Augsburg is one of the oldest cities in Germany, located fifty kilometers west of Munich (the capital of Bavaria). The climate is humid continental (not too cold winters, warm summers), the average annual temperature is nine degrees Celsius.
Augsburg is an important transport hub (roads and railways pass through it), and there is an airport. The city is a high-tech center of information and communications, environmentally friendly technologies. Business is active here, many well-known and successful companies, in particular MAN (automotive concern), EADS (aerospace company), KUKA (robotics), Siemens (electrical engineering, medical equipment), etc. Augsburg is a student city, education can be obtained at the University of Augsburg, the University of Applied Sciences, the Conservatory.
Advantages of living in the city:
- stable economy,
- developed infrastructure,
- transport accessibility,
- tourist attraction,
- high tech medicine,
- prestigious education system.
Attractions:
- renaissance town hall
- bell tower Perlachturm,
- residential complex Fuggerei,
- episcopal residence,
- museums: art, Roman, textile and industry, Martin Luther, Leopold Mozart, Bertolt Brecht,
- Botanical Garden,
- Augsburg Western Woods National Park.
It is profitable to buy an apartment in Augsburg from the owners
Investment activity is especially evident here in the field of tourism and real estate (including in the segment of secondary apartments). This city is one of the most attractive in the country for investments in the field of secondary real estate with a high potential for market and population growth. The development of the secondary market, including apartments, will continue in the future, as an important factor in investment attractiveness is the high rent and moderate purchase price. At the same time, the infrastructure of the city is ideal for living, good transport links make it possible for passengers to quickly reach Munich or Stuttgart, and villages can also be easily reached via well-developed federal roads. Given the high demand for housing in Augsburg, it is difficult to find cheap apartments here. However, the investment pays for itself quite well due to rental income. Potential tenants:
- foreigners (about 20% of the city's population),
- citizens who prefer to live in a rented apartment (among the local population, only thirty percent are homeowners),
- visiting professionals and businessmen,
- students.
A profitable acquisition for an investor is a student hostel, an apartment building near educational institutions or inexpensive apartments of a small area (30-50 sq.m.) near the airport. The best residential areas in Augsburg are Bergheim, Antonsviertel, Jakobenvorstadt, Pfersee and Spikkel.
The GEOLN.COM real estate website with a convenient search interface helps investors to purchase secondary apartments without intermediaries, where you can quickly find an option according to the required characteristics (a wide selection of offers of verified objects with photos) and get expert advice. Owners of investment objects put up their options for sale on the site on their own. The purchase procedure is transparent, regulated in detail by law, which is confirmed by customer reviews.
Prices for apartments in Augsburg
The average cost of resale apartments is 5300 euros per square meter, which is inexpensive compared to Munich.
Investing in resale apartments in Augsburg is a profitable investment that provides high rental income, the opportunity to live and do business in a city of high business activity and developed infrastructure.
Welcome!