Property prices and market forecast
Krefeld is the ideal place for many people to live. This city is located northwest of the state capital Düsseldorf on the left side of the Rhine. The real estate prices are affordable, the transport connections are easy to reach in the direction of the Netherlands, but also to the Ruhr area and northern Germany. Due to these factors, Krefeld is an ideal location for many young families. Krefeld owes its traditional textile production to the name Velvet and Silk City.
Krefeld has a population of 137.77 km2. That means 1,646 inhabitants live on one km2. Compared to the previous year, Krefeld grew by 0.74. The city in North Rhine-Westphalia has existed since 1929, when Krefeld merged with Uerdingen. The first status as a large city was achieved in 1888.
One of the location advantages of Krefeld lies in the good transport connections, especially via the motorways. The A40, which marks the route from Venlo to Dortmund, is the name given to the route; the A57, which connects Cologne and Nimwegen. Near Krefeld is also the A44 and thus the way from Aachen to Kassel.
Krefeld is home to the textile and silk industry, which has been operating in this region since the early stages of industrialization. The chemical industry is based in Krefeld. Among other things, a branch of Bayer. Another factor is stainless steel production. The material is also processed on site, as machine and plant engineering. The unemployment rate is slightly above the average at around 10.
Top residential locations in Krefeld are parts of Fischeln, the Musicians’ Quarter, Cracau, Bockum, Verberg and Traar. The vacancy rate in Krefeld is relatively good at 6.60. For a high-quality apartment in Krefeld you have to pay 7.8 – 8.3 € / m2 rent.
In Krefeld there are 46,584 buildings that contain living space. This includes 44,824 residential buildings, without including dormitories. In 1679 other buildings, housing is kept without being included in the dormitories. In Krefeld there are 53 dormitories, and 28 other accommodations that are inhabited.
11.62 of all apartments were built before 1919. 31.12 of all apartments were built in 1950-1961. In 2000 or later, 8.40 of all residential buildings were built.
In Krefeld there are 5877 residential buildings, which are divided into condominiums, which corresponds to 13.11 of all residential buildings. 1457 apartments are owned by the municipality or a municipal housing company. This corresponds to 3.25 of all apartments. There are 7367 detached residential buildings, that is 16.43.
Do you have any questions or would like to test the real estate franchise?
A large increase in real estate demand in Krefeld can still be expected, because the favourable location and the good quality of life of the city on the western side of the Rhine will continue to be attractive to many people in the future. However, it is important for investors to find out about the properties before deciding on an object. Some districts are in high demand, while others should stay away from investors for the time being, because they are considered to be children of concern. This includes, among other things, the city centre of Krefeld.
Krefeld is definitely a good location for investors. The favourable transport links as well as some very attractive employers in the region will continue to increase the demand for housing in the future. If you get advice, you can lure a hefty return on investment in the right property. If we have aroused your interest, please contact us here on the topic of off-market investment properties.
The E1 Investments concept offers a proven system for the solid development of a business as a broker and owner of a real estate business. E1 Real Estate has the infrastructure and operating systems that enable us to offer first-class services with a team of brokers. You are investing in the market of the future.
| City of | Krefeld |
|---|---|
| Residents | 547172 |
| Area in km2 | 328.48 km2 |
| Ew./km2 (2016) | 1666 km2 |
| Änd. [] (previous year) | 0,62 % |
| Big city for the first time |
1852 |
| State of | Saxony |
| Economic focus | nanotechnology, IT, life science, tourism, plant construction |
| Unemployment rate | 6.8 (8/2018) |
| Top residential locations | Loschwitz, Blasewitz, Striesen-Ost, Bühlau, Weißer Hirsch |
| Vacancy rate | 2.1 (2014) |
| Rental mirror | (good location, from 76 m2, status: 2015) 7.99 € / m2 |
| Buildings with living space and inhabited accommodation inthe al. | 57159 |
| Number of single-family houses (detached buildings, semi-detached houses, terraced houses with exactly 1 apartment; only residential buildings) | 23865 |
| on all residential buildings | 43,13991323 |
| including: in detached building | 13697 |
| on all residential buildings | 24,75958062 |
| Residential buildings below: which are divided into condominiums |
8173 st. 14.77 |
| including: the municipalities or municipal whg. companies belong to |
80 0.14 |
| construction Residential building built before 1919 | 24.2 |
| Residential building built from 1950 to 1969 | 8.34 |
| Residential building built in 2000 or later | 10.73 |
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Real estate prices analysis for 80 locations throughout Germany
E1 Holding offers location analysis for real estate for almost 100 cities nationwide in all federal states. Our well-trained experts for real estate and investments as well as off-market real estate in various locations and sizes take a professional and authentic look at the real estate market at the respective location. In doing so, we determine realistic and continuously updated real estate prices depending on the market situation as well as a corresponding real estate forecast. We are constantly expanding the list of alphabetically ordered locations and intensively expanding the data base for more and more cities. In addition to investors and investors with budgets of all sizes, our nationwide location analyses are also valuable for housebuilders when deciding on a location. Click here
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