Real estate in Frankfurt Current prices 2024 and forecast 2025:
Frankfurt am Main, being the financial center of Germany and one of key cities in Europe, continues to attract investors and buyers real estate. Let's look at current real estate prices and forecasts for coming years.
Current real estate prices in Frankfurt:
Today the real estate market in Frankfurt is characterized by high demand and limited supply, which supports sustainable rising prices. Below are the average prices for different types of real estate:
Residential real estate:
Apartments: Average price per square meter in central areas such as Innenstadt and Westend is about 8,000 - 12,000 euros. In more remote areas such as Bornheim and Sachsenhausen, prices range from 6,000 to 8,000 euros per square meter.
Houses:The average price of houses in prestigious areas can reach 1.5 - 3 million euros, while in more affordable areas prices range from 600,000 to 1.2 million euro.
Commercial real estate in Frankfurt:
Office premises: Average rent Class A office fees in Frankfurt's business center is approximately 30 - 45 euros per square meter per month.
Retail space: Rent of retail space on popular streets such as Zeil can reach 200 - 300 euros per square meter in month.
Forecasts for the future:
Experts predict that the real estate market in Frankfurt will continue show growth in the coming years. Main factors influencing this forecast includes:
Economic stability and growth:
Frankfurt is one of the leading financial centers Europe, which contributes to a stable influx of investment and development business.The increasing number of international companies opening offices in the city is creating additional demand for office and residential space.
Infrastructure development:
Continuing development of infrastructure, including transport projects and improving the urban environment make Frankfurt more more attractive for living and doing business
Output
The real estate market in Frankfurt remains one of the most dynamic and attractive to investors in Germany. Despite high prices, strong demand and limited supply continue support market growth. Investors are advised to closely monitor economic and political changes, and also consider long-term prospects for investment in this region.