Commission-free real estate directly from the owner in Nürnberg

Nuremberg economically

With a population of over 500,000, Nuremberg is the second largest city in Bavaria. Together with Erlangen, Fürth and Schwabach, these four cities form the economic and cultural center of northern Bavaria. Thriving companies such as Novartis, GfK, Nürnberger Versicherung, Bosch and Siemens have ensured a booming job market for years.

Living in Nuremberg with a high quality of life

A varied cultural landscape, a highly efficient infrastructure, a lot of green spaces and the geographical location make Nuremberg one of the cities in Germany with the best quality of life. Italso plays a role that Nuremberg has been one of the safest cities in Europe for years.

Culture and nightlife in Nuremberg

Those who like music are spoilt for choice with the Rock im Park festival, the Klassik Open Air and the dignified Nuremberg Opera Ball.
Whether cinema, theater, ballet or concert - Nuremberg offers something for everyone, not least thanks to the sometimes very quaint bars and pubs with their very own charm.

Real estate market in Nuremberg

As the economic and cultural center of northern Bavaria, Nuremberg has been an attractive real estate location for years, both for owner-occupiers and for foreign investors from neighboring Eastern Europe.

Development of prices for the purchase of condominiums in Nuremberg

The average property purchase price in Nuremberg is around €3,000/m², which is higher than average property prices in Germany. Commission-free offers are particularly popular.

Development of prices for the purchase of houses in Nuremberg

The purchase prices for a house in Nuremberg are above the nationwide real estate prices.

In the years 2012 - today, the development of the purchase prices for houses with 100 and 150 sqm living space shows a continuous upward trend. For 2014, we also expect a sustained positive development with continuous price increases in the 200 sqm segment again. Properties offered by privateownersare all the more interesting.

Development of rental prices for apartments in Nuremberg

The average rental price in Nuremberg is €8.83/m², which is above the national average.

Outlook 2014 for the real estate market in Nuremberg

Thanks to the booming labor market in Nuremberg, we expect high demand for real estate in 2014, as in previous years, for all property types from building land to single-family houses and condominiums. Buyers will continue to pay above-average purchase prices for newly built detached and semi-detached houses in particular, as well as for condominiums in prime locations, not least due to the extremely favorable interest rates currently available. Properties from private owners therefore have a particularly high priority.
We expect rents to develop in line with rising purchase prices
. Accordingly, offers without brokerage commission are in demand.

Despite brisk construction activity and additional living space, we assume that the existing supply of residential real estate in Nuremberg will not meet the high demand. Offersthat donot incur a brokerage fee will therefore be rare.