Commission-free real estate directly from the owner in Duisburg

A city undergoing structural change: Courtage-free living on the Rhine and Ruhr

Nearly half a million people live in the North Rhine-Westphalian city of Duisburg on the western edge of the Ruhr region. Best known in Germany for the famous crime scene detective Horst Schimanski, Duisburg has much more to offer its residents than Sunday crime entertainment. The cityscape of the town at the mouth of the Ruhr into the Rhine is characterized by the largest inland port in the world: on a total area of around 1,350 hectares, 110 million tons of goods were handled here in 2012, according to the port company duisport. According to duisport, the Port of Duisburg thus provides a total of around 40,000 jobs in the region. At the same time, the large inland port is a popular destination for weekend activities - be it an exciting harbor tour or a visit to the famous Museum of German Inland Navigation. Another highlight of the city is the famous Duisburg-Nord Landscape Park with numerous leisure activities and regular cultural events, which was created on the site of a former iron and steel works in Duisburg-Meiderich. Incidentally, despite the many abandoned blast furnaces and mines, the steel industry still shapes the economic life of Duisburg today, as ThyssenKrupp Steel Europa AG has its headquarters here. Thanks to its favorable transport location and large port, Duisburg has also developed into a center of the logistics industry with branches of Kühne + Nagel, Deutsche Bahn AG and many other companies.Inaddition, Duisburg now forms a Germany-wide center for call center services.

Mostly commission-free: The Duisburg real estate market

However, the existence of numerous job-creating companies in Duisburg cannot hide the fact that the city has been hit particularly hard by structural change in the Ruhr region since the steel crisis of the 1970s. The population has been declining for years - more sharply than in any other city in the Ruhr region. For real estate seekers, however, this development has pleasant consequences: A large selection of properties, low rental and purchase prices, and an above-average number of commission-free offers. According to the Real Estate Compass of the business magazine Capital, the Duisburg real estate market is characterized by contradictory price trends. According to this, the purchase prices for top properties in good locations - for example, near the port, in the Kaiserberg villa district, in the Baerl district or in the south of the city - are rising, while they are actually falling in average or poorer locations. Overall, rental and purchase prices in the city of Duisburg are relatively low. According to information from the real estate portal immobilienscout24.de, one pays no more than an average of 5.30 euros per square meter for a rented apartment, condominiums are already available for around 1,050 euros/square meter, and owner-occupied homes for 243,000 euros. Good times thus for house or housing-looking for in Duisburg, which have the goal of renting or of buying a real estate free of brokerage. Providers of apartments and houses in Duisburg, on the other hand, increase their chances of concluding a contract quickly enormously if they offer their property without a broker, private to private, because the range of commission-free competing offers is large in the North Rhine-Westphalian port city.

Living in Duisburg

Source: immobilienscout24.de