MarcWen
2016-04-02 15:31:58
- #1
I think you can apply this to almost any boom region or city with influx and a positive outlook. We also observed this nicely in Cologne. There is nothing, and when something does come on the market that is somewhat lucrative, it doesn’t take 24 hours and the plot is gone or immediately marketed together with a house. And areas where the price initially sounds interesting, you really don’t want to go there or even bury your dog.
In Hürth, the direct city outskirts, nothing new is being built, and if a plot was offered from existing stock, it was usually auctioned. We once looked at it for fun up to 600 euros/sqm.
After that, you can nicely strategize: the farther out, the cheaper it gets. Noticeably cheaper from the point you need more than 30 minutes by car to Cologne or where you can no longer really speak of public transport to Cologne (1 train per hour that also takes about 1 hour to Cologne).
In Hürth, the direct city outskirts, nothing new is being built, and if a plot was offered from existing stock, it was usually auctioned. We once looked at it for fun up to 600 euros/sqm.
After that, you can nicely strategize: the farther out, the cheaper it gets. Noticeably cheaper from the point you need more than 30 minutes by car to Cologne or where you can no longer really speak of public transport to Cologne (1 train per hour that also takes about 1 hour to Cologne).