Macro, Meso & Micro: Definition

In addition to a distinction between A-, B- and C-location, the second step in determining the location is to distinguish between macro, meso and micro location. Thus, the macro location defines the city of the object, the meso location refers to the neighborhood and the micro location to the immediate surroundings. So, to describe the meso and micro location of an object, we must first define the macro location.

Here is the overview:

• Macro position (Where in Germany)
• Meso location (Which district)
• Micro-location (Exact location)

Let’s take a closer look at the different types of layers.

Macro location: A, B & C location

The macro location depends on your personal goal and individual strategy. Do you want to invest in a property as a capital investment? Is this a return or investment property? For investment properties, we always recommend A-locations, i.e. metropolitan areas such as Berlin, Hamburg and Munich. In the case of yield properties, it is best to look around in good B and C locations, as the rental yield is high here compared to the purchase price. Of course, your individual preferences are also in the foreground.

The different macro-locations summarized:

• A-location (metropolis)
• B-location (large city / city with positive development)
• C-location (small town / city with stagnant development)

So the macro location is about the question: Where in Germany is the property located?

Meso-location: infrastructure, connectivity & co.

So you have now decided on a city or place? Very good! Then we must now answer the question:

Which part of town do you want to go to?

Large cities in particular offer a large number of attractive districts, all of which differ in their character and charm. How well is the district connected? Is it easy to reach by public transportation? Is the neighborhood safe? Are the commutes to school and/or work long? So think about your living situation, future plans and needs in advance.

So here’s what you should definitely keep in mind when it comes to the meso layer:

• Infrastructure
• Security
• Proximity to work & school
• Connection to the other districts
• Environmental influences

Foremost in the meso location: In which district / neighborhood is the property located?

Micro-location: guaranteed feel-good factor

Finally, the last step is to determine the micro-location. This is about the immediate surroundings of your property. Is it located directly on the street or near railroad tracks? Is it quiet, especially at night, or does the street noise rob you of sleep? Where is the nearest shopping market? As soon as you step out of your front door, do you feel comfortable and safe?

This and more is the focus of the micro-location evaluation:

• Noise level
• Parking facilities
• Shopping facilities
• Cleanliness

The micro location of the house:

Conclusion: Personal preference & objective decides

So before you start looking for real estate, think about the criteria that are important to you. Look at different neighborhoods and also the street in which the property is located. After all, you should feel comfortable and safe here and not suffer a loss of value in the event of resale.

If you want to learn even more about macro, meso and micro location, check out my new site for buyers, Immobilien-Erfahrung.de:

• Macro, meso, micro situation explained – (external)

New! Especially for real estate buyers

Buying real estate from A-Z: preparation, search criteria, buying process and all that, free of charge and online, from experts.

Now on real estate-experience.com

Buying an apartment, buying a house, owner-occupation or capital investment, yield or investment property? On my new project Immobilien-Erfahrung.de you will now find everything you need to know for your successful real estate purchase! Learn everything you need to know about setting goals when buying real estate, types of locations(A-, B- and C-locations), types of real estate, their yields and more! All online and free of charge! What you absolutely have to pay attention to before you start looking for an apartment. Now on Immobilien-Erfahrung.de:

• Buy criteria apartment

Checklist: Criteria for your real estate investment

With our 11-point checklist you are well prepared for your real estate purchase:

Real estate as an investment vs. personal use

At the beginning, the question clearly arises: Do you want to live in your property yourself? Or do you want to rent out your apartment as an investment property after the purchase? This is something to think about at the beginning. After all, this not only affects the financing. As an owner-occupier, you will continue to be responsible for the operating costs yourself after purchasing the property. However, if it is a property as an investment, these costs are mainly covered by the tenant and the tax office.

• Self-interest or capital investment? Comparison

Amount of the purchase price: factors

It is equally important that you set a maximum purchase price for yourself. You should take several factors into account here. These include your creditworthiness, the available equity capital and your mortgage lending value.

Learn more about the important factors including tips and tricks here:

• Maximum purchase price

Maximum gross rental return: Formula

What is the minimum rental yield required for the investment to be both profitable and paid off by the tenant? We recommend the following formula for this:

Formula: Annual rent / purchase price * 100

Investors pursue one primary goal, efficient wealth accumulation. Accordingly, the gross rental yield of a yielding property must be high. Learn more here:

• Minimum gross rental return

Buy rented or unrented?

Of course, you can buy an already rented property just as well as an unrented one. However, if you are purchasing the property for your own use, an unrented property would definitely be more advantageous. If you already have tenants in the apartment, you can terminate the lease after purchasing the property for your own use. The same applies to capital investors. On the one hand you save time by the tenants time and do not have to look for new ones, are however at the same time bound to the rents. So should you buy rented or unrented? Find out all the advantages and disadvantages here:

• Rented vs unrented

Location, location, location!

Not only the city is important, but also the neighborhood. Where is the nearest hospital? What is the connection like? Is there a lot of vacancy in the neighborhood? And how safe is the neighborhood? All of this affects not only your on-site living experience, but also the value of the property and the purchase price. So what exactly does A, B and C location mean? How can it be determined and how does it affect the purchase price? Learn more here!

• A, B, C position

The perfect location

Depending on whether you are looking for a property as an investment or for personal use, the demands on the location also differ. So what are good locations for your personal investment goals?

• Find location

New construction or existing property?

Both new construction and existing buildings have their respective advantages and disadvantages. The most important question here is: Are you using your property for your own use? Or as a capital investment? Finally, the use of your property also influences your decision. The differences between existing and new buildings, as well as the respective advantages and disadvantages can be found here:

• Existing or new construction?

Age of the property: advantages & disadvantages

More than 2,650,000 properties currently located in Germany were built before 1919, and 5,000,000 of them were built before 1949. Some of these properties are real bargains on the market, and their subsequent sale price can be significantly increased by value-enhancing measures. But what are the advantages and disadvantages of buying an older property? Here is a direct comparison:

• Defects by year of manufacture

Size of house and apartment

How big should the property be? In addition to the location and age of a property, its size ultimately plays an important role. One-bedroom apartment or villa with several bedrooms? Bungalow with basement or rather maisonette? Here we compare living space for owner-occupancy as well as for capital investment. Especially for capital investors who plan to rent out their purchased property, the room layout and the number of square meters are important.

• Optimal size of a property

Ground lease? Yes or no

Some real estate is subject to a ground lease. But what is a ground lease? Can the costs be tax-deductible or even passed on to the tenant? Learn all about ground leases, how they work and their advantages and disadvantages:

• Ground lease

Social binding? Yes or no

In addition to the ground lease, it may be that you will also stumble on the subject of social binding. Everything about your obligations on low-interest loans to the post-commitment period – Is it worthwhile for you to buy a property with social and post-commitment?

• Yes or no? Social binding

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.

• Real estate Düsseldorf

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.

• Old Town
• Oberkassel
• Golzheim

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.

• Carlstadt
• Golzheim
• Pempelfort
• Oberkassel