Where a real estate investment can still be worthwhile

The White Elster in Gera

According to a recent analysis, the city in eastern Germany had the highest rental yield of the 200 largest cities in Germany in 2021.

Frankfurt East Germany doesn’t exactly have a reputation as a gold mine for real estate investors these days. Too many lost a lot of money there after reunification, and the prospects of finding a financially strong tenant there are too bad. In addition, many real estate properties are in poor condition, especially in times when buildings are faced with higher demands in the fight against climate change.

But if you are not put off by this, you can earn a respectable return by renting out real estate in cities such as Gera or Zwickau, according to an evaluation by the Hamburg comparison portal Baufi24 for the past year, which is available exclusively to the Handelsblatt.

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