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Hannover is a city in Germany, the administrative center of the state of Lower Saxony, located on the banks of the river Leine.
The climate is temperate continental with comfortable, warm summers, windy and mostly snowless winters. The average annual temperature is plus 10 degrees Celsius, the highest figure in July is at around +19 degrees Celsius, January is the coldest month with temperatures on average plus 2 degrees Celsius. Heavy rainfall occurs in spring and autumn.
The economy is based on the following industries: automotive, energy, information and communication technologies, optics production. The city operates:
- Continental (tire factory),
- Komatsu Hanomag (a company that creates industrial machines and robots),
- Volkswagen (concern specializing in the production of mini-vans, buses),
- Varta (brand of the battery manufacturer),
- Tui (a concern operating in the tourism industry), other enterprises.
This creates conditions for attracting investors, living and working in the city.
The streets are landscaped, the city is ideal for a healthy and measured lifestyle. Hannover is Germany's candidate for the 2025 European Capital of Culture competition.
Advantages of living in the city:
- developed strong economy and infrastructure,
- transport accessibility (international airport, railway, federal highways, trams, buses, river transportation),
- tourist attraction,
- high tech medicine,
- effective education system (universities: medical and veterinary medicine, Leibniz, institutes: theatrical, music, media).
Attractions:
- The royal gardens of Herrenhausen in the Baroque style,
- Old city,
- new city hall,
- zoo,
- the world's largest trade and exhibition center,
- museums, galleries,
- theaters.
It is profitable to buy an apartment in Hannover from the owner. Choice nuances.
The advertising slogan “Everything is here now” is used not only among investors in the secondary real estate market somewhere in Brussels or Strasbourg, but also in Hannover, since the secondary market of the city is attracting more and more investor interest. Hannover offers a wide range of elite class apartments in the resale market, and relatively inexpensive apartments are also presented: studios, one-room and two-room apartments, cheap social housing. In the historic Old Town you can find quality restored condominiums that combine the interiors of the past with the comforts of the present. Due to the sufficient availability of schools, kindergartens and park areas, Hannover is especially popular for families with children. With several universities, the city is also attractive for education. Many students from various regions of Germany and other countries of the world are potential tenants. Here it is not as difficult as in other cities to find a job.
The GEOLN.COM real estate website with a convenient search interface helps investors to buy apartments in Hannover without intermediaries, where you can quickly and conveniently find an option according to the necessary characteristics (a wide selection of offers of verified objects with photos), 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 Hannover
The cost of an apartment in Hannover depends on the location (distance from the center), transport and environmental components, proximity to other infrastructure facilities, condition (presence or lack of repair). The most expensive apartments are located in the central and southern parts of the city. It is difficult to find more or less cheap apartments in Hannover, as in other German cities, as a rule, this is cooperative housing in a condominium, for which you need to join a cooperative. The undisputed number one place in terms of the attractiveness of the location of the apartment is the areas of Herrenhausen-Stocken, Sydstadt-Bult, Kirchrod, Waldheim, Isernhagen-Sud, Philosofenwie and closer to the zoo.
The price of buying an apartment for one square meter in the city center is 6,300 USD, away from the city center - 5,100 USD.
Buying a home in Hannover is a pragmatic decision to choose a place to live in a city with a developed infrastructure that meets all modern requirements and a successful, highly profitable investment.