Nuremberg is a city in Germany, in the federal state of Bavaria, located on the river Pegnitz.
The climate is maritime with a certain humid continental influence. Winters are inconsistent, with moderate to cold weather (average temperatures range from -3°C to 4°C), summers are generally warm (preferably around 13°C at night, up to 25°C during the day).
Nuremberg is the largest economic and cultural center of Franconia and its unofficial capital. The economic strength in Nuremberg is stable and characterized by a diverse mix of industries. Companies in services, finance, insurance and real estate, as well as communications are widely represented. In addition, world-renowned companies from the manufacturing, high-tech and medical sectors are located in Nuremberg. The European Capital Region of Nuremberg is one of the most innovative regions in Germany with a large number of start-ups.
Nuremberg is popular among tourists from all over the world due to its magnificent architecture, rich history and rich cultural life (about 700 public events are held in the city every year). Here you can feel the special atmosphere of old Germany, which is harmoniously intertwined with the young spirit of a modern European city.
Benefits of living and investing in Nuremberg:
- excellent location (communication with major European centers);
- developed infrastructure, services of enterprises that operate efficiently and profitably;
- a large number and availability of jobs;
- affordable prices for secondary housing, food and utilities compared to other cities in the country;
- ever-increasing prices for residential real estate;
- a transparent legal and tax system that allows you not to fear for the safety of your capital.
How to profitably buy an apartment in Nuremberg: offers on the market
According to real estate experts, the city's secondary market is growing dynamically and is considered very attractive. Currently, Nuremberg resale properties are of interest to numerous private investors and are in great demand both among those who buy them as a reliable investment, and among those who want to increase their capital by renting out housing.
Nuremberg's housing market is very diverse, with a wide range of quality apartments (studios, one-room apartments, two-room apartments, three-room apartments, etc.). The trend towards small apartments, which can be observed, for example, in Munich, has so far bypassed Nuremberg. Three-room apartments are the most popular here. In the city, mini-apartments are bought only by investors who want to invest quickly.
It is worth investing in Nuremberg's secondary housing right now. In recent years, rental and purchase prices have risen significantly. Expert forecasts prove that the boom in the city will continue, as the influx of highly qualified specialists guarantees tenants to apartment owners at any time.
The city is divided into seven districts, each of which has its own advantages. The central district of Mitte is the most favorite among tourists and the most popular for buying apartments in.
Website for buying and selling apartments in Nuremberg
The GEOLN.COM website with a user-friendly search interface helps investors find and buy apartments in Nuremberg inexpensively. You can quickly and easily select an apartment 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.
Cost of living in Nuremberg
A square meter of living space in the secondary market now costs an average of 2,500 euros. The price per square meter for buying an apartment in the city center is 4,600 euros (the price range is from 3,500 to 7,000 euros). Apartment prices in Nuremberg are steadily rising, so in order to buy a cheap apartment in Nuremberg, you need to look for a suitable option and invest as soon as possible. It should be noted that in the future the price trend in the city will increase (by 58% in the coming years according to experts' forecasts).
How to buy an apartment in Nuremberg: the nuances of investing
A citizen of any country has the right to purchase housing in Nuremberg. The process of buying an apartment in Nuremberg is completely transparent. The owner of secondary real estate receives a stable income, his investments are protected by the state. However, before buying, we recommend not only viewing the photo of the selected object, but also reading the reviews of the residents of the house.
We suggest that you seek qualified assistance from specialists to minimize risks and losses. GEOLN experts carry out a high-quality selection of an apartment from the owners according to individual parameters. The purchase and sale of apartments in Nuremberg is accompanied by professionals who provide the preparation of the necessary documents, the complex execution of transactions.
Buying a home in Nuremberg is a profitable investment that guarantees a stable income, high quality of life in one of the safest cities in Germany.