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Krefeld Fischeln Nordrhein Westfalen

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Property for sale in Krefeld Fischeln Nordrhein Westfalen

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Real estate insights for Krefeld Fischeln Nordrhein Westfalen

AspectSummary
PopulationApproximately 35,000 residents.
Average Property PriceAround €2,500 to €3,000 per square meter.
Rental YieldEstimated between 4% to 6%.
Average Rent€10 to €12 per square meter.
Occupancy RateHigh, around 95%.
Capital Growth RateModerate growth, about 3% annually.
Property TaxApproximately 0.3% to 0.4% of property value.
Transaction CostsAround 7% to 10% (including notary fees, registration, etc.).
Expected ROIAverage ROI expected around 6% to 8%.
Economic Growth ImpactStable economic growth in the region.

Krefeld Fischeln Nordrhein Westfalen FAQ

  • What factors influence real estate prices in Krefeld Fischeln?

    Real estate prices in Krefeld Fischeln are influenced by several key factors. Firstly, the neighborhood’s accessibility plays a significant role; proximity to public transportation options, such as bus and train stations, typically enhances property values. For instance, homes located near the Krefeld-Oppum train station may command higher prices due to ease of commute to larger cities like Düsseldorf. Secondly, local amenities, including schools, parks, and shopping facilities, contribute to demand; properties near reputable schools like the Grundschule Fischeln tend to attract families and thus can see inflated prices. The overall economic health of the area also affects real estate values; a thriving local economy with low unemployment rates can increase buyer confidence and drive prices up. Lastly, trends in the real estate market, such as fluctuations in interest rates or changes in housing demand, can profoundly impact how properties are priced in this district. For example, a rise in remote working trends due to the pandemic has led to increased interest in suburban living, which may also elevate prices in Krefeld Fischeln.

  • How do real estate prices in Krefeld Fischeln compare to nearby areas?

    Real estate prices in Krefeld Fischeln tend to be more affordable compared to nearby areas such as Krefeld's city center or Düsseldorf. In Fischeln, the average price per square meter for residential properties is around €2,500, while in Krefeld's city center, prices can soar to approximately €3,200 per square meter. Similarly, Düsseldorf, which is just a short commute away, exhibits even higher real estate costs, with averages reaching up to €4,500 per square meter in desirable neighborhoods. The demand in Fischeln has been increasing due to its family-friendly atmosphere and green spaces, though it remains overshadowed by the bustling urban environments of its larger neighboring cities. Interestingly, older homes in Fischeln can be found at prices starting low, around €200,000, which provides options for buyers compared to the starting prices for comparable homes in Düsseldorf that often exceed €400,000.

  • What is the average price per square meter for homes in Krefeld Fischeln?

    The average price per square meter for homes in Krefeld-Fischeln typically ranges from approximately €2,000 to €3,000 as of recent market assessments. This price can vary significantly based on factors such as the condition of the properties, their proximity to local amenities, and whether they are newly constructed or older homes. For instance, modern apartments closer to the center of Fischeln may command prices at the higher end of this range, sometimes exceeding €3,000 per square meter, particularly if they feature updated interiors or energy-efficient systems. Conversely, older single-family homes further from the main infrastructure may fall below the €2,000 mark, reflecting the demand and age of the neighborhoods. The local real estate market continues to experience fluctuations, influenced by broader economic trends and the desirability of the Krefeld area within North Rhine-Westphalia.

  • Are real estate prices in Krefeld Fischeln increasing or decreasing?

    Real estate prices in Krefeld Fischeln have shown a noticeable trend of increasing over recent years. According to local market reports, the average price per square meter for residential properties in the area has risen by approximately 5-7% annually. For instance, a typical two-bedroom apartment that was once priced around €140,000 in 2020 is now fetching around €160,000 to €170,000. The demand for housing in this suburban district is driven by its appealing amenities, such as proximity to parks and efficient public transport links to the city center. Additionally, the area has attracted interest from families and young professionals seeking a quieter lifestyle while maintaining accessibility to urban job markets. Despite some fluctuations in the broader German property market, Krefeld Fischeln has managed to maintain a steady upward trajectory in house values.

  • What is the price trend for apartments in Krefeld Fischeln?

    The price trend for apartments in Krefeld Fischeln has shown a gradual increase over recent years, reflecting broader trends in the real estate market of Nordrhein-Westfalen. As of late 2023, average prices for a two-bedroom apartment in the area range from approximately €1,000 to €1,300 per month, depending on factors such as location, size, and amenities. For instance, newer developments near the central square, which provide modern facilities, can command higher rents, while older properties on the outskirts may be available for slightly less, around €800 to €1,000. Additionally, the demand for rental apartments has been steadily rising due to an influx of families and young professionals, which has contributed to this upward trend. Buyers looking for properties to purchase can expect to pay around €2,500 to €3,500 per square meter, with the price varying significantly based on the condition of the apartment and its proximity to local services like schools and public transport.

  • How do property prices in Krefeld Fischeln vary between different neighborhoods?

    Property prices in Krefeld-Fischeln show significant variation across different neighborhoods, reflecting factors such as location, amenities, and local demographics. For instance, areas closer to the Fischeln public park generally see higher property values due to the appeal of green spaces and recreational options. In contrast, neighborhoods further from the central amenities, like those closer to the outskirts, typically have lower average prices. The residential areas around Karlstraße tend to command premium prices due to their proximity to schools and local shops. Furthermore, newer developments, particularly those featuring modern architecture, push prices up in select locations, while older homes may be more affordable but often require renovations, leading to a diverse market for potential buyers. Additionally, neighborhoods like Am Kahlenberg have seen a rise in prices due to increased demand for family-friendly environments.

  • What are the typical costs associated with buying a property in Krefeld Fischeln?

    When considering the purchase of a property in Krefeld-Fischeln, buyers should be aware of several typical costs beyond the listed price. One significant expense is the notary fee, which generally ranges from 1% to 1.5% of the property value and is charged for the official documentation and registration of the sale. Additionally, buyers must pay property transfer tax (Grunderwerbsteuer), which in North Rhine-Westphalia is currently set at 6.5% of the purchase price. Other costs include the real estate agent’s commission, typically between 3% and 7%, though it's important to note that this fee could be split between buyer and seller. Homebuyers should also budget for additional expenses such as building inspections and renovations, which can vary widely depending on property condition. Lastly, ongoing costs like property insurance and maintenance should also be considered when planning a budget for property acquisition in this region.