Apartments in major cities in Germany continue to rise in price. According to a number of experts' statements, we are talking about a formed stable trend, which will definitely continue to exist in 2017.

Let's take a closer look at the example of Frankfurt, where the segment of apartment buildings is quite popular.

Prices in the Frankfurt real estate market continue to grow rapidly. The average cost per square meter in a new building in 2016 was 4,940 euros, which is 13% more than in 2015.

High-rise buildings are also gaining rapid popularity, and if in 2013 the share of skyscrapers was only 3% of the total number of new housing stock in Frankfurt, then in 2016 the share of the segment increased to 30%. Taking into account the growing popularity, in addition to those under construction, another 10 are in the planning stage, some of them are of premium class.

The square meter of real estate in skyscrapers averaged 7,000 euros in 2016.

It should be noted that Frankfurt annually grows by 15,000 inhabitants, the number of investors interested in real estate in the city is also increasing, but despite the volume of houses being built, the supply remains in short supply. The issue with more affordable real estate has not been resolved either. With this in mind, the prospect of a new residential area in Frankfurt being discussed in the planning department looks very realistic.

Buy real estate in Frankfurt with Prime Germany Estate.

 

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