Commission-free real estate directly from the owner in Leipzig

Green lungs, new lakes and large companies make Leipzig worth living in

With a population of over 530,000, Leipzig is the largest city in Saxony and the eleventh-largest city in Germany. Located at the confluence of the Weiße Elster, Pleiße and Parthe rivers, it boasts not only extensive alluvial forests but also a total of 19 artificial lakes created in old lignite mines in the Leipzig Neuseenland region south of the city. In connection with the numerous parks and green spaces such as Apel's Garden or the Grossbose Garden, the Upper Park including the Swan Pond, the Clara Zetkin Park, the Lößnig-Dölitz Recreation Park, the Friedenspark, the Güntz Park, the Johannapark, the König-Albert-Park, the Mariannenpark, the Palmengarten, the Richard-Wagner-Hain, the Volkspark Kleinzschocher and the Park an der Etzoldschen Sandgrube in the district of Probstheida, the city, which has been divided into ten districts with 63 neighborhoods since 1992, offers a multitude of green oases for recreation and leisure. After a few difficult years following the political turnaround in 1989, the economy is also humming again at the site of the world-famous Leipzig Trade Fair, which has been held here since the middle of the 15th century. Since the 1990s, the traditional sectors of publishing, textiles, plant engineering and mechanical engineering have been joined by well-known car manufacturers such as Porsche and BMW with new plants. Local producers of communication and information technologies as well as the energy exchange "European Energy Exchange (EEX)", the "German Biomass Research Center (DBFZ)" and many companies from the shipping, transport and logistics sectors (Quelle, Amazon, DHL, ProLogis, DB Schenker) have also chosen the heart of the immensely dynamic "Metropolitan Region of Central Germany" as a location for their activities.

In Saxony an expensive place, in a national comparison still relatively favorable prices

Compared to the other cities in this important economic region, such as Chemnitz, Zwickau, Halle, Dessau-Roßlau and Gera, Leipzig - with the exception of Jena - now also has the highest regional real estate prices, with an average of just under 2,100 euros/m² currently due when buying a house or apartment. This means that the cost level is slightly above that of Saxony, but still quite significantly below the national average of currently around 2,500 euros/m². In the city's sought-after neighborhoods and residential areas, however, prices are sometimes significantly higher. For example, condominiums in Plagwitz, the city center (north, south, east, west, northwest, southeast), Altlindenau, Lindenau, Südvorstadt, Anger-Crottendorf and Gohlis-Süd already cost between around 2,200 and 3,800 euros/m². Properties in Böhlitz-Ehrenberg, Eutritzsch, Möckern, Stötteritz, Wahren, Connewitz, Gohlis-Mitte, Probstheida, Wiederitzsch, Dölitz-Dösen, Leutzsch, Lindenthal, Sellerhausen-Stünz and Volkmarsdorf are still available for under .2000 euros/m². Bargain prices of less than 1,000 euros/m² for apartments with mostly simple building fabric are offered by neighborhoods and districts such as Althen-Kleinpösna, Liebertwolkwitz, Marienbrunn, Neustadt-Neuschönefeld, Mockau-Nord, Paunsdorf and Reudnitz-Thonberg. House prices in Leipzig are currently around .1830 euros/m², which is higher than in the rest of Saxony and the rest of Germany. The most sought-after and thus most expensive neighborhoods for single-family homes are Heiterblick, the Zentrum-Südost, Altlindenau, Connewitz, Gohlis-Mitte, Gohlis-Süd, Dölitz-Dösen, Mölkau, Großzschocher and Probstheida, with prices per square meter of between approx. 2,200 and 3,100 euros/m².

Rising population and student numbers, redevelopment and urban renewal in Leipzig real estate

Due to the good economic development described at the beginning, numerous incorporations and also the rush to the university (Alma Mater Lipsiensis, AML) with its currently good 26,000 students, Leipzig has been one of the fastest growing German cities for a good decade with an annual increase of approx. 10,000 people. Today, almost nothing can be seen of the former massive vacancy rate; instead, new single-family homes, apartment buildings and condominiums are being built everywhere. One example is the 20,000 m² of urban building land at Lindenauer Hafen in the west of the city. The most sought-after residential locations include the Musikviertel residential area in the southwest suburb, the Bachstraßenviertel in the outer west suburb around Sebastian-Bach-Strasse, the Waldstraßenviertel in the Zentrum-Nordwest district northwest of the city center and the Schleußiger Villenviertel in the southwest district a good two kilometers southwest of the city center. Urban renewal continues to enjoy great importance in Leipzig. Designated promotion and redevelopment areas are Neustädter Markt, Neuschönefeld, Reudnitz and Prager Strasse in the east, the center of Böhlitz-Ehrenberg, Lindenau, Plagwitz, Grünau and Kleinzschocher in the west, Gohlis, Eutritzsch, Innerer Süden, Connewitz-Biedermannstrasse, Stötteritz and Liebertwolkwitz in the center, and Georg-Schumann-Strasse in Gohlis and Georg-Schwarz-Strasse in Leutzsch and Lindenau.

Information on real estate in Leipzig:

• Leipzig has recovered well from the turmoil of reunification and is once again shining as a place to live.

• Large green spaces and the new Leipzig Lake District offer recreation in nature

• Numerous new local companies offer many jobs in the city

• The renowned university is another reason for the growing population

• However, this attractiveness is causing property prices in the center to rise sharply

• In the outskirts, however, there are still properties available for less than 1,000 euros/m².

• Area-wide redevelopment and urban renewal are being driven forward