Dortmund is a city of land subordination in the west of Germany, located in a picturesque valley between the rivers Ruhr and Emscher.
Maritime climate. The warmest month is July, with an average temperature of 17.8°C, the coldest is January, with an average temperature of 1.7°C.
Today, the city is transforming from an industrial metropolis into an important service and technology center, an insurance and retail center, an important scientific and high-tech development site, and one of the cultural and economic centers of Germany. Dortmund is also an important transport hub, thanks to the largest harbor canal in Europe, connecting with important seaports in the North Sea. Every year the city becomes more and more important in the field of tourism.
Benefits of living and investing in Dortmund:
- economic potential;
- transparent legislative framework;
- ecological purity of the region;
- developed transport infrastructure;
- a wide range of housing options;
- stable rental income;
- affordable prices in the secondary market.
How to profitably buy an apartment in Dortmund: offers on the market
The secondary market of Dortmund is very diverse. There is a wide selection of quality apartments (luxury, studios, one-room, etc.). Apartments for sale in Dortmund are of high quality; the region has a well-developed social infrastructure. The city has large industrial, transport and financial enterprises, prestigious educational institutions, so it attracts thousands of tourists, which guarantees high profits for homeowners.
Buying an apartment in Dortmund is extremely profitable in terms of investment. This is due to the high demand for rentals, as more than half of the population lives in rented apartments. Thanks to this, you can get a stable income by renting (long-term and short-term) secondary real estate. A weighty argument for buying an apartment on the local market is that Dortmund offers properties up to 10-15% profitability with excellent liquidity. According to experts, the entire region of North Rhine-Westphalia is in the growth stage, a steady increase in rates for both rent and purchase of residential real estate is expected.
Website for buying and selling apartments in Dortmund
The GEOLN.COM website with a convenient search interface helps investors to find and buy cheap housing in Dortmund. Thanks to the features of the website, you can quickly and easily select apartments according to the required parameters without intermediaries and use the advice of specialists. The catalog contains verified objects of the city, which are placed on the site by homeowners on their own.
The cost of an apartment in Dortmund
Prices for apartments in Dortmund depend on location, area, condition (repair), year of construction, availability of nearby infrastructure and communications. The average cost of an apartment in the city is 2,482 euros per square meter.
How to buy an apartment in Dortmund: the nuances of investing
There are no restrictions on buying an apartment in Dortmund for foreigners. The buying and selling process is completely transparent. The owners of the secondary housing receive a stable profit, and their investments are protected by the state. Foreign buyers can also count on receiving a bank mortgage loan, installment plan, like for the citizens of the country (the loan rate is about 3% per annum, that is, several times lower than in the CIS countries).
Before buying, we recommend not only viewing the photos of the selected object, but also reading the reviews of the residents of the house and the area.
We suggest that you seek qualified assistance from specialists to minimize risks and losses. GEOLN experts carry out a high-quality selection of apartments in Dortmund from the owners according to individual parameters. The purchase and sale of apartments in Dortmund is accompanied by professionals who provide the preparation of the necessary documents and the complex execution of transactions.
Buying a home in Dortmund is a profitable investment that provides income and the opportunity to live and do business in one of the largest and most successful metropolitan areas in the EU.