Dusseldorf Since the beginning of the corona pandemic, more people than ever have wanted a house in the country and plenty of space. Figures like those of the real estate portal Immoscout24 prove the new love for the countryside: In June 2021, advertised single-family houses for sale in the bacon belts of the German cities of Berlin, Munich, Hamburg, Frankfurt and Cologne received around 58 percent more inquiries than before the first Corona lockdown in February 2020 .
And the Purchase prices for apartments in non-urban areas rose faster than in cities in the twelve months to mid-2021 – for the first time since the early 1990s, as the major Swiss bank UBS demonstrated.
But when looking for a new home, it is still worth taking a look beyond the boundaries of the big cities for those interested in real estate. The Handelsblatt has the Analysis of residential property markets on the fringes of seven German metropolises and shows what price differences there are in the bacon belts of Hamburg, Munich, Berlin, Düsseldorf, Frankfurt and Cologne and what to look out for when buying.
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The new zest for country living – where real estate buyers in Hamburg’s suburbs will find what they are looking for
The home office trend and the desire for more space make the metropolitan area attractive. Where it gets expensive in the Hamburg area – and where an insider tip is.
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The area around Munich: An expensive belt of bacon between celebrities and the provinces
The catchment area of Munich now extends from the borders to Baden-Württemberg to Austria. Properties south of the city are even more expensive than in the state capital.
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The area around Berlin: which regions are attractive for buyers
The rapidly rising real estate prices make the bacon belt around the capital more interesting. But which corners are still cheap – and where are the prices rising in particular?
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The area around Düsseldorf: preferred secluded location – home buyers expand their radius
Thanks to a good infrastructure, the area around the state capital of North Rhine-Westphalia has long been popular with home buyers. But now the preferences are shifting.
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The area around Frankfurt: where the suburb of the Main metropolis is still cheap
Frankfurt is Germany’s second most expensive city. Real estate prices in the immediate vicinity are also high. In some regions there are (still) cheap houses.
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The area around Cologne: Wesseling is becoming an insider tip – where families near the cathedral city still have opportunities to buy
Prices in Cologne continue to rise. Where buyers can go – and which city is currently being drastically rejuvenated.
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The area around Stuttgart: 6,000 euros for one square meter – bargains are rare near the Swabian metropolis
Daimler, Porsche, Bosch: There are many companies in the Stuttgart area. If you want to live cheaply around the Baden-Württemberg metropolis, you have to travel far.
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