Property prices and market forecast
The state capital of Schleswig-Hollstein is the location of the largest German shipyard, the location of numerous ferry lines to Scandinavia and the Baltic States and three universities also with supra-regional significance. If you want to sail, the Kiel Fjord will be a household name. Culinaryally, the Kiel sprat is a specialty known about northern Germany. Due to its location near the Baltic Sea, Kiel is also a very interesting location for tourists.
Kiel has a population of 247,441, making the state capital one of the 30 largest cities in the Federal Republic. The city covers an area of 118.65 km2. This means that 2,085 inhabitants come in one km2. Compared to the previous year, Kiel grew by 0.46. In 1900, the city in Schleswig-Holstein achieved the status of a major city for the first time.
The A210 and A215 motorways run from the city area in Kiel to the A7. Kiel is connected to the north-south axis via the A7, so that you can easily reach the Hamburg-Flensburg line and finally Hanover and other cities in southern Germany.
The port in Kiel is an important economic factor. Accordingly, many logistics companies are based in Kiel, such as Schenker AG and COOP AG. There are also numerous mining companies linked to the port. ThyssenKrupp has the largest shipyard in Germany in Kiel. The unemployment rate in Kiel is on average at 8.3 in August 2018.
The top residential locations in Kiel are the districts of Düsternbrook, Russee, Holtenau, Strande, Schilksee and Kitzeberg on the east bank. The vacancy rate is currently quite high at 9.20. But this is expected to change in the near future. If you want to rent an apartment, you currently have to spend an amount of 8.36 € / m2.
There are a total of 37,151 residential buildings in Kiel. This initially affects 36223 residential buildings, without including dormitories. There are also living space in 802 other buildings. There are 112 dormitories in Kiel and finally 14 other accommodations that are inhabited.
4053 dwellings are divided into condominiums, or 11.19 of all residential buildings. Apartments owned by the municipality or municipal housing establishments are only 52. This corresponds to 0.14 of all apartments. Before 1919, 10.40 of all apartments were built. Between 1950 and 1969, 30.93 of all dwellings were built and finally 7.32 dwellings in the period from 2000 to the present day.
There are 21592 single-family houses in Kiel, which corresponds to 59.61 of all residential buildings. There are 8402 residential buildings vacant, i.e. 23.20 of all residential buildings.
Do you have any questions or would like to test the real estate franchise?
The real estate market in Kiel has been picking up speed for some time. One reason for this is demographic change. There are many seniors who are abandoning their existing housing complexes and investing in a more comfortable and barrier-free apartment near the center. Although these are sometimes objects in need of refurbishment, they quickly find buyers. Numerous new construction areas are also being planned in Kiel, which are also sought-after residential quarters. However, this movement in the real estate market is limited.
The generational change in Kiel brings the long-awaited movement into the real estate market. While for a long time hardly affordable apartments were available, now a considerable offer is available on the market again. . Those who want to invest in real estate in Kiel should decide now, because this window of opportunity will be closed again in the near future, when the generational change is completed. Anyone who invests in a property in Kiel can expect above-average returns in the future.
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 | Kiel |
|---|---|
| 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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