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Location analysis Reutlingen: real estate prices and market forecast

Real estate market and investment potential Reutlingen

General Real Estate Information about Reutlingen

Reutlingen is the gateway to the Swabian Alb and the largest economic centre between Stuttgart and Lake Constance. The city belongs to the European metropolitan region Stuttgart and the neckar-alb region and offers a charming landscape and a lot of quality of life and leisure value.
The city is one of the old-industrialized cities of the state of Baden-Württemberg and has undergone many changes in the last century. Craft enterprises became industrial enterprises, with the textile industry as the most important pillar for many decades (flowering period at the end of the 1950s). Over time, other modern industries have emerged and the city is still undergoing a dynamic transformation.
In the 2016 Future Atlas, Reutlingen ranks 80th out of 402 counties, district-free cities and municipal associations, making it one of the regions in Germany with high future prospects. For investors interested in an investment property in Reutlingen, there are also numerous other indicators that support the location.

Residents Key Figures Reutlingen

In 2016, Reutlingen in Baden-Württemberg had 115,006 inhabitants, spread over an area of 87.06 km2. This is 1,321 people per square kilometre, 0.61 percent more than in the previous year.
Reutlingen first became a big city with more than 100,000 inhabitants in 1988 and has grown steadily, especially in recent years. In December 2017, there were 115,762 people living in Reutlingen. Around 15 percent of the population of Reutlingen has a migrant background – for them there is an integration council in the city that represents their interests.

Infrastructure Reutlingen

There is no motorway through Reutlingen, which limits the optimal accessibility a little. The only other big city in Germany without a direct motorway connection is Solingen. The A8 and A81 motorways are about half an hour from the city and can be reached via federal roads. The main federal roads are the B28, the B312, the B27 and the B464.
Reutlingen is connected to other parts of Germany via the rail network via Regio and IC. Buses run within the city. The nearest airport is Stuttgart International Airport.

Economy & Unemployment Rate Reutlingen

After the role of the textile industry in Reutlingen has diminished, the city is now a service location with significant industrial production. Mechanical engineering and the electrical engineering industry in particular are relevant production areas. The automotive industry is also based in Reutlingen, so the “Automotive Electronics” division of Robert Bosch GmbH is based in Reutlingen.
The unemployment rate in Reutlingen was 3.4 percent in August 2018, almost the Baden-Württemberg average of 3.1 percent.

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Real Estate and Investors Key Figures Reutlingen

Real Estate Market & Investment Potential Reutlingen: A lot is being built in Reutlingen, but demand is also constantly high. As everywhere else, prices in Reutlingen have risen in recent years. Both purchase and rental prices are creating a still tense market.

Basic real estate data

The most popular residential areas of Reutlingen include parts of Degerschlacht, Oferdingen, Reicheneck and Reutlingen-Mitte. Parts of Rommelsbach and Sindelfingen are also in demand. The vacancy rate in the city is 3.2 percent.
Especially affordable housing is difficult to find and especially apartments for one- to two-person households as well as for family-friendly living are rare. For a 60m2 apartment, an average of 13.51 euros is due per square meter, a horrendous price that rivals the most expensive cities in Germany such as Hamburg and Munich.

Buildings and housing statistics

There are 24,336 buildings with living space and inhabited accommodation in Reutlingen. 23,335 of these are residential buildings, other buildings with living space are 983 and in addition there are 18 dormitories in Reutlingen.

Data on residential buildings in Reutlingen

There are 3,320 residential buildings divided into condominiums in Reutlingen. That’s 14.23 percent of all residential buildings. 1,185 of these residential buildings are owned by municipalities or municipal housing companies. At 5.08 percent, this is an exceptionally high figure.
9.63 percent of all residential buildings in Reutlingen are old buildings, i.e. they were built before 1919. 38.03 percent of all residential buildings date from 1950 to 1969. 7.8 percent of all residential buildings are new buildings. This number will continue to rise, as a lot of new living space is to be created in Reutlingen in the future.

Data on single-family houses in Reutlingen

There are 15,055 single-family homes in Reutlingen in total, which is 64.51 percent of all residential buildings. The fact that two thirds of all residential buildings are single-family houses speaks to the high family density in Reutlingen. 6,482 of the single-family homes are detached, or 27.77 percent of all residential buildings.

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Investment in real estate: forecast for Reutlingen

Reutlingen is growing, has a solid industry and offers a lot of quality of life – even in the future.
Prices in Reutlingen continue to rise, so investors should not hesitate for long.

Assessment of the real estate market - Reutlingen

As a city with high future prospects, a well-positioned economy and a growing population, Reutlingen is well suited for an investment in commercial real estate or an investment in apartments.
However, the price level is difficult for an investment. Hugely high prices and a tight market make investments expensive – but they can be lucrative in the future.

Investing in a secure 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.

in

Year of

City of Reutlingen
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

Location analysis

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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