase price + presentation of negotiation room
  • ✅ JNKM – breakdown per unit (target and actual rent)
  • ✅ Living and usable area in m² (total + per unit)
  • ✅ Year of construction + last major renovation
  • ✅ Energy certificate (efficiency class, final energy demand)
  • ✅ Heating system (type, year of construction, GEG compliance)
  • ✅ Roof + facade (condition, last renovation)
  • ✅ Tenant structure (rental period, age, social situation)
  • ✅ Vacancy currently + last 3 years
  • ✅ Reserve fund for maintenance (if available)
  • ✅ Land register extract (encumbrances, easements, right of way)
  • ✅ Standard land value + land size
  • ✅ Ground rent? (a critical factor for many buyers)

Are 8.5 million a good deal? Income-generating property vs. investment property

On immobilien-erfahrung.de, I have elaborated extensively on this topic: Difference between Return and Investment Real Estate.

The difference lies in the focus: With a return property, what matters is what comes into your account monthly – positive cash flow through rental income, usually in B-locations and C-locations. With an investment property, you rely on long-term appreciation and sale proceeds – usually in A-locations like Berlin, Cologne, Dusseldorf, Hamburg, Munich.

Do you want cash right away? Option 1 brings you ongoing income. Do you want more cash in the long term? Option 2 requires patience, capital, and market knowledge – in return, a big profit is possible later (and possibly tax-free after 10 years).

Even better:

If you buy in a prime location at a low price and renovate: Cashflow + Longterm Cash = Top class. Buy, renovate, increase rent, benefit from appreciation.

FAQ – the most common questions about the MFH quick valuation

At what purchase price factor does an apartment building become worthwhile?

As a rough rule of thumb: A factor below 20 is classic cashflow territory, 20–25 is a mixed calculation, above 25 you need to invest subst

]]> Metropolises in Germany: Berlin, Hamburg, Munich & Co. – Lukinski Rating https://lukinski.com/metropolises-in-germany-berlin-hamburg-munich-co-lukinski-rating/ Sun, 29 Aug 2021 13:33:04 +0000 https://lukinski.de/metropolises-in-germany-berlin-hamburg-munich-co-lukinski-rating/ Lukinski Rating for Metropolises in Germany – Here you will find all 17 metropolises with more than 500,000 inhabitants. You should definitely avoid the top 8 for your first investment, because there are no or only very difficult returns to get here. Berlin, Hamburg, Munich & Co. Here you will find the individual evaluation for cities in Germany, over 500,000 inhabitants.

Metropolises in Germany: Rating

Tip: Here you can also find large cities and towns. Click here to go back to the overview: Real Estate Lage | Lukinski Rating.

List: Attractiveness of location / metropolises

List of all 17 metropolitan areas (over 500,000 inhabitants), sorted alphabetically. You can take the exact rating to compare the column “Value”. The general rating can be found under “Grade”. “Short term” refers to the trend of the last 10 years, long term considers the last 30 years.

City BL Rating
Note Value Short Term Long-term
Berlin BE B+ 5,8 A- B+
Hamburg HA B+ 6 A+ B-
Munich BA A+ 11,9 A+ A+
Cologne NRW A 8,7 A+ A
Frankfurt am Main HE A+ 12,6 A+ A+
Stuttgart BW B+ 5,2 A B-
Düsseldorf NRW B+ 5,8 A B+
Leipzig SA A+ 13,1 A+ A+
Dortmund NRW C- 0,2 D- C
Food NRW D- -1,7 D- C
Bremen BR B- 3,2 C+ B-
Dresden SA A 7,9 A+ B+
Hanover NS C+ 2,7 B- C+
Nuremberg BA C+ 2,7 B C

Germany Rating: Capital Investment Location Comparison

Current Lukinski Ratings:

Large cities (67) up to 500,000 inhabitants

Often more interesting than the metropolises, the numerous big cities in Germany. From east (Leipzig) to west (Bonn), north (Rostock) and south (Nuremberg). Here you will find good yield properties with A and B ratings.

Cities up to 100,000 inhabitants

Your advantage in cities between 40,000 to 100,000 inhabitants? You have less national and international competition. Especially if you live locally, a good strategic advantage, even for real estate newcomers. What’s your city’s rating? Find out here:

A / A+ Ratings: Hidden Champions

A / A+ ratings means fairly secure performance. Perfect for investment properties with low yield but high, later resale value. At the same time a strong inflation protection. However, in metropolises like Munich, nothing for real estate beginners without sufficient equity.

B- / B / B+ Ratings

All B ratings show cities with solid development. Here you can also find yield properties that immediately provide income that covers your monthly burdens around repayment, interest and maintenance. Ideally with additional extra, for active asset accumulation.

C- / C / C+ Ratings

All C ratings show cities with lower growth rates. Here, real estate as an investment should be treated with caution, because the vacancy risk is greater. This means that you pay more for every month in which your property is not rented out. In addition, the increase in value of the property is very low, to hardly available.

D- / D Ratings: Risk Champions

D-rated cities have high risk, because their entire structure is extremely stagnant or even reduced. Economy, inhabitants, infrastructure, these are all indicators. D-Ratings are definitely not for beginners. Here you need not only experience, but also very good local knowledge to find the few, profitable properties. However, you will hardly ever experience an increase in value here.

]]> Living in Golzheim (Düsseldorf): Investing in high-quality real estate in ideal surroundings – square metre prices for apartments, houses & Co. https://lukinski.com/living-in-golzheim-duesseldorf-investing-in-high-quality-real-estate-in-ideal-surroundings-square-metre-prices-for-apartments-houses-co/ Wed, 23 Jun 2021 13:09:11 +0000 https://lukinski.de/living-in-golzheim-duesseldorf-investing-in-high-quality-real-estate-in-ideal-surroundings-square-metre-prices-for-apartments-houses-co/ Living in Golzheim – A new job brings you to Düsseldorf? Then Golzheim could be your residential area! Because here you will find high-quality properties for singles, couples and families in the best new buildings in the city. Fast connections, a view of the Rhine and parks are also offered to you here. Would you like to invest in a property in Golzheim as a capital investment? Buy a house, buy an apartment or buy a plot of land? Find out everything you need to know about living in Düsseldorf, the most popular corners and an overview of all prices per square metre – Welcome to Golzheim! Back to: Living in Düsseldorf.

Living in Golzheim

The district of Düsseldorf Golzheim is a popular neighborhood in Düsseldorf and is located directly on the Rhine. The district is located above the city centre and lies on the eastern side of the Rhine. North of the district you can find the Japanese Garden and the Nord

Welcome to Düsseldorf

Düsseldorf in North Rhine-Westphalia is the city of art and has a lot to offer. From luxury shopping to cultural offerings, there are many options to pass the time in the city on the Rhine. But also the job market is diverse and appealing. The people of Düsseldorf are gallant and educated, which is why many move here for professional reasons. Others come to Düsseldorf because the city’s historic charm appeals to them. And with the famous Königsallee, this is home to one of the most important shopping streets in Europe and therefore also one of the most expensive streets in Düsseldorf! Whatever your reasons, we’ll tell you where to find the best properties to live in or invest in. The capital of NRW is located in the heart of NRW between the Ruhr area and the city of Cologne. The Rhine flows through the middle of the city.

Golzheim: Map & Location

Cecilienallee and Rotterdamer Straße run along the banks of the Rhine. From here you can admire the green space opposite and also have an optimal view over the Rhine. You don’t have to do without good connections in Golzheim either, because a whole three stations connect the district with the rest of the city, and that’s just the subway connection. Even the nightlife and gastronomy do not stand still here, because business professionals attracted by the job market of the city go out here.

Places of interest: Rhine Park, War Memorial & Co.

The district of Düsseldorf-Golzheim is a very beautiful and popular neighbourhood on the Rhine and has an ideal location close to the city centre. In particular, Golzheim has many green spaces to offer, such as the Rhine Park and the dog run on the Rhine. The famous Hilton Hotel can also be seen in this popular part of Düsseldorf. If you would like to visit something, the historic war memorial is especially recommended. Also worth a walk: The most expensive streets in Düsseldorf! These are not only here at home, but also inspire with their unique architecture and timeless elegant flair.

  • Hilton Düsseldorf
  • Playground at the Rhine Park
  • Rhine Park Golzheim
  • Dog run Rhine Park
  • War memorial

Sightseeing: Tour through the most beautiful corners of Golzheim

The district opposite Niederkassel, another popular real estate location in Düsseldorf, is directly from the trade fair and offers a location to many, large auditors and institutions of national relevance. Green spaces and parks can also be quickly reached from here. We will show you what else awaits you in Golzheim in a moment.

Rheinpark Golzheim: Pure nature away from the hustle and bustle of the big city

Old building apartment, loft & apartment building: Golzheim residential area

Karl-Arnold-Platz: Popular residential and working area

Real estate & prices per square metre in Golzheim

Whether an exclusive villa, spacious detached house or luxurious penthouse with a view over the city – some of the most popular residential complexes in the city can be found in Golzheim. The Weiße Siedlung in the north of the district is particularly attractive with its historic architecture and many mansions from past decades. Anyone who can afford a property here can enjoy a very good property as an investment. Here you can now find out everything about the various prices per square metre in Düsseldorf Golzheim.

  • Buy a house (existing): 8,312 €/ sqm
  • Buy a house (new construction): 4,100 €/ sqm
  • Buy apartment (existing): 5,572 €/ sqm
  • Buy apartment (new building): 6.432 €/ sqm

Conclusion: Living in Golzheim

Especially in recent years, the streetscape of Golzheim has changed not insignificantly. Modern new buildings offer office space as well as hotels and, above all, luxury apartments. The district’s proximity to the trade fair centre in particular has helped it to become popular and ensures that there are quick connections to the city centre and the rest of Düsseldorf. Living space in Düsseldorf is scarce and sought-after. This is also reflected in the real estate prices in Düsseldorf. Our tip: Contact the real estate agent you trust! An experienced real estate agent will not only support you during the purchase process, but will also advise you on the topics of taxes and financing.

Düsseldorf: Real estate in the metropolis on the Rhine

Düsseldorf has a fascinating attraction. Although the Rhine metropolis Cologne is only a few minutes away, you can find the big luxury boutiques, international companies, advertising agencies and many other interesting industries here. The fashion industry in particular has made Düsseldorf a very international, stylish location. If you are looking for beautiful real estate here, maybe even luxury real estate, you will find it.

Real estate in Düsseldorf

Düsseldorf stands for luxury, shopping and an internationally positioned local economy. High-fashion companies have their headquarters here, but also the state government of NRW. The Düsseldorf real estate market is therefore highly sought after. The city is located in the heart of the state of North Rhine-Westphalia. The state capital is divided into several districts and is very popular with property buyers due to its charming location on the Rhine.

Living in Düsseldorf: Popular districts & residential areas

With just under 640,000, Düsseldorf is one of the largest cities in the Rhineland and home to Germany’s third largest airport, after Munich and Frankfurt. With its authentic charm, the city attracts businesses from all over the world. This international audience not only demands places to go out and work, but is also always on the lookout for the right apartments. Whether it’s the Old Town, Oberkassel or Golzheim – everything about the city’s most popular residential areas and the most expensive streets in Düsseldorf, including tips on location, property prices in Düsseldorf & Co. To the overview: Living in Düsseldorf.

House, apartment and land for sale in Düsseldorf

Diverse shopping opportunities, a wide range of restaurants and the modern infrastructure make Düsseldorf a permanently sought-after city for real estate buyers. Would you like to sell your apartment, your property or your apartment building here? Whether historic Old Town, luxurious Pempelfort, exclusive Carlstadt, magnificent Oberkassel or sought-after Golzheim – with our guides to the sales process, property valuation and the most important documents, you are very well prepared for your property sale. To the overview: Selling real estate in Düsseldorf.

]]> Living in Oberkassel (Düsseldorf): Villa, apartment and multi-family house as an investment – viewing, square meter prices, tips & Co. https://lukinski.com/living-in-oberkassel-duesseldorf-villa-apartment-and-multi-family-house-as-an-investment-viewing-square-meter-prices-tips-co/ Tue, 22 Jun 2021 13:59:24 +0000 https://lukinski.de/living-in-oberkassel-duesseldorf-villa-apartment-and-multi-family-house-as-an-investment-viewing-square-meter-prices-tips-co/ Living in Oberkassel – If you’re looking for apartments and flats in pompous townhouses, you don’t have to look any further, because in Oberkassel you’ll find buildings from the pre-war period that are taking the aesthetic hearts of the masses by storm. This is a luxurious and well-connected place to live. Due to the fact that Oberkassel and Niederkassel are only connected to the rest of the city by bridges, they offer insane views over Düsseldorf and its sights. Thus, the elegant Oberkassel is in no way inferior to the popular residential areas of Golzheim and Altstadt! So it’s worth heading over, exploring the district and enjoying the views over the rest of the city. Would you like to invest in a property in exclusive Oberkassel as a capital investment? Buy an apartmentor a plot of land? Find out everything about prices per square metre, property types & Co. here – Welcome to Oberkassel. Back to: Living in Düsseldorf.

Living in Oberkassel

Oberkassel is a very popular district in Düsseldorf and is located west of the city centre. The urban area borders the Rhine on the eastern side and Niederkassel and Heerdt in other directions.

Welcome to Düsseldorf

The capital of NRW is located in the heart of NRW between the Ruhr area and the city of Cologne. The Rhine flows through the middle of the city.

Oberkassel: Map & Location

Oberkassel is where Düsseldorf’s high society congregates, attracted by the breathtaking architecture, upscale atmosphere and good connections to Düsseldorf’s city centre. The many schools, which also guarantee the best educational options for the younger residents, make Oberkassel one of the most attractive residential areas in Cologne. Also for goods of the everyday need is provided in the form of short ways to supermarkets and also the famous Königsallee as a popular shopping street is not far away.

Sights: Rheinallee, Rheinkniebrücke & Festwiese

Düsseldorf Oberkassel is ideal as a residential area and therefore includes a variety of residential areas with detached houses, apartments, villas and more. Despite this, you can also find some sights here and especially a suitable range of leisure activities. In Oberkassel one finds at the southeastern side the Festwiese or Rheinwiese. Here you can meet perfectly and spend some nice hours at the water. You will also find the Julia Stoschek Collection, the Rheinallee as well as the Rheinkniebrücke in Oberkassel.

  • Fairground (Rhine meadows)
  • Julia Stoschek Collection / Foundation
  • Rheinallee
  • Rheinkniebrücke

Sightseeing: A tour of Oberkassel

Oberkassel has a lot to offer and is considered a wonderful place to live for couples, families or even seniors. Those who live here live near the water and close to Düsseldorf city centre. One is very well connected and can quickly cross the Rhine with the help of the two bridges in Oberkassel. The range of green spaces and recreational areas also speaks for this district of Düsseldorf. Take a look at more of Oberkassel here and explore the surrounding area in a virtual way.

Oberkassel is also home to some of the most exclusive streets in the city! Learn more here: Most expensive streets in Düsseldorf

Rhein Promenade: Living with a view of the Rhine

Residential area in Oberkassel: safe and quiet

Rheinkniebrücke: From Oberkassel to Düsseldorf city centre

Real estate & prices per square metre in Oberkassel

The proximity to the banks of the Rhine not only ensures fresh air, maritime flair and a fabulous view, but also the quality of life here is one of the highest in Germany. Privacy and discretion are writ large in Oberkassel. So it’s no wonder that the prime location and prominent neighbours have driven up the price per square metre in Düsseldorf in recent years. Whether it’s an elegant villa, an exclusive apartment in an old building or a luxurious semi-detached house – real estate is ideal as an investment and you should also take a look at the real estate on offer in Oberkassel. Here you can find the different prices per square metre when buying an apartment or a house in Düsseldorf Oberkassel.

  • Buy a house (new construction): 4.100€/ sqm
  • Buy a house (existing): 7.063€/ sqm
  • Buy an apartment (new building): 8.432€/ sqm
  • Buy apartment (existing): 7.156€/ sqm

Conclusion: Living in Oberkassel

Those looking for pure luxury will find it in Oberkassel. From properties on the Rhine promenade, you can overlook the beautiful old town and are also quickly across the river, either with the help of the underground or by car. Thanks to two bridges connecting Oberkassel with the other side of the Rhine, the distances are short and manageable. Exclusive apartments with historic charm attract mainly wealthy Düsseldorfers.Our tip: Contact the real estate agent you trust! An experienced real estate agent will not only support you during the purchase process, but will also advise you on the topics of taxes and financing.

Düsseldorf: Real estate in the metropolis on the Rhine

Düsseldorf has a fascinating attraction. Although the Rhine metropolis Cologne is only a few minutes away, you can find the big luxury boutiques, international companies, advertising agencies and many other interesting industries here. The fashion industry in particular has made Düsseldorf a very international, stylish location. If you are looking for beautiful real estate here, maybe even luxury real estate, you will find it.

Real estate in Düsseldorf

Düsseldorf stands for luxury, shopping and an internationally positioned local economy. High-fashion companies have their headquarters here, but also the state government of NRW. The Düsseldorf real estate market is therefore highly sought after. The city is located in the heart of the state of North Rhine-Westphalia. The state capital is divided into several districts and is very popular with property buyers due to its charming location on the Rhine.

Living in Düsseldorf: Popular districts & residential areas

With just under 640,000, Düsseldorf is one of the largest cities in the Rhineland and home to Germany’s third largest airport, after Munich and Frankfurt. With its authentic charm, the city attracts businesses from all over the world. This international audience not only demands places to go out and work, but is also always on the lookout for the right apartments. Whether it’s the Old Town, Oberkassel or Golzheim – everything about the city’s most popular residential areas and the most expensive streets in Düsseldorf, including tips on location, property prices in Düsseldorf & Co. To the overview: Living in Düsseldorf.

House, apartment and land for sale in Düsseldorf

Diverse shopping opportunities, a wide range of restaurants and the modern infrastructure make Düsseldorf a permanently sought-after city for real estate buyers. Would you like to sell your apartment, your property or your apartment building here? Whether historic Old Town, luxurious Pempelfort, exclusive Carlstadt, magnificent Oberkassel or sought-after Golzheim – with our guides to the sales process, property valuation and the most important documents, you are very well prepared for your property sale. To the overview: Selling real estate in Düsseldorf.

]]> Living in Altstadt (Düsseldorf): Exclusive properties in the centre – Prices per square metre for villa, apartment & apartment building https://lukinski.com/living-in-altstadt-duesseldorf-exclusive-properties-in-the-centre-prices-per-square-metre-for-villa-apartment-apartment-building/ Mon, 21 Jun 2021 13:54:41 +0000 https://lukinski.de/living-in-altstadt-duesseldorf-exclusive-properties-in-the-centre-prices-per-square-metre-for-villa-apartment-apartment-building/ Living in Düsseldorf’s old town – residential areas close to the city centre are traditionally the most popular. Düsseldorf is no exception. The streets of the Altstadt are characterised by art nouveau buildings, shop spaces and gastronomic options to suit everyone’s taste. If you are looking for a central residential option that definitely demands a larger wallet, you will find it here. Real estate is always ideal as an investment and if you are currently looking to buy an apartment, elegant villa or apartment building, you should definitely take a closer look at the beauty of Düsseldorf’s Old Town. This is in no way inferior to the popular residential areas of Oberkassel and Golzheim! Find out everything you need to know about property prices, the most famous sights and the most sought-after types of houses and apartments – welcome to the Altstadt! Back to: Living in Düsseldorf.

Living in Düsseldorf’s old town

Düsseldorf Altstadt is ideally located in Düsseldorf, directly on the Rhine and close to the city centre. In addition to numerous historic buildings and sights, the popular district also has a diverse range of restaurants, cafés and shopping opportunities to offer, so everything is combined for the perfect property location.

Welcome to Düsseldorf: Metropolis in NRW

The capital of NRW is located in the heart of NRW between the Ruhr area and the city of Cologne. The Rhine flows through the middle of the city.

Old Town: Map & Location

The lively district not only boasts excellent transport links, but is also home to Düsseldorf attractions such as the Schlossturm and the K20, the largest art collection in North Rhine-Westphalia. The city’s penchant for the visual arts is further evidenced by the Kunstakademie, which is located in the city center. Also in the old town is the famous Königsallee – one of the most famous shopping streets in Europe and one of the most attractive and expensive streets in Düsseldorf.

Sights, Monuments & Co.

Düsseldorf’s old town has a lot to offer in terms of leisure activities and sights. Here you can keep yourself busy every day and admire the numerous buildings and monuments of Düsseldorf’s old town. In addition to many restaurants, cafés and boutiques directly on the Rhine, you will also find the City Hall, the Schlossturm, the Kunsthalle Düsseldorf and the Old Port. The architecture of Düsseldorf is also breathtaking and inspires not only tourists, but also the Düsseldorfers themselves.

  • City Hall
  • Old port
  • Düsseldorf Art Gallery
  • Castle Tower
  • K20, Art Collection North Rhine-Westphalia
  • Castle Square

Sightseeing: A tour of the old town

The historic residential buildings enchant tourists, newcomers and long-established residents again and again. During the day, Düsseldorf convinces with its diverse shopping opportunities. It is particularly luxurious on the famous Königsallee. There you will find all the luxury labels you could wish for, perfumeries with high-quality care products, as well as exclusive cafés and restaurants. As soon as evening falls, the city centre transforms into a noble nightlife district, where you will find bars and clubs to satisfy your need for a good cocktail and a successful evening with friends.

Take a look around the bright streets here:

Old harbour in the old town of Düsseldorf

Königsallee: boutiques, cafés and more

Old building apartments, lofts and co. in ideal locations

Real estate & prices per square metre in the old town

Renovated old building apartment, spacious penthouse or exclusive loft – everyone feels at home here! And this is also reflected in the real estate prices in Düsseldorf. Even if you don’t plan to go shopping, this part of Düsseldorf is just right for a relaxed shopping day. The very good location and proximity to cafés, restaurants, boutiques & Co. is also reflected in the prices per square metre. Due to the perfect location in the city centre and on the Rhine, you should expect these prices:

  • Buy apartment (existing): 9.080€/ sqm
  • Buy an apartment (new building): 10.919€/ sqm
  • Buy a house (existing): 3.448€/ sqm
  • Buy a house (new construction): 4.100€/ sqm

Conclusion: Living in the Old Town

Living in Düsseldorf – shopping, going out, sightseeing: all this is on offer in Düsseldorf’s old town. The city centre allows central living paired with quiet corners and one of the liveliest residential environments in Düsseldorf. You would like to buy a property here and invest in a real estate as a capital investment? Singles and couples in particular feel at home here. The proximity to the Rhine and the numerous green spaces also only make this area more attractive and promise a relaxed place in the middle of Düsseldorf’s city centre.

Düsseldorf: Real estate in the metropolis on the Rhine

Düsseldorf has a fascinating attraction. Although the Rhine metropolis Cologne is only a few minutes away, you can find the big luxury boutiques, international companies, advertising agencies and many other interesting industries here. The fashion industry in particular has made Düsseldorf a very international, stylish location. If you are looking for beautiful real estate here, maybe even luxury real estate, you will find it.

Real estate in Düsseldorf

Düsseldorf stands for luxury, shopping and an internationally positioned local economy. High-fashion companies have their headquarters here, but also the state government of NRW. The Düsseldorf real estate market is therefore highly sought after. The city is located in the heart of the state of North Rhine-Westphalia. The state capital is divided into several districts and is very popular with property buyers due to its charming location on the Rhine.

Living in Düsseldorf: Popular districts & residential areas

With just under 640,000, Düsseldorf is one of the largest cities in the Rhineland and home to Germany’s third largest airport, after Munich and Frankfurt. With its authentic charm, the city attracts businesses from all over the world. This international audience not only demands places to go out and work, but is also always on the lookout for the right apartments. Whether it’s the Old Town, Oberkassel or Golzheim – everything about the city’s most popular residential areas and the most expensive streets in Düsseldorf, including tips on location, property prices in Düsseldorf & Co. To the overview: Living in Düsseldorf.

House, apartment and land for sale in Düsseldorf

A wide range of shopping facilities, a large selection of restaurants and the modern infrastructure make Düsseldorf a sought-after city for property buyers in the long term. Would you like to sell your apartment, your property or your apartment building here? Whether historic Old Town, luxurious Pempelfort, exclusive Carlstadt, magnificent Oberkassel or sought-after Golzheim – with our guides to the sales process, property valuation and the most important documents, you are very well prepared for your property sale. To the overview: Selling real estate in Düsseldorf.

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