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Real estate prices and location analysis Bottrop

The real estate market in Bottrop

Continuously on course for growth:

Location
Bottrop

Bottrop is located in the Ruhr area and belongs to the administrative district of Münster. In 2015, Bottrop was selected as the “city of the future” for the competition of the same name, which focused on the development of the city from various points of view until 2030.

Bottrop will be eliminated from this competition in November 2018, which could have a negative impact on the attractiveness of the city in the future. Nevertheless, Bottrop plans to implement various projects, improve the quality of life of Bottropers and become even more attractive as a business location, even without further participation in this competition. Bottrop is a very culturally rich city and also scores with numerous major annual events. In addition, there are many parks and green areas. In the 2016 Future Atlas, Bottrop ranked 323th out of 402 counties, district-free cities and municipal associations and is therefore considered a city with risks for the future. Compared to all other district-free cities in Germany, Bottrop has the lowest gross domestic product per capita – but was able to increase this in 2016.

Residents Key Figures Bottrop for Real Estate Investments

Bottrop was the second smallest county-free city in North Rhine-Westphalia with 117,409 inhabitants in 2016. For many centuries Bottrop was only a small village. The fact that the city grew strongly in the 20th century was due to industrialization. Today, the city covers an area of 100.61 km2, bringing the average to 1,167 people living on a square kilometre. Compared to 2015, Bottrop’s population has increased by 0.23 percent, compared to 2017. 117,364 people lived in Bottrop on December 31, 2017. Bottrop was first a big city in 1953. In 1975, Gladbeck and Kirchhellen were incorporated, bringing the city to its historic peak of 198,972. Shortly thereafter, Gladbeck was spun off again, reducing Bottrop’s population in one fell swoop.

The infrastructure Bottrop - ideal for investment properties

Until 2018, Bottrop was the only city in the Ruhr area with an active colliery. On 21 December 2018, the mine will be closed for coal production and has already ceased to actively mine coal in September 2018. The most important industries in Bottrop include logistics, lighting technology, food production and the production of industrial equipment. Small and medium-sized enterprises in particular are large in Bottrop and provide a large part of the jobs. Well-known companies that have their logistics centers in Bottrop are the food discount Netto and the shoe manufacturer Deichmann. Brabus is the world’s largest tuning company based in Dortmund, and other notable companies include food manufacturer Nadler and Homann, which has a production site in Bottrop. In August 2019, the unemployment rate in Bottrop was 6.6 percent, which is below the overall average for the Ruhr area.

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Real Estate and Investors Key Figures Bottrop

Bottrop has become more and more expensive in recent years and the number of properties sold has also increased. In 2016, buyers spent 212.5 million euros on real estate – more than ever before.

Basic real estate data for the city of Bottrop

Bottrop’s most popular residential areas include Eigen, Fuhlenbrock-Wald, Kirchhellen-Mitte and Kirchhellen-Süd/Grafenwald. Also Batenbrock-Süd and the old town. For a 60 m2 apartment in Bottrop, an average of 6.43 euros per square meter is due. In a nationwide comparison, this price is favorable, but overall real estate prices have also risen in Bottrop. For example, when buying a condominium in Bottrop in 2017, 200 euros more per square meter were due than in 2016. The vacancy rate in Bottrop was 4.9 percent in 2015, the development of the population can be an indication of the future and this was last falling.

Buildings and housing statistics Bottrop

There are 23,850 residential buildings and inhabited accommodation in Bottrop in total. 23,210 of these are residential buildings (excluding dormitories), 622 are other buildings with living space and 18 of them are dormitories. There are no other inhabited accommodations in Bottrop.

Data on residential buildings in Bottrop

There are 3,340 residential buildings divided into condominiums in Bottrop in total, which is 14.39 percent of all residential buildings. 381 of these buildings are owned by municipalities or municipal housing companies, or 1.64 percent – a small figure in a nationwide comparison. In Bottrop there is still a lot of old buildings, 16.38 percent of the buildings are built from 1919 or even earlier. 30.79 percent of all residential buildings in Bottrop were built between 1950 and 1969, 8.03 percent of the residential buildings are new buildings and date back to 2000 or even later.

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Data on single-family homes in Bottrop

There are 10,542 single-family homes in Bottrop, or 45.42 percent of all residential buildings. The rate is relatively low compared to other cities. 2,834 of these single-family homes are detached, or 12.21 percent of all residential buildings. Investors interested in an investment property should keep their eyes open, especially in the city’s popular residential areas.

Investment in real estate: forecast for Bottrop

The outlook for Bottrop is mixed. The closure of the mine could lead to a further reduction in the population, just as leaving the future competition could have a negative impact. Bottrop, however, is well positioned economically, especially in the middle class and real estate prices are also rising steadily in the city.

Assessment of the real estate market - Bottrop

If you want to invest in commercial real estate or apartments in Bottrop, you should closely monitor the market. It is important to choose the right neighbourhood and pay attention to the quality of the property. The city has its weaknesses, but compared to other cities in the Ruhrpott, it is quite suitable for an investment.

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Our locations

E1 Real Estate INVESTMENTS AHLEN

Carmen Lütkehaus

Weststraße 117, 59227 Ahlen
Phone: +49 (2382) – 94 00 900
Fax: +49 (2382) – 94 00 901

E1 Real Estate Investments AUrich

Andreas Boyken

Arentestr. 15, 26607 Aurich
Phone: +49 (4941) – 950 13 113
Mobile: +49 (171) – 124 53 20

E1 Real Estate Investments Berlin I

Bernd Steidl

Flötnerweg 26, 13437 Berlin
Phone: +49 (30) – 32 60 11 71
Mobile: +49 (176) – 221 37 206

E1 Real Estate INVESTMENTS BERLIN II

Hans Bamberger

New Kantstr. 15, 14457 Berlin
Phone.: +49 (30) – 322 00 410
Mobile: +49 (177) – 308 39 67

E1 Real Estate Investments Bielefeld

Jörn Clasen

Rotkamp 25, 33739 Bielefeld
Phone: +49 (5206) 70 77 417
Fax: +49 (5206) 70 51 384
Mobile: +49 (152) 54 21 71 14

E1 Real Estate Investments Coburg

Markus Hösch

Mohrenstrasse 11, 96450 Coburg
Phone: +49 (9561) – 853 44 44
Mobile: +49 (171) – 466 14 19

E1 Real Estate INVESTMENTS DORTMUND

Gökay Gündüz

Von-Der-Tann Straße 18, 44143 Dortmund
Phone: +49 (231) – 187 159 96
Fax: +49 (231) – 187 159 46
Mobile: +49 (162) – 2000 886

E1Real Estate Investments Erfurt

Rolf Heller

Liebknechtstraße 8, 99085 Erfurt
Phone: +49 (361) 211 43 81
Fax: +49 (361) 211 43 82
Mobile: +49 (1520) 188 94 25

E1 Real Estate INVESTMENTS EROLZHEIM

Anton Mang

Schillerstraße 27, 88453 Erolzheim
Phone: +49 (7354) – 937 400
Mobile: +49 (163) – 309 77 51

E1 Real Estate INVESTMENTS FRANKFURT

Peter Schless

Europa-Allee 73, 60486 Frankfurt am Main
Phone: +49 (69) 707 982 11
Fax: +49 (69) 707 798 222
Mobile: +49 (174) 163 28 18

E1 Real Estate INVESTMENTS HAMBURG

Gerd Krügel

Sandscherbenweg 6, 21629 Neu Wulmstorf – Hamburg
Phone: +49 (4841) – 77 99 25
Mobile: +49 (173) – 750 69 32

E1 Real Estate INVESTMENTS KÖLN

Sylvia Klein

Bethlehemer Str. 66, 50126 Bergheim
Phone: +49 (2271) – 981 565
Mobile: +49 (1525) – 42 44 776

E1 Real Estate INVESTMENTS KARLSRUHE

Peter Wohlwend

War Road 5, 76137 Karlsruhe
Phone: +49 (721) – 204 964 91
Mobile: +49 (172) – 713 40 65

E1 Real Estate INVESTMENTS KINGSHEIM

Andreas Piwowarski

On the Nunnwiese 7, 55278 Köngernheim
Phone: +49 (6737) – 711 70
Fax: +49 (151) – 156 35 049

E1 Real Estate INVESTMENTS MANNHEIM

Patrick Klee

Dynamostr. 13, 68165 Mannheim
Mobile: +49 (151) – 588 196 27

E1 Real Estate INVESTMENTS MANNHEIM II

Günter Rosenberger

Friedrichsplatz 14, 68165 Mannheim
Phone: +49 (621) 49 499 521
Mobile: +49 (176) 40 598 552

E1 Real Estate INVESTMENTS MÖHNESEE

Astrid Felder

On the Steinern 19, 59519 Möhnesee
Phone: +49 (2925) 910 99 71
Fax: +49 (2925) 910 99 05
Mobile: +49 (170) 588 53 70

E1 Real Estate INVESTMENTS NÜRNBERG

Robby Dobler

Ostendstr. 159, 90482 Nuremberg
Phone: +49 (911) 541520
Fax: +49 (911) 54 16 34
Mobile: +49 (151) 232 92 670

E1 Real Estate INVESTMENTS OSNABRÜCK

Joachim B. Müller

Brockmannweg 24, 49205 Hasbergen/Osnabrück
Phone: +49 (5405) 961 93
Fax: +49 (5405) 961 94
Mobile: +49 (172) 264 5850

E1 Real Estate INVESTMENTS RADEBEUL

Steffen Voigt

Steinweg 33, 01445 Radebeul
Phone: +49 (351) 27 22 188
Fax: +49 (351) 27 22 189
Mobile: +49 (171) 931 39 37

E1 Real Estate INVESTMENTS RHEINGAU-TAUNUS

Alexander Münch

Asternweg 7, 65510 Hünstetten
Phone: +49 (6126) 95 32 36
Fax: +49 (6126) 58 98 02
Mobile: +49 (176) 626 048 48