Commission-free properties from private in Leipzig

Green lungs, new lakes and large companies make Leipzig a great place to live

With over 530,000 inhabitants, the largest city in Saxony and eleventh largest city in Germany at the confluence of the rivers Weiße Elster, Pleiße and Parthe has an extensive alluvial forest area as well as a total of 19 artificial lakes created in old lignite mines in the Leipzig New Lakeland south of the city. In conjunction with the numerous parks and green spaces such as Apel's Garden or the Großbose Garden, the Upper Park including the Swan Pond, the Clara Zetkin Park, the Lößnig-Dölitz Recreation Park, the Friedenspark, the Güntz Park, the Johannapark, the König-Albert-Park, Mariannenpark, Palmengarten, Richard-Wagner-Hain, Volkspark Kleinzschocher and Park an der Etzoldschen Sandgrube in the Probstheida district, the city has been divided into ten boroughs with 63 districts since 1992 and offers a variety of green oases for recreation and leisure. After some difficult years following the political change in 1989, the economy is also booming again at the site of the world-famous Leipzig Trade Fair, which has been held since the middle of the 15th century. Since the 1990s, well-known car manufacturers such as Porsche and BMW have joined the traditional publishing, textile, plant and mechanical engineering industries with new plants. Local producers of communication and information technologies as well as the European Energy Exchange (EEX), the German Biomass Research Center (DBFZ) and many companies from the shipping, transport and logistics sectors (Quelle, Amazon, DHL, ProLogis, DB Schenker) have also chosen the heart of the extremely dynamic "Metropolitan Region of Central Germany" as the location for their activities.

An expensive place in Saxony, but still relatively cheap compared to the rest of Germany

Compared to the other cities in this important economic region, such as Chemnitz, Zwickau, Halle, Dessau-Roßlau and Gera, Leipzig, with the exception of Jena, now also has the highest regional real estate prices, with an average of just under EUR 2,100/m² currently payable when buying a house or apartment. This puts the cost level slightly above that of Saxony, but still well below the national average of currently around EUR 2,500/m². In the city's sought-after districts and residential areas, however, prices are sometimes significantly higher. For example, condominiums in Plagwitz, in the center (north, south, east, west, northwest, southeast), in Altlindenau, Lindenau, in Südvorstadt, in Anger-Crottendorf and in Gohlis-Süd already cost between approx. 2,200 and 3,800 euros/m². Properties in Böhlitz-Ehrenberg, Eutritzsch, Möckern, Stötteritz, Wahren, Connewitz, Gohlis-Mitte, Probstheida, Wiederitzsch, Dölitz-Dösen, Leutzsch, Lindenthal, Sellerhausen-Stünz and Volkmarsdorf are still available for less than .2000 euros/m². Bargain prices of less than EUR 1,000/m² for apartments, albeit mostly with simple building fabric, are offered by neighborhoods and districts such as Althen-Kleinpösna, Liebertwolkwitz, Marienbrunn, Neustadt-Neuschönefeld, Mockau-Nord, Paunsdorf and Reudnitz-Thonberg. House prices in Leipzig are currently around .1830 euros/m², higher than in the rest of Saxony and the rest of Germany. The most sought-after and therefore most expensive areas for single-family homes are Heiterblick, Zentrum-Südost, Altlindenau, Connewitz, Gohlis-Mitte, Gohlis-Süd, Dölitz-Dösen, Mölkau, Großzschocher and Probstheida with prices per square meter of between approx. 2,200 and 3,100 euros/m².

Rising population and student numbers, redevelopment and urban renewal in Leipzig real estate

As a result of the positive economic development described above, numerous incorporations and the rush to the university (Alma Mater Lipsiensis, AML) with its current 26,000 students, Leipzig has been one of the fastest growing German cities for over a decade, with an annual increase of around 10,000 people. Today, there is almost no sign of the massive vacancies that once existed; instead, new detached houses, apartment buildings and condominiums are being built everywhere. For example, on the 20,000 m² of urban building land at Lindenauer Hafen in the west of the city. The most sought-after residential areas include the Musikviertel residential area in the Südwestvorstadt district, the Bachstraßenviertel in the Äußere Westvorstadt district around Sebastian-Bach-Straße, the Waldstraßenviertel in the Zentrum-Nordwest district northwest of the city center and the Schleußiger Villenviertel in the Südwest district a good two kilometers southwest of the city center. Leipzig also continues to attach great importance to urban renewal. Designated development and redevelopment areas are Neustädter Markt, Neuschönefeld, Reudnitz and Prager Straße in the east, the town centers of Böhlitz-Ehrenberg, Lindenau, Plagwitz, Grünau and Kleinzschocher in the west, Gohlis, Eutritzsch, Innerer Süden, Connewitz-Biedermannstraße, Stötteritz and Liebertwolkwitz in the center, as well as Georg-Schumann-Straße in Gohlis and Georg-Schwarz-Straße in Leutzsch and Lindenau

Information on real estate in Leipzig:

• Leipzig has recovered well from the turmoil of reunification and is once again shining as a place to live
• Large green spaces and the new Leipzig Lake District offer recreation in nature
• Numerous new local companies offer many jobs in the city
• The renowned university is another reason for the growing population
• However, this attractiveness is causing property prices in the city center to rise sharply
• In some peripheral areas, however, properties are still available for less than 1,000 euros/m
• Extensive redevelopment and urban renewal are being driven forward