Direct View of the Garden: Tenant-Occupied Lower Ground Floor with 2 Bedrooms
2 Rooms | Size 68.41 sqm
Rolshover Kirchweg 82, 51105 Köln
Reference nr.: 16722776
Tenant-Occupied 2,5-Bedroom Flats with Spacious Balconies on the Right Bank of the Rhine
2.5 Rooms | Size 81.24 sqm
Rolshover Kirchweg 80, 51105 Köln
Reference nr.: 16722784
Buy-to-Let Investment near Nature Reserve: Small Family Flat with 2,5 Bedrooms, Balcony and Great Layout
2.5 Rooms | Size 80.9 sqm
Rolshover Kirchweg 82, 51105 Köln
Reference nr.: 16722782
For owner-occupiers: 3-room apartment with balcony in Ratingen
3 Rooms | Size 81.18 sqm
Bahnhofstraße 4a, 40883 Ratingen
Reference nr.: 16718314
Buy-to-let Investment in Attic Flat: Out in the Country with a sunny Roof Terrace
1.5 Rooms | Size 39.5 sqm
Katte Kull 38, 47495 Rheinberg
Reference nr.: 16722411
The Modern Way to Invest! Buy-to-Let Investment with Bright Outlook
2.5 Rooms | Size 78.5 sqm
Katte Kull 38, 47495 Rheinberg
Reference nr.: 16722407
Such a Nice Way to Live! Vacant 3-Bedroom Flat with Balcony!
2.5 Rooms | Size 78 sqm
Katte Kull 40, 47495 Rheinberg
Reference nr.: 16722409
Condominium in North Rhine-Westphalia – for Owner-Occupancy or as Buy-to-Let Investment.
Anyone seeking to buy property somewhere in Germany will inevitably come across North Rhine-Westphalia. Being by far the most populous German state, with no less than 30 major cities, it has a corresponding cornucopia of real estate listings. There are plenty of options if you wish to buy a condominium in North Rhine-Westphalia. Then again, having an over-abundance of choices brings its own problems. Few regions in Germany are as diverse, and there is probably no other regional market as complex and opaque. In Accentro, you will have a strong partner by your side if you decide to buy a flat in North Rhine-Westphalia – with no agent fee charged.
Buying a Flat in North Rhine-Westphalia, which is More than just the Ruhr
The first thing that comes to mind for many who think of buying a flat in North Rhine-Westphalia ae probably the major cities along the rivers Rhine and Ruhr. But North Rhine-Westphalia is by no means limited to the vast metro belt between Dortmund and Cologne. Popular destinations for real estate investments also include the rural regions of East-Westphalia with centres like Bielefeld and Münster, or the Bergisches Land hill country around Wuppertal, Solingen and Remscheid.
Moreover, every city and region in North Rhine-Westphalia has its very own socio-economic parameters that you should be familiar with if you are seeking to buy a condominium in North Rhine-Westphalia. For starters, most major cities have districts with elevated price and rent levels, whereas the purchasing power of tenant leads in other parts of town are substantially lower. Screening the listings before narrowing down your choices therefore makes perfect sense.
The strongly varied demographic structure is reflected in the yield forecasts. For obvious reasons, demand is lower in East Westphalia, which is less densely settled, than in booming metropolises like Cologne, Düsseldorf or Essen. Conversely, the competition gets much fiercer in the regional market whenever the prospects of a high rate of return improves. Accentro will be happy to help your weave your way through the tangle of the state’s real estate market so as to ensure that your find the perfect condominium in North Rhine-Westphalia for your buy-to-let investment.
Earning Handsome Returns from a Condominium in North Rhine-Westphalia
One of the main arguments in favour of investing in property in North Rhine-Westphalia is the stable demographic trend of recent years. Unlike other German Länder, it has more or less maintained its population total and even registered modest increases since 2013. Demand for housing has not slackened, and especially in economically well-positioned cities and communities—meaning in up-market locations—the rent level has adjusted accordingly.
So, if you acquire a high-quality condominium in a premium location and with optimal transport connectivity in North Rhine-Westphalia, you will hardly have to worry about constant tenancy. The state is generally considered a safe bet for any investor who does not engage in reckless speculation and who favours non-current income over quick appreciation. Of course, every case is different, but you better come and see us to let us advise you individually and personally.
Tips for Finding the Right Condominium in North Rhine-Westphalia
As with other real estate transactions, the choice of location and region figures as prominently as the actual property when you try to pick a condominium in North Rhine-Westphalia. You need to consider infrastructure access, the potential tenancy structure and, of course, the immediate neighbourhood, when checking out an asset. What good would a quaint period building with parking spot, roof terrace and fitted kitchen be if the houses next door were in bad repair and the nearest doctor’s office a ride of half an hour away?
Unlike with units in a multi-unit dwelling that you buy to let, you should make sure that a flat you buy for intended owner-occupancy comes as close as possible to your idea of a dream home. If you have a spacious 5-bedroom apartment in mind, then the property you buy should have this many rooms. Don’t settle for anything less. You want an entryway but, please, not a place on the ground floor? If so, don’t compromise just because a given flat seems so attractively priced. Buying a condominium in North Rhine-Westphalia for owner-occupancy is also always an emotional and personal decision, and never just an investment.
Best to Bring in an Estate Agent When Buying a Flat in North Rhine-Westphalia
Regardless of whether you found a condominium you like in North Rhine-Westphalia at a foreclosure sale or in a listing, you should never proceed without seeking the advice of a professional estate agent. There is more to it than just getting a better price structure. A good estate agent knows the market and its players, and will know all the specific details that matter. It takes an experienced estate agent to find your dream home or to achieve your return target.
Accentro will gladly assist you in buying a condominium in North Rhine-Westphalia. You will find that our portfolio already contains a number of assets that you might be interested in. In addition, it would be no problem for us to find other suitable properties for you, and to assist you all the way from the first viewing to the signing of the deed. Give us a call or drop us a line! We look forward to meeting you. Buying a home in North Rhine-Westphalia that is offered by Accentro will cost you no agent fee.
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