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.

• 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

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.

• Carlstadt
• Golzheim
• Pempelfort
• Oberkassel

Offer price at a glance: The right price to offer an object

• Asked price of a provider for an object
• This is a theoretical value
• Determination by a special expert with intuition and market experience
• Correct determination can lead to the best price and later to the selling price

Back to the wiki: Real Estate

Factors influencing the price of real estate – How can you save money when buying real estate?

Are you simply unable to find a suitable property that meets your price expectations? Then you should consider which of the influencing factors has the least importance for you. Can you find a compromise with yourself or your family by agreeing not to live so centrally, or to do without a terrace or balcony? These compromises can bring the price of the property closer to your expectations.

The location – Where should the property be located?

One of the most important factors influencing the price of a property is its location. How far is it to the city centre, to the nearest supermarket or to important doctors? This distance plays an important role for everyone. Nevertheless, a central location of the property is not the first priority for everyone. Many property buyers prefer to live in a quiet area to escape the stress of everyday life. Nevertheless, the most important shops or doctors should not be too far away. If it doesn’t have to be a big city or central location, it makes sense to compromise here and save money in this respect.

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Single-family house or terraced house – Which costs more?

What property is it? If it is a terraced house, you have directly adjacent neighbours. For this reason, the value of this property is lower than that of a detached house. In a detached house you have less noise from neighbours and you have more control over your own noise level. With a detached house you usually benefit from the advantage of having a larger green area at your disposal, whereas many people feel a little cramped in terraced houses. With a terraced house it is therefore advantageous if you know the neighbours beforehand and know that you would get along with them.

Check modernisation status – What measures have been carried out recently?

If a property appeals to you in many ways, it is still important to pay attention to the age of the property. If you don’t, you run the risk of having to deal with new costs very soon. What’s more annoying than having to worry about repairs or energy-saving measures to a newly purchased property? If damage to the property has not only been repaired immediately, but has also been combined with modernisation, this is considered to increase the value of the property. Recent measures such as improved thermal insulation or fire protection can be of enormous benefit to you.

Room layout – Every room needs meaning and purpose

The room layout in an apartment or house can also be of great importance. If a property is to be used as a shared flat, it is important that there are no through rooms. If a property is awkwardly cut, or even the room layout is not ideal, this will bring down the price of a property. Is the bedroom a suitable size for the furniture intended? Will a dining table fit in the kitchen or is there even an extra dining room? Many prospective buyers think very carefully beforehand about which room will serve which purpose. If a room should serve as a children’s room in the first years, then it is often already planned in advance what it could serve when the children have moved out.

Energy efficiency: saving energy and money

The energy efficiency should be checked carefully before buying a property. How old is the heating system? Are the roof and exterior walls adequately insulated? Are the windows double-glazed? These are the questions you should ask yourself before buying a property. But why is this the most important point that everyone should consider? If your purchased property satisfactorily fulfils these measures, you can save an enormous amount of money. If you are not able to check this information sufficiently yourself, it may be worthwhile to talk to an energy consultant. They will be able to tell you which renovation measures you should expect and how much you will have to pay in this respect.

Purchase prices for condominiums

This statistic compares the cities with the highest condo purchase prices from 2014 and 2018.

• Munich – Increase: 1,605
• Frankfurt am Main – Increase: 1,687
• Stuttgart – Increase: 1,181
• Potsdam – Increase: 1,835
• Berlin – Increase: 1,377

You can find more infographics at Statista Our Berlin guide: real estate Berlin.

Terrace or balcony – superfluous luxury or compulsory?

Many people who don’t benefit from the luxury of having their own garden wish they had a balcony or terrace instead. Who wouldn’t like to have breakfast outside when the weather is nice, or simply switch off without having to go to a public place? But unfortunately, this advantage is not available with every property. For this reason, it has a value-increasing effect on the property price.

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Demand influences the price

Having what everyone wants triggers a sense of achievement in many people. However, the higher the demand of a property is, the higher the property price will be in the end. Since the previously mentioned factors also influence the demand, this is closely related. If you opt for a more remote property, the demand also goes down and so does the price. If you own a slightly more remote property for which demand increases over time, you will benefit from an increase in value which can bring you a huge profit on resale. Additionally, if the property has been regularly refurbished or even modernised, you could make a big profit.

Residential rent index in Germany from 1995 to 2017

Not only do property prices depend heavily on the various influencing factors, but property rental prices also depend on these factors. These statistics show the development of rents in Germany.

• Residential rent index 2017 at 109.7 (increase 1.7)
• Residential rent index 2016 at 108 (increase 2.6)
• Housing rent index 2015 at 105.4 (increase 1.6)
• Housing rent index 2014 at 103.8 (increase 2.5)
• Housing rent index 2013 at 101.3 (increase 1.3)

You can find more statistics at Statista

Prefabricated house or solid house

If you decide not to buy a used house, but to build your own home, you will inevitably have to deal with the question of whether you want to build a prefabricated house or a solid house. A prefabricated house is usually cheaper than a solid house. But what are the advantages of which construction method? A big advantage of building a prefabricated house is that it is particularly fast and can be carried out in all weather conditions. The construction of a solid house takes longer. A solid house brings the advantage of a good indoor climate. In summer it does not get too hot and in winter it does not get too cold. The modern prefabricated houses also have good insulation.

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Now that you know which influencing factors determine the price of a property, it is worthwhile to use this knowledge to start looking for a suitable property again. Think about which influencing factors have priority for you and you will find a suitable property.

But it is not only tourists who are attracted to Speyer. The city, which is home to around 50,000 people, is also increasingly in demand as a place to live with class and style. Executives, for example, from BASF in Ludwigshafen, 20 kilometers to the north, or the software manufacturer SAP, located 20 kilometers to the east in Walldorf, like to move to the city.

Optimal conditions for the sale of real estate in Speyer

The high demand is having an effect – Speyer has already taken first place in the ranking of property prices in Rhineland-Palatinate, leaving the state capital Mainz behind. That this will change is not to be expected. Building land is scarce in Speyer. As a result, condominiums are usually favored for new construction projects. Single-family homes are hardly on the market and are correspondingly coveted. Of course we also know the market for multi-family houses in Speyer! Therefore, you can also offer old or new buildings from this segment at any time. We will immediately compare your offer with our database of interested parties and can give you information about the chances of success of your sales request.

Owners who want to sell their house or apartment in Speyer will not look long for a buyer due to the immense demand. Nevertheless, the sale of real estate from private can pose some problems and extend the time until the contract is signed. At Lukinski, we want to show you how to sell professionally in Speyer and what to look for when selling houses, apartments and land. Thoroughly planned is surely sold. You should follow this motto and deal with different strategies already when thinking about a sale. If you would like to save time, money and nerves, we at Lukinski offer you the professional expertise of our real estate specialists in Speyer. As a local real estate agency, we are a good investment for the sale of your houses or apartments.

Facts about selling real estate in Speyer: Thoughts before the sale

Reasons for selling a house or apartment can be quite different. You have inherited a property and already own a house? Financial or professional reasons can also promote the decision of selling a house or apartment in Speyer. Very often, after a divorce, the sale of a house is on the agenda so that both partners of the community of gains can be paid out in equal shares. No matter for which reason owners sell a house or an apartment – the basic thoughts before the sale and the focus on professional planning are always identical.

The sale of real estate in Speyer is – as elsewhere – a complex task, where small mistakes can be accompanied by high costs and lead to the loss of very large amounts of money. Whether a sale is worthwhile also depends on the respective market situation. Currently, owners can sell their house or apartment in Speyer at best prices overall, as the demand for residential property is higher than the available supply. Due to the lack of large new developments, detached houses are currently in particularly high demand.

As part of the sale planning process, you will be faced with questions about the duration and process of the sale, as well as the asking price that is appropriate for your property. If the property to be sold is still being financed or is secured with a land charge, you should talk to the financing partner before planning the sale and agree on a possibility of further repayment. Once this issue has been clarified, the market value appraisal and the preparation of the exposé are on the agenda. Lukinski Lukinski is at your side at all times and will prepare a sales-promoting exposé of your property on the basis of a professional and objective valuation.

Avoiding mistakes, eliminating financial losses when selling a house or apartment

Every owner wants to market his property at the best possible price. For the buyer, the price must be realistic and comprehensible based on the characteristics of the apartment or house. In the offer price determination, the gut feeling is not a good advisor, because emotions stand in the way of a realistic price determination. With a market value appraisal from a professional appraiser, you can find out which purchase price is optimal and will neither lead to losses nor to overvaluation. If an offer is too expensive, the house sale will be unnecessarily protracted and can even declare a property a “slow seller”.

Negotiating the purchase price with interested parties is the order of the day when selling real estate and takes up time and nerves. At a very low price, your property is sold quickly, but often with immense financial losses. The satisfaction is missing and in the end you are annoyed to have made a sale from private without knowledge of the market situation and the relevant facts.

When it comes to determining the value of the property, the size, location and property condition play an important role. Other influential details are the demand at the respective location in Speyer as well as the comparative prices for real estate. By selling your house through experts of a real estate agency like Lukinski Lukinski, you eliminate the risk of loss and all other pitfalls. More: insurance tips. You save time, do not have to deal with the complex topic of selling real estate yourself and have a trustworthy and experienced partner at your side right from the start.

Private house sale or hiring experts in Speyer?

This question faces every owner who wants to sell his apartment, land or house. Private owners usually only sell their house once in a lifetime and do not have the experience necessary for a satisfactory sale. If you want to sell a property in Speyer, you should consider in advance whether you are offering it to owner-occupiers or to capital investors. Even if the key data are the same: in order to convince an investor, even more negotiation expertise and real estate core competence are necessary.

At Lukinski Lukinski you will find all the necessary experience and knowledge for sales success. At the same time, you do not invest a cent at the start of our cooperation! Only when our services in the entire offer and sales process have led to success do you pay for our services within the scope of the agreed fees. The assignment is only considered completed when the contract has been signed by a notary and the property has been handed over to the new owner.

Our services for you at a glance

• Valuation of the property
• Credit check
• Creation of a professional exposé
• Creation of meaningful photos of your object
• Procurement of all documents necessary for the sale
• Preparation of documents for the sales process
• Objective appraisal and evaluation of the object
• Advice on construction and contract law
• Determination of the appropriate target group of buyers
• Development of a marketing strategy tailored to the target group
• Access to our extensive customer file
• Unsolicited reporting on the sales process
• Prospect Pre-Screening
• Coordination and execution of viewing appointments
• Preparation of the purchase contract
• Cooperation with notaries
• Conducting sales negotiations until closing
• Accompaniment of the notarisation procedure
• Professional object handover
• Aftercare
• Payment first on success

Lukinski sells your property in Speyer: quickly, professionally, advantageously!

Save your valuable time by having your house, apartment or investment property sold with expertise. The professionalism of Lukinski Lukinski will convince you and lay the foundation for the quick sale of your property. As local real estate experts in Speyer, we are your contact for the inventory, accompany prospective buyers throughout the entire process and arrange appointments, which we carry out on your behalf. You make the decision: high quality and without compromise. Tell us about your property! We take care of the rest and carry out the sale according to your idea with the utmost reliability and core competence.