Real estate in Augsburg is invariably in demand among experienced investors who are able to correctly assess the situation on the market in a city with its own characteristics. Despite the fact that Augsburg as a university city is characterized by low purchasing power and by no means a low level of unemployment, such important indicators of the investment attractiveness of real estate as a stable local market of the city, a growing population, a high level of industrial development, excellent ecology and a high percentage of tenants stand on the side of the businessman. ... 
Features of the real estate market in Augsburg
Augsburg is a university city in the southwest of Bavaria with a population of over 293,000, second only to two other cities in the federal state - Munich and Nuremberg. Thanks to its 2000-year history, it is considered the most ancient city in Germany after Trier.
The appearance of the city, infrastructure, transport links
Augsburg strikes with its beauty: neat clean streets, harmoniously built houses and rich landscaping leave a favorable impression. The city forest in the southeast, the zoo, the botanical garden in the southern part of the city and the huge national nature park “Augsburg Western Forests” provide an opportunity to relax in the fresh air right in the middle of the big city.
According to the results of the 1997 competition, in which 9 European countries participated, Augsburg received the award “The most lively and greenest city”.
The proximity of nature makes Augsburg extremely attractive for residents of other German cities planning to move to a new place of residence. In addition, 16% of city dwellers are foreigners with no housing. And the Augsburg residents themselves do not seek to move, as evidenced by the positive dynamics of population growth.
Meanwhile, there are not so many homeowners here, and therefore it will be profitable for an investor to lease residential premises for a long-term lease.
The whole life of Augsburg is focused on education. There are more than 80 public and private schools, a technical college, a conservatory, several vocational schools and a university in the city. The Augsburg authorities annually allocate about 40 million euros for the maintenance of educational institutions. Hence, it follows that a student hostel, an apartment building near educational institutions and inexpensive apartments with an area of 30 m2 and 60 m2 will become an extremely profitable acquisition for an investor. Many students' parents are willing to help them pay their rent.
It offers ideal conditions for sports, especially aquatic species, as Augsburg is a “city of three rivers” and owns an artificial lake Kuhsee with an area of 15 hectares.
There are many different routes for runners, skaters and hikers, ten indoor and outdoor pools are available for swimmers, and canoeing is available for rowers.
There are 50 football fields, 60 gyms, 70 outdoor sports grounds. It hardly makes sense to buy a sports complex or a gym - there are 75 thousand athletes in the city, but the local population prefers outdoor exercise.
There are 935 doctors in private medical centers in Augsburg, but most of them are dentists (228 specialists) and therapists (152 specialists). Therefore, medical tourism is not as well established here as in Berlin, Bonn, Hamburg, Munich, Karlsruhe, Frankfurt am Main or Cologne. In this regard, the investor is unlikely to receive large incomes from apartments in the immediate vicinity of local clinics.
Augsburg has excellent transport links and road networks. A sufficient number of trams (5 routes, one more is planned) and buses (27 routes plus night buses) allows residents to reach residential areas on the outskirts of the city in a short time.
It also has its own airport. Often, people who have arrived on business issues prefer to rent an apartment instead of a hotel room, and therefore it would be reasonable to buy an apartment in Augsburg near the airport for daily rent.
Augsburg is a major scientific and industrial center. Close attention is paid to the issues of environmental technologies and high-tech innovations.
The factories of Siemens, Messerschmitt, MAN and others are also located on the territory of Augsburg. Jobs are provided by companies such as AVAG Holding AG (car trade and maintenance), Augsburg Airways (air transport), Anton Böhm & Sohn (music publishing house), Augsburger Aktienbank (bank), Betapharm Arzneimittel (pharmaceutical company), Brauhaus Riegele (brewing company).
The city's economy is stable - it does not depend on any particular industry.
In Augsburg, there are museums, theaters (including the famous Puppenkiste), cinemas, galleries: the population has a wide choice of places to spend leisure time, boredom does not encourage residents to move. The city market and numerous folk festivals bring the center to life.
As for tourism, Augsburg can be called a tourist city for the presence of a large number of attractions. But a significant part of the guests comes on a business trip or to visit relatives.
The average duration of a guest's stay in the city is 1.7 days, since the stay in Augsburg is limited to a short inspection within 1-2 days. Every year about 290,000 guests come here - they are accommodated by 40 hotels: 16 large, 14 middle class, 10 budget. In principle, the purchase of a hotel will bring the investor a solid income, but the profit will be seasonal, and it is worth focusing on hotels with conference rooms for businessmen.
City architecture, residential sector
Augsburg has at all times been wealthier and more brilliant than neighboring cities. Luxurious fountains, magnificent churches, sedate guild buildings, the town hall - a monument of secular architecture of the Renaissance - are integral components of the unique architectural appearance of Augsburg. Rococo and Baroque monuments, as well as buildings in the Art Nouveau style of the 19th-20th centuries are carefully preserved here.
Residential buildings occupy only a quarter of the territory of Augsburg, and together with the adjacent free zones. The authorities plan to develop the residential sector at the expense of 200 hectares of conversion areas, which already have expensive infrastructure. The rest of the territory is reserved for agricultural land and forests.
As of 2008, there were 36,106 houses in Augsburg (for a total of 546 thousand rooms) and 141,000 apartments, of which:
- 17,000 one- and two-room apartments (city statistics do not distinguish one-room housing as a separate category);
- 39,000 three-room apartments;
- 47,000 four-room apartments;
- 37,000 multi-room apartments.
Administrative division
Augsburg includes 17 counties and 42 districts:
| Counties | Areas |
|---|---|
| Innenstadt | -Lechviertel, östliches Ulrichsviertel -Innenstadt, St. Ulrich – Dom -Bahnhofs- und Bismarckviertel -Georgs- und Kreuzviertel -Stadtjägerviertel -Bleich und Pfärrle -Jakobervorstadt - Nord -Jakobervorstadt - Süd -Am Schäfflerbach |
| Oberhausen | -Rechts der Wertach -Links der Wertach-Süd -Links der Wertach-Nord -Oberhausen-Süd -Oberhausen-Nord |
| Bärenkeller | Bärenkeller |
| Firnhaberau | Firnhaberau |
| Hammerschmiede | Hammerschmiede |
| Lechhausen | -Lechhausen-Süd -Lechhausen-Ost -Lechhausen-West |
| Kriegshaber | Kriegshaber |
| Pfersee | -Rosenau- und Thelottviertel -Pfersee-Süd -Pfersee-Süd |
| Hochfeld | Hochfeld |
| Antonsviertel | Antonsviertel |
| Spickel-herrenbach | -Spickel -Wolfram- u. Herrenbachviertel |
| Hochzoll | -Hochzoll-Nord -Hochzoll-Süd |
| Haunstetten-Siebenbrunn | -Siebenbrunn -Haunstetten-Nord -Haunstetten-West -Haunstetten-Ost -Haunstetten-Süd |
| Göggingen | -Göggingen-Nordwest -Göggingen-Nordost -Göggingen-Ost -Göggingen-Süd |
| Inningen | Inningen |
| Bergheim | Bergheim |
| Universitätsviertel | Universitätsviertel |
Augsburg combines the advantages of a vibrant metropolis and an original small town. High technologies, many green areas and cultural development provide a decent standard of living for the population. The disadvantage for the investor is the local unemployment rate - it is approximately equal to the average for Germany, but turns out to be 2 times higher than the average for Bavaria.
This is explained by the specifics of large cities with a high percentage of non-indigenous population. In addition, the majority of students do not have their own income, which indicates the average indicator of the ability to pay of the population of Augsburg.
Features of the real estate presented on the real estate market by the counties of Augsburg
The table below reflects information about the characteristics of the real estate of each of the counties of Augsburg:
| County | Real estate, architecture | Attractiveness for certain segments of the population |
|---|---|---|
| Innenstadt (Innenstadt) | It is difficult to buy an apartment in the central part of Augsburg. The apartments are spacious and beautiful, the only drawback is the lack of parking spaces. You can also find cheap apartments where students live. | Childless couples, single people, students. |
| Oberhausen (Oberhausen) | Oberhausen has the most foreigners, many children - good and relatively cheap real estate is offered here for families. In the south of the district there are small single-family houses and apartment buildings. Near the station and on both sides of Donauwörther Straße are the capital's buildings. The area of Wertach-Nord is dominated by high-rise buildings. | Families of migrants |
| Bärenkeller | The two local residential areas differ significantly from each other. One of them is dominated by single-family houses with a large garden around, and in the other - apartment buildings. The northern part of the district consists almost exclusively of single-family homes and small apartment buildings with lavish gardens. In the southern part there is a residential complex of terraced houses. | Expensive houses are available only to wealthy families; cheap apartments in apartment buildings are inhabited by citizens with low incomes. |
| Firnhaberau (Firnhaberau) | Housing here was originally built for workers in factories in neighboring industrial areas, and therefore there are large gardens near the houses where vegetables and fruits were grown. Land in Augsburg is expensive, so it is precisely because of plots of 1600-1800 m2 that Augsburg residents move from other areas to Viernhaberau, and this provokes an increase in rental rates. | Pensioners and families with children. |
| Hammerschmiede | Mainly single family homes with medium sized gardens. There are several terraced and semi-detached houses. | Pensioners, poor families with children. |
| Lechhausen | The most populated area of Augsburg. In the east - large commercial and industrial areas, in the west - residential areas. The image of the area is created by large multi-family and terraced houses. Along the main roads Neuburger Straße (B10) or Blücherstraße, beautiful multi-family houses and single-family buildings can be seen. | Wealthy families with children, industrial workers. |
| Kriegshaber (Kriegshaber) | Modern single-family houses have been built on the territory of the former military barracks. The shape of the houses is simple, the facades are colorful. Individual structures can be called villas. Real estate is not cheap. | Young families with ambitions |
| Pfersee | Various housing options. The most beautiful are the Rosenauviertel and the historic Thelottviertel. The district has over 100 single-family houses with large green courtyards between them. Accommodation can be described as modern, but not overly luxurious. | Families with children |
| Hochfeld (Hochfeld) | The area consists exclusively of terraced houses with large courtyards and prefabricated buildings. | Families with children, retirees. |
| Antonsviertel | Nice expensive residential area. There are many beautiful two- and three-storey townhouses in neo-baroque style. The facades of the houses are painted in bright pleasant colors. On the opposite side of the district is one of the most famous modern buildings in the city - the tower of the Hotel Augsburg, 107 meters high. | Wealthy families with children and childless couples. |
| Spickel | There are several high-rise buildings on the railroad tracks. The rest - apartment and single-family houses, simple terraced houses with a garden. | Childless couples, retirees. |
| Herrenbach (Heerenbach) | Functional apartment buildings that were originally built for workers in a textile factory. There are many high-rise buildings in the south. In the west, dominated by single-family houses, small apartment buildings, there are several terraced houses. In the east, there are houses lined up, prefabricated and terraced. | Middle-income families with children |
| Hochzoll | A wide choice of housing - from frame and terraced houses to single-family buildings. It is not recommended to buy an apartment on the Friedberger Straße - it is extremely noisy here due to constant traffic jams. | Students, young couples. |
| Haunstetten-Siebenbrunn | Haunstetten has a wide variety of properties, from cheap student apartments to spacious townhouses. In Siebenbrunn - country estates, small houses with a large garden. | The well-developed infrastructure of Haunstätten, excellent transport links and many recreational opportunities have made the area equally popular for all segments of the population. Siebenbrunn is a village with several houses; rarely anyone moves here. |
| Göggingen (Göggingen) | In the eastern part there are rows of high-rise buildings, on the west side there are small single-family houses and apartment buildings. The northern part is occupied by industrial and commercial zones. Apartments can be found both luxury and budget. | Families with children, retirees. |
| Inningen | Rural quiet area. There are mainly single-family houses, there are also modern terraced houses. Tall apartment buildings are rarely seen. | Pensioners, families with children with average income. |
| Bergheim (Bergheim) | Sparsely populated rural area. The streets are lined with both old and new houses, most of which were built for one family. | Pensioners, single people with low incomes. |
| Universitätsviertel | Mostly multi-storey residential buildings (sometimes up to 200 apartments) of a pleasant appearance. The university is located in the west of the district, the residential area in the east. In the north you can find old buildings (rent is cheaper here), in the south there are fairly new buildings. | Students |
Commercial real estate
Commercial real estate in Augsburg is readily purchased by investors. However, one should take into account some of the features associated with the specifics of a university large city.
A retirement home with permanent residences will be a profitable acquisition. Currently, 30 such social institutions have been opened in Augsburg for a total of 3,900 places, 700 of which are places for part-time stays. For disabled people there are special houses for 270 places of permanent residence.
At the same time, statistics show that the city's population is aging. Between 2005 and 2008 alone, the number of young people aged 16-25 fell by 9%, while the number of older people over 60 increased by 19%.
Profitable objects can also be:
- small cafes in areas where students live, or in close proximity to universities, colleges and schools;
- apartment buildings with simple cheap apartments near educational institutions;
- student residences located as close as possible to educational institutions;
- one- and two-room apartments and rooms for daily rent near the airport.
The table below will help you to get acquainted with the current information about the commercial objects offered on the Augsburg market and the indicators of their profitability:
| Property object | Year built | Area, m2 ) | Profitability (%) | Absolute Income (EUR) | Cost (EUR) | Add. expenses (notary, purchase tax, broker's commission) |
|---|---|---|---|---|---|---|
| Refugee dormitory | 1912 | 390 | 6.7 | 135.000 | 2.000.000 | 1,5%, 3,5%, 4,8% |
| Shops in the suburbs | 2018 | 1050 | 5.3 | 206.640 | 3.900.000 | 2,0 %, 3,5 %, 4,8 % |
| Supermarket | 2015 | 1700 | 5.5 | 275.000 | 5.000.000 | 1,5 %, 3,5 %, 4,8 % |
| Hotel | 2016 | 5700 | 5.5 | 825.000 | 15.000.000 | 1,5 %, 3,5 %, 4,8 % |
| Office building | 2015 | 8400 | 4.5 | 450.000 | 18.000.000 | 1,5 %, 3,5 %, 3,6 % |
Prices for renting real estate of various sizes by districts
The cost of rental housing in Augsburg is lower than the average for Bavaria, but higher than in Germany as a whole. On average, 17.7% of monthly incomes, excluding utility bills, are spent on renting apartments for Agsburg residents (and this is an additional 205 euros per month for a dwelling with an area of 85 m2).
The most popular are one- and two-room apartments, due to the fact that the tenants are most often students. However, if the investor is ready to rent one apartment to several students, then young people can also rent multi-room housing for 4-5 people.
Housing in Augsburg is in high demand: according to statistics, it takes an average of 13 days from the date of the announcement of the rental of apartments to the arrival of tenants.It is profitable to start placing ads 6 months before the start of the academic year - it is during this period that students begin to look for housing for themselves and are faced with a shortage of offers on the market.
If the purchase of an apartment building or apartment seems like a large investment for the investor, there is also an option that does not require large expenses - sublease of housing. Again, you can rent an apartment during a period when students have managed to find a place to live, and post an advertisement for renting an apartment by the beginning of the school year - freshmen will be ready to accept the offer even if the price is too high. Alternatively, you can rent a multi-room apartment and rent out separate rooms - the total rent will exceed the original one.
It is possible to conclude a sublease agreement in relation to commercial real estate, but with this it is better to wait until a really good offer appears - it should be a student cafe or other youth institution. Rental prices are growing annually, therefore, having taken an object at one cost, you can raise the rate in a few months.
The table below provides information on the average rental prices for commercial properties in Augsburg:
| Commercial property | Area, m2 ) | Cost (euro / m2) |
|---|---|---|
| Office building (Innenstadt) | 646 | 12.5 |
| Retail warehouse (Göggingen) | 33.5 | 16.88 |
| Bistro bar (Pfersee) | 50 | 27.6 |
| Yoga studio, study room (Oberhausen) | 255 | 8.5 |
| Industrial land (Bärenkeller) | 4000 | 9.87 |
Apartment rental prices
The average prices for renting apartments in the city of Augsburg, the federal state of Bavaria and in Germany as a whole as of 2021 are presented in the table:
| Apartment area | Rental price (euro / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 30 m 2 | 13.67 | 15.45 | 11.14 |
| 60 m 2 | 10.4 | 11.65 | 7.64 |
| 100 m 2 | 9.54 | 10.6 | 8.95 |
The dynamics of prices for renting apartments in the city of Augsburg, the federal state of Bavaria and Germany for the period from 2021 to 2021:
| Year | Apartment rental prices (EUR / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 30 m 2 | |||
| 2011 | 7.96 | 10.79 | 7.63 |
| 2012 | 8.59 | 11.67 | 7.91 |
| 2013 | 9.12 | 12.67 | 8.38 |
| 2014 | 9.83 | 13.27 | 8.62 |
| 2015 | 10.83 | 14.2 | 9.41 |
| 2016 | 12.91 | 17.46 | 11.59 |
| 2017 | 13.44 | 16.4 | 9.68 |
| 60 m 2 | |||
| 2011 | 6.55 | 7.93 | 5.56 |
| 2012 | 6.82 | 8.09 | 5.69 |
| 2013 | 7.3 | 8.56 | 5.93 |
| 2014 | 8.04 | 8.96 | 6.12 |
| 2015 | 8.53 | 9.64 | 6.56 |
| 2016 | 9.53 | 11.01 | 7.34 |
| 2017 | 9.49 | 11.33 | 7.37 |
| 100 m 2 | |||
| 2011 | 6.72 | 7.77 | 6.11 |
| 2012 | 7.31 | 8.05 | 6.31 |
| 2013 | 7.58 | 8.26 | 6.72 |
| 2014 | 8.27 | 8.41 | 7.02 |
| 2015 | 8.63 | 8.95 | 7.61 |
| 2016 | 9.07 | 10.13 | 8.41 |
| 2017 | 9.11 | 10.51 | 7.49 |
The table below shows the average rental prices for apartments in Augsburg counties:
| County | Apartment rental price (EUR / m2) |
|---|---|
| Innenstadt | 12.37 |
| Oberhausen | 10.18 |
| Bärenkeller | 11.58 |
| Firnhaberau | 6.3 |
| Hammerschmiede | 9.17 |
| Lechhausen | 10.37 |
| Kriegshaber | 10.58 |
| Pfersee | 10.64 |
| Hochfeld | 10.57 |
| Antonsviertel | 13.6 |
| Spickel-herrenbach | 11.19 |
| Hochzoll | 10.8 |
| Haunstetten-Siebenbrunn | 10.18 |
| Göggingen | 12.54 |
| Inningen | 6.7 |
| Bergheim | 7 |
| Universitätsviertel | 10.72 |
Residential house rental prices
Average rental prices for residential buildings in Augsburg, Bavaria and Germany for 2021 are presented in the following table:
| House area | Rental price (euro / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 100 m 2 | 10.48 | 9.92 | 8.65 |
| 150 m 2 | 9.73 | 10.04 | 9.12 |
Dynamics of prices for renting private houses in Augsburg, Bavaria and Germany for the period from 2021 to 2021:
| Year | House rental prices (EUR / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 100 m 2 | |||
| 2011 | 8.04 | 8.42 | 7.04 |
| 2012 | 8.36 | 8.35 | 7.13 |
| 2013 | 8.56 | 8.65 | 7.26 |
| 2014 | 9.34 | 9.01 | 7.7 |
| 2015 | 8.62 | 9.35 | 7.79 |
| 2016 | 9.34 | 9.95 | 8.21 |
| 2017 | 9.31 | 10.3 | 8.92 |
| 150 m 2 | |||
| 2011 | 6.88 | 8.08 | 7.27 |
| 2012 | 7.66 | 8.1 | 7.07 |
| 2013 | 8.41 | 8.43 | 7.37 |
| 2014 | 8.25 | 8.53 | 7.57 |
| 2015 | 8.76 | 8.59 | 7.89 |
| 2016 | 9.29 | 10.17 | 8.62 |
| 2017 | 9.27 | 10.19 | 9.14 |
| 200 m 2 | |||
| 2011 | 6.9 | 7.48 | 6.89 |
| 2012 | 6.58 | 8.08 | 7 |
| 2013 | 7.14 | 8.16 | 7.15 |
| 2017 | 9.78 | 10.13 | 10.27 |
Average cost of residential and commercial property
The cost of apartments in Augsburg is about 8% lower than in Bavaria, but about 18% higher than the average for Germany. But private houses in Augsburg are quite expensive - their cost exceeds prices in Bavaria by about 24%, and in Germany - by as much as 75%. Especially expensive are villas and townhouses in the center, near rivers and in the immediate vicinity of large green areas.
The table shows the dynamics of demand for residential real estate in all counties of Augsburg (compared to 2021):
| County | Dynamics of demand for real estate (%) |
|---|---|
| Innenstadt | 7.6 |
| Oberhausen | 8.5 |
| Bärenkeller | 5.7 |
| Firnhaberau | 0 |
| Hammerschmiede | -7.7 |
| Lechhausen | 5.4 |
| Kriegshaber | 10.1 |
| Pfersee | 7.7 |
| Hochfeld | -1.2 |
| Antonsviertel | 0 |
| Spickel | 11.3 |
| Herrenbach | 5.5 |
| Hochzoll | 8.7 |
| Haunstetten-Siebenbrunn | 8.8 |
| Göggingen | 5.1 |
| Inningen | 15.9 |
| Bergheim | 15.2 |
| Universitätsviertel | -1.2 |
The sale of real estate in Augsburg is characterized by speed, and commercial properties are also being sold rapidly, despite the high cost. This is due to the fact that in the city there is a high demand for catering services, beauty salons, shops, entertainment centers, clubs, bars and other establishments, since mostly young people live in Augsburg, living an active social life.
You can see examples of the cost of commercial real estate in the table:
| Property object | Area, m2) | Price for 1 m2 (euro) | Cost (EUR) |
|---|---|---|---|
| Plot of land (Lechhausen) | 22.5 | 300 | 6.750.000 |
| Office (Innenstadt) | 77 | 2.532 | 195.000 |
| Workshop, new building (Innenstadt) | 2.23 | 1.334 | 2.975.000 |
| Retail space (Pfersee) | 222 | 1.574 | 349.000 |
| Premises for catering establishments (Innenstadt) | 183 | 1.011 | 185.000 |
Apartment prices
The following table shows the current average prices for 1 m2 of living space of apartments of various sizes in Augsburg, Bavaria, Germany:
| Apartment area | Apartment cost (euro / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 30 m 2 | 4037.66 | 4377.03 | 3141.71 |
| 60 m 2 | 3431.58 | 4209.48 | 2810.18 |
| 100 m 2 | 4031.04 | 4474.7 | 3402.82 |
Here is a table with indicators of price dynamics for apartments with an area of 30 m2, 60 m2 and 100 m2 for the period from 2021 to 2021 in Augsburg, Bavaria, Germany:
| Year | Apartment prices (EUR / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 30 m 2 | |||
| 2011 | 1383.14 | 1859.93 | 1411.03 |
| 2012 | 2103.14 | 2712.44 | 1690.04 |
| 2013 | 2411.76 | 2962.39 | 1929.9 |
| 2014 | 2722.97 | 3345.35 | 2233.51 |
| 2015 | 3012.79 | 3707.13 | 2480.27 |
| 2016 | 3350.89 | 3931.87 | 2552.38 |
| 2017 | 3680.37 | 4464.5 | 2300.03 |
| 60 m 2 | |||
| 2011 | 1795.84 | 2294.89 | 1520.6 |
| 2012 | 1960.98 | 2469.58 | 1596.73 |
| 2013 | 2396.32 | 2820.33 | 1789.22 |
| 2014 | 2595.15 | 3201.87 | 2044.3 |
| 2015 | 3024.75 | 3654.73 | 2359.35 |
| 2016 | 3430.31 | 3827.42 | 2396.09 |
| 2017 | 3783.64 | 4183.93 | 2264.1 |
| 100 m 2 | |||
| 2011 | 2426.18 | 2914.07 | 2168.36 |
| 2012 | 2516.94 | 3114.7 | 2261.62 |
| 2013 | 2893.18 | 3348.86 | 2499.54 |
| 2014 | 3140.71 | 3673.57 | 2754.88 |
| 2015 | 3435.91 | 3858.68 | 2950.97 |
| 2016 | 3356.56 | 4002.2 | 3022.58 |
| 2017 | 4377.47 | 4400.27 | 2841.54 |
The table below shows the average prices for apartments in the districts of Augsburg, where apartments are currently offered for purchase:
| County | Apartment cost (euro / m2) |
|---|---|
| Innenstadt | 4546.76 |
| Oberhausen | 2836.12 |
| Bärenkeller | 3715.65 |
| Firnhaberau | 3566.12 |
| Hammerschmiede | 3392.83 |
| Lechhausen | 3423.54 |
| Kriegshaber | 3319.43 |
| Pfersee | 3438.35 |
| Hochfeld | 2878.82 |
| Antonsviertel | 3774.01 |
| Spickel-herrenbach | 2951 |
| Hochzoll | 3501.22 |
| Haunstetten-Siebenbrunn | 3788.9 |
| Göggingen | 4513.52 |
| Inningen | 4100.95 |
| Bergheim | 4955.1 |
| Universitätsviertel | 3566.95 |
Residential house prices
Average prices for individual houses in Augsburg, Bavaria and Germany as of 2021 are shown in the table:
| House area | House value (EUR / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 100 m 2 | 3991.25 | 3203.52 | 2278.05 |
| 150 m 2 | 4621.71 | 2863.4 | 2161.69 |
| 200 m 2 | 4675.88 | 2713.34 | 1990.67 |
The dynamics of prices for private houses in Augsburg, Bavaria and Germany for the period from 2021 to 2021:
| Year | House prices (EUR / m2) | ||
|---|---|---|---|
| Augsburg | Bavaria | Germany | |
| 100 m 2 | |||
| 2011 | 2354.7 | 2108.75 | 1698.23 |
| 2012 | 2293.64 | 2112.14 | 1708.63 |
| 2013 | 2603.05 | 2182.48 | 1793.78 |
| 2014 | 2698.49 | 2292.15 | 1828.14 |
| 2015 | 2669.81 | 2466.61 | 1940.94 |
| 2016 | 3116.36 | 2448.11 | 2022.52 |
| 2017 | 3672.72 | 2595.61 | 2274.81 |
| 150 m 2 | |||
| 2011 | 2430.54 | 2076.4 | 1703.78 |
| 2012 | 2522.44 | 2025.46 | 1711.94 |
| 2013 | 2414.15 | 2084.42 | 1734.94 |
| 2014 | 2707.56 | 2205.46 | 1808.78 |
| 2015 | 2841.41 | 2300.26 | 1855.61 |
| 2016 | 3179.44 | 2233.09 | 1880.79 |
| 2017 | 3669.97 | 2341.62 | 2289.63 |
| 200 m 2 | |||
| 2011 | 2392.2 | 1855.05 | 1434.58 |
| 2012 | 2068.06 | 1789.52 | 1442.37 |
| 2013 | 2297.4 | 2023.94 | 1498.98 |
| 2014 | 3094.61 | 2234.52 | 1623.59 |
| 2015 | 2258.13 | 2444.01 | 1686.1 |
| 2016 | 3226.11 | 2090.68 | 1694.41 |
| 2017 | 3150.92 | 2271.65 | 1976.4 |
In the table below you will find the average prices for condominiums and private residences in the various districts of Augsburg:
| County | House prices (EUR / m2) | Condominium prices (EUR / m2) |
|---|---|---|
| Innenstadt | 4150.91 | 2750 |
| Oberhausen | 3449.55 | 1750 |
| Bärenkeller | 4219.41 | 1650 |
| Firnhaberau | 4145.46 | 2100 |
| Hammerschmiede | 4427.33 | 1550 |
| Lechhausen | 3531.49 | 2150 |
| Kriegshaber | 3768.79 | 2150 |
| Pfersee | 3540.5 | 2300 |
| Hochfeld | 4050.43 | 2000 |
| Antonsviertel | 4590.2 | 2300 |
| Spickel | 6590 | 2400 |
| Herrenbach | 2800.55 | 1550 |
| Hochzoll | 3333.87 | 1900 |
| Haunstetten-Siebenbrunn | 4960.87 | 2000 |
| Göggingen | 5175.25 | 2550 |
| Inningen | 3620.55 | 2550 |
| Bergheim | 4987.13 | 2750 |
| Universitätsviertel | 4110.65 | 2400 |
Conclusion
Real estate in Augsburg, both residential and commercial, is a profitable purchase. But do not forget about the specifics of large university cities. In addition, Augsburg has been aging in recent years - this paradox should also be taken into account and, possibly, focus not only on real estate in demand among young people, but also on housing and social institutions for the elderly.
Otherwise, all indicators taken into account when assessing investment attractiveness indicate that an investor should not miss the opportunity to invest in local buildings, but at the same time, he must carefully choose a city district: it must be popular not only among students and migrants, otherwise a businessman is at risk face insolvent demand.
In conclusion, we present the main average price indicators obtained in the course of the analysis of the investment attractiveness of Augsburg real estate:
| Index | euro / m2 |
|---|---|
| Average rental price | 7.80 |
| Average cost of 1 m 2 of housing | 2.300 |
| Average home value | 390.000 |
| The dynamics of real estate prices in comparison with the previous year (2017) | +6,60% |
