Plauen è una città di 68.430 abitanti della Sassonia, in Germania, non lontana dal confine bavarese . Questa città si trova a sinistra del fiume Weißen Elster, un affluente del Saale, nel punto in cui il Syra sfocia in una antica valle priva di boschi e dove la pianura della Vogtland degrada in un bacino vicino all'Elster. Dopo Lipsia, Dresda, Chemnitz e Zwickau, si tratta della quinta più grossa città del Land. Le più vicine città sono Gera, a circa 40 km a nord di distanza, e Chemnitz, a 66 km di distanza. Il numero di abitanti della città ha superato nel 1904 il limite di 100.000 persone, motivo per cui divenne di diritto una cosiddetta Grande Città. Dopo la seconda guerra mondiale e con la divisione della Germania , il numero degli abitanti calò fortemente e solo dopo la caduta del muro e la riunificazione del Paese , la città è ritornata la centro di politiche di svipuppo e l emorragia demografica si è arrestata mostrando una inversione di tendenza . Plauen si trova a sinistra del fiume Weißen Elster, un affluente del Saale, nel punto in cui il Syra sfocia in una antica valle priva di boschi Weißen Elster, dove la pianura della Vogtland degrada in un bacino vicino all'Elster.
In North-East Germany
• Berlin is booming. Apartment prices in Berlin rose by 5.1% y-o-y to a median price of €2,785 (US$ 3,119) per square metre (sq. m.).
The median price of one- and two-family houses in Berlin rose by 7.1% y-o-y to €1,966 (US$ 2,202).
• In Dresden apartment prices rose 7.6% y-o-y to €1,991 (US$ 2,230) per sq. m., while one- and two-family houses rose by 5.5% to €1,902 (US$ 2,130) per sq. m.
• Hamburg apartment prices rose 3.0% y-o-y to around €3,247 (US$ 3,636) per sq. m..
One- and two-family houses in Hamburg rose 3.6% to a median of €2,240 (US$ 2,509) per sq. m..
In West Germany
• Dusseldorf apartment prices rose only 0.5% y-o-y, to a median price of €2,128 (US$ 2,383) per sq. m. during the year to Q1 2015.
One- and two-family houses in Dusseldorf rose 4.0% to a median price of €2,079 (US$ 2,329) per sq. m., higher than the previous year.
• Cologne's apartment prices rose 9.9%, to € 2,372 (US$ 32,656) per sq. m. The median price of one- and two-family houses rose by 5.0% y-o-y, to €1,995 (US$ 2,234) per sq. m.
• In Dortmund, apartment prices rose 6.1%, to a median price of €1,385 (US$ 1,551) per sq. m., while one- and two-family houses rose by 3.4%, to €1,773 (US$ 1,986) per sq. m.
In South Germany
• Frankfurt apartment prices rose by 1.7%, to €2,647 (US$ 2,964) per sq. m., while one- and two-family houses rose 6.5% to a median price of €2,148 (US$ 2,406) per sq. m..
• Munich apartments were up by 10.7%, to a median price of €4,691 (US$ 5,253) per sq. m.. One- and two- family houses increasing by 6.1% to €3,068 (US$ 3,436) per sq. m.
• Stuttgart apartments rose by 8.3%, to €2,206 (US$ 2,471) per sq. m. One- and two-family houses in Stuttgart increased by around 2.7% to €2,262 (US$ 2,533) per sq. m.
Last Updated: May 30, 2015
For those who wish to buy or rent an old, but well-refurbished apartment, Berlin is still more affordable than Frankfurt or (especially) Munich.
Munich is Germany’s high-cost leader, of course. To buy a 120 square metre (sq. m.) apartment in Munich costs around EUR 8,100 per sq. m., while in Berlin it costs around EUR 4,200 per sq. m., and in Frankfurt, the same sized apartment costs around EUR 5,300 per sq. m.. Rents are correspondingly pricey.
Wherever you buy, you are unlikely to have much problem letting your apartment. Especially at the lower end there is an acute shortage of affordable apartments as the German boom continues, sucking in workers from all over Europe.
The higher yields in all three cities come on the smallest apartments, and are caused by the fact that very small apartments are relatively cheap to buy.
Over the last two years the yields gap between Berlin and the other two cities has narrowed as rents have risen significantly in Frankfurt. Berlin remains much less expensive, but in terms of rental return-on-investment, there is no longer much difference between Berlin and Frankfurt, while Munich´s yields are still a little lower.
Last Updated: Oct 15, 2015
Robust economic growth
The German economy expanded by 1.6% year-on-year (seasonally adjusted) in the second quarter of 2015.
“The conditions are currently in place for fairly solid economic growth in the second half of 2015, fuelled by both external and domestic demand,” according to the Bundesbank.
Following the sharp slowdown in 2012, Germany’s economy slowed further in 2013, growing by only 0.2%, according to the IMF. The economy bounced back in 2014 with a 1.6% growth and has since then been registering robust GDP growth.
Germany’s unemployment rate was 4.8% in June 2015. In contrast, the entire euro area’s unemployment rate was around 11.1%.
Last Updated: Jan 27, 2015
Roundtrip transaction costs are low to moderate at around 9.02% to 16.34% of the total price. Real estate transfer tax is levied at 3.5% to 6.5%, depending on the federal state where the property is located.