Wednesday, October 19, 2011

Real Estate in Dresden and Leipzig cost more

The properties in the Saxon cities of Leipzig and Dresden have become more expensive. Reasons are the good economic conditions in the Free State, the increased housing demand and the trend toward living in the city, said the TLG Immobilien GmbH in Berlin on Tuesday with on the basis of their study "Real Estate Market East Germany 2011". Particularly for row and detached houses there is a large demand.

The prices of terraced and detached houses increased by the information in Dresden 120000-240000 € and 100,000 to 180,000 euros Leipzig. Detached houses cost in Dresden unchanged 120000-500000 and in Leipzig € 120000-450000 €. In addition to Potsdam and Jena, these were the highest prices in East Germany. In Chemnitz, cost and double rows of houses unchanged 100000-180000 € and detached homes 135000-240000 €.

Because of the increased demand for housing, the prices were for newly built condominiums in Dresden in 1400-4400 € per square meter. Modernized old buildings cost unchanged 900-3600 € per square meter. In Leipzig, on the other hand, prices declined slightly to 1,000 to 2,800 euros for new buildings and 700 to 2,500 euros for older buildings.

At the same time, rents in the two cities. For modernized old buildings now more than seven euros per square meter per month will be due.

In addition, the information has flourished since the retail sector in Saxony. In Leipzig are still the highest rents for retail space in all of East Germany outside of Berlin requires, vacancy exists in the Saxon town of barely.

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