fbpx

Location analysis Göttingen: Real estate prices and market forecast

Real estate market and investment potential Göttingen

General Real Estate Information about Göttingen

The district town of Göttingen is a young city, with a student share of 20 percent. The long-established Georg-August-University and two other universities have a strong influence on the city, both in terms of population and economic location factors.
Göttingen is becoming more and more popular for housing and real estate prices in the city have known only one way for years: upwards. As many of the major cities in Germany, such as Hamburg and Munich, are no longer affordable, many investors are increasingly looking for investment properties in major cities of the second tier. This includes Göttingen.

Residents key figures Göttingen

Göttingen is located in the south of Lower Saxony and is part of the metropolitan region of Hanover-Braunschweig-Göttingen-Wolfsburg. Since the Middle Ages, Göttingen has grown almost constantly and in 2016 119,177 people lived in the city. Due to the fact that half of all students in Göttingen did not register their main residence, the actual number of inhabitants is higher. It is estimated at around 132,000 people.
The inhabitants of Göttingen are spread over 116.89 km2, which means that 1,020 people live on one square kilometre. Compared to 2015, the population has grown by 0.22 percent – a positive sign that speaks for the attractiveness of Göttingen.
Göttingen was the first big city in 1964, which is due to various incorporations at that time.

Infrastructure Göttingen

Göttingen is relatively centrally located in Germany, on the A7 and A38 motorways. In particular, the A7 is an important north-south route in Germany and runs from the Danish border near Flensburg via Hamburg and Hanover to the Austrian border in the Allgäu. The federal roads that run through the Göttingen city area are the B3 and the B27.
In Göttingen, both ICs and ICEs of the German railways stop, with buses running within the city. The nearest airports are a little further away – Paderborn Lippstadt is closest. Airports in Erfurt and Hanover are also accessible.

Economy & Unemployment Rate Göttingen

Göttingen is considered a location for science, education and research. In addition to the universities, five Max Planck Institutes and the German Aerospace Center are located there. Forty-five Nobel laureates came or come from Göttingen – an immensenumber.
Furthermore, many companies from growth sectors such as photovoltaics and biotechnology are based in Göttingen. Another important economic focus of the city is measurement technology. Unemployment in Göttingen stood at 5.8 percent in August 2018, a good figure in Germany.

Long-time experienced real estate agents wanted for existing customer support!

Real Estate and Investors Key Figures Göttingen

Göttingen is becoming more and more popular. If you want to invest in an apartment or an investment in a commercial property, you should not wait too long. After all, investment properties in Göttingen are becoming more and more expensive. From 2017 to 2018, the price level for real estate there has risen by an average of 10 percent. Especially single- and two-family houses in the urban area are becoming more and more popular and the prices for this
have increased by 60 percent since 2010.

Basic real estate data

This is almost as much as in the much larger and neighboring Hanover. There, the prices are 9.50 euros per square meter. The vacancy rate in Göttingen is 3 percent and as demand increasingly exceeds supply, the districts in the Speckg Belt around the city are also becoming increasingly popular.

Buildings and housing statistics

There are 19,527 buildings with living space and inhabited accommodation in Göttingen. 18,434 of these buildings are residential buildings, 890 are other buildings with living space and 200 are dormitories. Other inhabited accommodations are available in Göttingen 3.

Data on residential buildings in Göttingen

There are 2,613 residential buildings divided into condominiums in Göttingen. This represents 14.17 percent of all residential buildings. 622 of these residential buildings are owned by municipalities or municipal housing companies, or 3.37 percent. The density of old buildings in Göttingen is quite high – 12.51 percent of all residential buildings were built before 1919. Between 1950 and 1969, 34.54 buildings were built. 5.77 percent of all houses have been standing since 2000 or later.

Data on single-family houses in Göttingen

Single-family houses are gaining popularity in Göttingen. There are 8,972 single-family homes in Göttingen, which is 48.42 percent of all residential buildings. 3,376 of these detached houses are detached, or 18.31 percent of all residential buildings.

Do you have any questions or would like to test the real estate franchise?

We look forward to hearing from you!

Investment in real estate: forecast for Göttingen

Thanks to promising industries and an important university, Göttingen will continue to grow. As Hanover and Hamburg become more and more expensive, cities like Göttingen become more popular and prices are rising there as well.

Assessment of the real estate market - Göttingen

An investment property in Göttingen can make sense for investors. Although prices have risen in recent years, the city is still cheaper than Hamburg, Munich, Düsseldorf or Cologne.
Due to the good economic prospects for the city and the enormous importance of the entire metropolitan region, an investment in real estate in Göttingen can be worthwhile for investors. Especially single- and two-family houses are more and more in demand.

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 Göttingen
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

Benefits for Investors & Owners of Registration with E1 Holding

Competent advice on your investment.

Many years of experience with large investments & large-scale projects.

Our references speak for themselves.

We bring together investors and owners for large-scale projects.

Earn the big money with the right real estate!

With just one shop, you’re in the fast lane! Get in touch now!

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

Previous
Next
Previous
Next

Stay up to date

Our press releases

Agency law from December 2020

Agency law from December 2020 What do real estate agents have to pay attention to from 23.12.2020? For information for our brokers and E1 licensees: Shortly before Christmas, there was a change in the brokercommission commission: the new law on brokerage commission from 23 December 2020 was already adopted by the German Bundestag in June

Read more »
Sell Residential Properties

Real estate market Boomt

E1 Holding expands with 3 further Locations 2 x Berlin and 1x Cologne E1 Holding expands with three other locations Despite Corona, the real estate market is booming, and E1 Holding continues to grow successfully. In Germany, three new locations are now added to the existing 43 locations. Two of them are located in Berlin,

Read more »
Topic End-of-year business in real estate

Topic End-of-year business in real estate

Topic End-of-year business in real estate End-of-year business real estate End-of-year business real estate – High Noon for real estate agents, investors and property owners It is well known that, in terms of average annual turnover, most transactions take place on the real estate market around the turn of the year. This applies to both

Read more »
Пузырь недвижимости Германия

Real estate bubble Germany

Real estate bubble Germany Threatens a Massive Crash? Property prices in Germany have increased significantly in recent years. After the global housing crisis just over a decade ago, fears are once again being raised that there could be a housing bubble in Germany. Experts warn that in many regions of our country, house and condominium

Read more »
Когда ловушки цены на недвижимость

When traps real estate prices

When do real estate prices fall? The real estate market follows different rules The real estate market follows different rules from the markets of other products. Who simply refers to the law of supply and demand in response to the question “When do real estate prices fall?” definitely falls short. For example, the real estate

Read more »

Find real estate agents

Find real estate agents A small detached house Buy or sell a small detached house or condominium – the easiest and safest way to do this is through the mediation of a local real estate agent. You can find the best real estate agent if you make a thorough comparison in advance. Check (,) the

Read more »
Успешно даже во времена кризиса с недвижимостью

Successful even in times of crisis with real estate

Successful even in times of crisis with real estate The Corona crisis has The Corona crisis has long since reached the real estate market. This raises the interesting question of whether a real estate agent or a real estate investor is actually one of the winners or the losers of this crisis. Surely one or

Read more »
Инвесторы ищут недвижимость, как никогда раньше!

Investors are looking for real estate like never before!

Investors are looking for real estate like never before! It’s not a new insight from the Corona Crisis that investors flee in times of crisis in tangible assets such as real estate. This is no different during the Corona crisis. However, as a real estate owner, real estate investor, or real estate agent, you should

Read more »

Will the German Property Market Sink or Swim during the COVID-19 Pandemic?

Will the German Property Market Sink or Swim during the COVID-19 Pandemic? The COVID-19 crisis has come as a shock to global economies. In Germany, the pandemic has had a devastating impact on the economy, and no sector is left untouched. Even real estate, which is usually safe from market fluctuations, is experiencing instability due

Read more »
Scroll to Top