Purchasing luxury real estate and land

1. Number of luxury house sales
2. Most expensive cities for luxury real estate
3. Purchasing power in Germany: comparison
4. How many m² can you get for $63,000 (see Monaco)
5. How many square meters can you get for $1 million?

Number of sales of luxury homes

How many luxury properties are sold and bought each year in Germany? These statistics show how manageable the market is. Here you can see the number of luxury property sales in selected cities in Germany.

Find more statistics at Statista

Data shows for the visualization the last survey in the first half of the years 2010 and 2011. Now directly to the current trends on the real estate market, in which cities are currently the most expensive luxury properties?

Most expensive cities for luxury properties

The graphic shows the average purchase price per square meter of luxury real estate in selected major cities worldwide.

Further statistics can be found at Statista

Purchasing power by city

The graphic shows the districts and cities with the highest purchasing power as a percentage of the national average.Further statistics can be found at Statista

Such an area costs $63,000 (worldwide)

Living in luxury: How many m² do you get for your money in the most popular cities for luxury real estate, designer homes, and loft apartments. As a reference point, Monaco is the most expensive location, where you can get 1 square meter for 63,000 dollars. How much do you get for that in other top 9 cities?

1. Monaco – 1 m²
2. Hong Kong (China) – 1.4
3. Aspen (USA) – 1.6
4. St. Moritz (Switzerland) – 1.9
5. New York (USA) – 2.0
6. London (UK) – 2.0
7. Singapore – 2.3
8. Geneva (Switzerland) – 2.7
9. Paris (France) – 2.9

Such an area you get for $1 million (worldwide)

Hier haben wir eine weitere hervorragende Infografik des Statistischen Bundesamtes, wie viele Quadratmeter stehen für 1 Million (oder etwa 800.000 Euro) zur Verfügung? Die Grafik zeigt die durchschnittliche Größe von Premium-Immobilien zu einem Preis von 1 Million US-Dollar in ausgewählten Städten:

• Monaco – 16 m²
• New York – 25 m²
• London – 28 m²
• Paris – 46 m²
• Berlin – 78 m²
• Miami – 78 m²
• Dubai – 98 m²

Weitere Statistiken finden Sie unter Statista

Ferienhaus kaufen

Preferred ski resorts for luxury real estate

Die Grafik zeigt die durchschnittlichen Kaufpreise für Ferienhäuser in Skigebieten weltweit im ersten Quartal 2019 (in CHF pro m²).

1. Aspen (USA) – 39.100 CHF / m²
2. Gstaad (Schweiz) – 33.500 CHF / m²
3. St. Moritz (Schweiz) – 32’100 CHF / m²
4. Vail (USA) – 31.700 CHF / m²
5. Verbier (Schweiz) – 26’500 CHF / m²
6. Telluride (USA) – 25.300 CHF / m²
7. Courchevel (Frankreich) – 24.800 CHF / m²
8. St. Anton / Lech (Austria) – 22,500 CHF / m²
9. Kitzbühel (Austria) – 22,500 CHF / m²
10. Zermatt (Switzerland) – 19,100 CHF / m²

Further statistics can be found at Statista

Land Transfer Tax in Germany

When buying real estate, or more precisely land or a share of land, land transfer tax applies in the individual federal states of Germany. Usually, the land transfer tax ranges between 3.5 percent and 6.5 percent. You can find the current land transfer tax rates for all federal states here, with example purchase prices from 1 to 5 million euros:

• Land Transfer Tax Table

Buy real estate: Tips from an investor (external)

The purchase of real estate as well as investing in real estate requires a lot of expertise and professional knowledge. The best way to learn is by drawing on the experiences of professionals. Therefore, at the end, a recommendation for real estate newcomers.

Newcomer Tips + Germany Comparison: Buying Real Estate

External Guide (Link opens in new tab):

• Buying Your First Real Estate
• Buying Real Estate: What to Pay Attention To?
• Mistakes When Buying Real Estate
• Save taxes with real estate

Tip for future real estate investors! Two things you will constantly need and hear about are rental yield, more specifically the gross rental yield, and the purchase price factor. Both help you quickly assess real estate offers. Learn more here about the difference and discover my recommendation for you as a real estate beginner:

• Rental yield vs purchase price factor

City comparison: Property prices in Germany (external)

In these individual guides on the major German cities, important districts for property buyers, information about infrastructure, as well as requirements for purchasing such as income, creditworthiness, banks, and equity are presented. But more important: mistakes, risks, rental yields, and more. What is decisive for the purchase price and the rating? Everything about location, building condition, renovations, furnishings, and all of this, for free.

External guides (Link opens in new tab)

City / Current purchase price:

• Munich ~ 8,993 Euro / m²
• Frankfurt ~ 6,701 Euro / m²
• Stuttgart ~ 6,324 Euro / m²
• Berlin ~ 5,578 Euro / m²
• Hamburg ~ 5,507 Euro / m²
• Düsseldorf / Cologne ~ 5,470 Euro / m²

Buy a villa: house, investment, process

Listings of top-tier properties are not found on real estate portals. Villas are often bought and sold discreetly. Buying real estate follows a fixed process: property search, viewing, negotiations, purchase agreement, notary, taxes & Co. Buying a villa is naturally more demanding. Especially because you certainly don’t want to waste time on 8, 9 or even 10 viewings, as regular home buyers do. Want to buy your first villa? Here’s a small insight into the world of luxury real estate.

• Buy a villa