Buying a holiday flat in Germany is a tempting prospect for many investors. Whether on the coast, in the mountains or on picturesque lakes - the demand for property in attractive holiday regions remains unbroken. We have analysed the current asking prices for condominiums in almost 100 selected German holiday resorts and the results are revealing.
Exclusive Sylt: square metre prices over 20,000 euros
The North Sea island of Sylt tops the price rankings. In Kampen, one of the most exclusive locations on the island, the average price per square metre is 20,739 euros. Accordingly, a 75 square metre flat costs around 1.5 million euros. Other Sylt locations such as List, Wenningstedt-Braderup and the main town of Sylt also stand out with prices per square metre of between 11,527 and 12,596 euros.
East Frisian Islands: Prices are rising here too
Those who feel drawn to the East Frisian islands also have to dig deep into their pockets. Norderney tops the list with prices per square metre of €12,610, while Juist and Langeoog are also well above the national average.
Mainland as an inexpensive alternative
Property buyers on the mainland of Lower Saxony get off more favourably. Coastal communities such as Butjadingen and Wurster Nordseeküste offer existing flats for less than 3,000 euros per square metre - a real bargain compared to the islands.
Baltic Sea: From luxury to affordability
Prices also vary greatly on the Baltic Sea. The Baltic seaside resort of Timmendorfer Strand is the front runner with a price per square metre of 6,417 euros. Grömitz and Kühlungsborn follow close behind. Prices are significantly lower in Stralsund and on the Baltic Sea islands such as Rügen and Usedom, where prices range between €2,579 and €4,117 per square metre.
Alpine region: From Tegernsee to the Allgäu
The price differences in the Alps are also considerable. In Tegernsee, one of the most expensive locations, buyers pay up to 10,487 euros per square metre. In the Allgäu and particularly in Isny and Schönau am Königssee, on the other hand, flats are comparatively inexpensive with prices below 4,000 euros per square metre.
Lake Constance: Diverse and expensive
Lake Constance remains a popular but high-priced region. In Friedrichshafen, prices per square metre start at 4,172 euros, while prices in Constance are as high as 5,683 euros.
Conclusion: investment potential and potential returns
German holiday resorts offer attractive opportunities for property investors, particularly in view of the stable demand and the often limited availability of building plots. Long-term rentals and the enormous appeal of holiday regions can generate attractive returns. Despite high entry prices, especially in regions such as Sylt or Tegernsee, the potential for value appreciation remains high. However, investors should carry out careful market analyses and seek expert advice in order to make the best investment decisions. We carry out such analyses on a daily basis with our analysts. We currently analyse over 60,000 real estate projects in over 11,000 German cities.
The property market in German holiday resorts is diverse and offers opportunities for different budgets and investment strategies. Whether a luxurious retreat or a cosy domicile - it is worth taking a close look and comparing.
Are you interested in this topic? Then find out in our real estate webinar what options are available, where our construction sites are and how we carry out these analyses to always find the best project for our investors!
Kind Regards
Matthias Holzmann