Leipzig Property Market and Real Estate Guide

(Leipzig, Saxony, Germany)

Famed for its magnificent architecture, the city of Leipzig has long been a popular tourist destination with visitors to north-east Germany. Featuring one of the largest train stations in Europe, Leipzig also offers a number of picturesque churches to explore, while culture vultures can enjoy regular performances at the Opera House.

Being a large city, Leipzig has property prices that tend to be higher than other parts of the country. However, there is still a good range of affordable apartments and houses to buy and rent all over Leipzig, and now is an excellent time to buy as property taxes are still relatively low.

Those in search of low priced accommodation will want to look in the south of the city in neighbourhoods such as Mariebrunn and Lossnig, while the fashionable neighbourhood of Zentrum is a good place to rent a luxurious serviced apartment.

Renting Serviced Apartments

Serviced apartments are an excellent option for visitors who want to check out Leipzig before committing to purchasing property here. There is a good range of modern serviced apartments to be found all over Leipzig, especially in the city centre.

While renters can expect to pay around double the price of a standard apartment, luxurious serviced apartments come fully furnished with a range of creature comforts including balconies and fitted kitchens. Many serviced apartments, especially those on the outskirts of the city, also offer shared facilities such as large gardens to relax in and even swimming pools and gyms.

Buying Apartments and Houses

The commission on property in Leipzig in usually five to seven percent, which is paid in full by the purchaser or split with the seller. The purchaser will usually be provided with the name and contact details of the person selling the property and it is common practice in Leipzig, and the rest of Germany, for the purchaser to contact the seller directly to arrange commission and other details.

All in all, the purchaser can expect to pay a figure amounting to around ten percent of the purchase price, which will cover taxes, the notary fee and other incidentals. Foreign investors are able to enter the market without restriction.

Real Estate Agents

There are a large number of real estate agents in Leipzig and it is a good idea to take a look at what is on offer before choosing an agent. Most of the real estate agents in Leipzig speak a good level of English and have comprehensive websites to browse through before contacting them directly.

Below are details of some of the leading Leipzig real estate agents:

Real Estate Leipzig
Address: Humboldt Strasse 18, Leipzig, D-04105, Germany, DE
Tel: +49 0341 234 02602
Email: info@movingtoleipzig.com
Website: www.realestateleipzig.com
Based in the heart of Leipzig, this professional real estate agent provides full services regarding the purchase and rental of property in the city.

Address: Grosspoesnaer Strasse 32, Leipzig, D-04288, Germany, DE
Tel: +49 0342 976 7114
Website: www.ice-eigenbrodt.de/default.asp?
Established in 1993, this Leipzig-based company offers a professional service that has earned IcE an outstanding reputation in the property market, both in Germany and all over Europe.

Joe Kiernan Properties
Address: Löhrstrasse 12, Leipzig, D-04105, Germany, DE
Tel: +49 0341 640 2480
Website: www.joekiernanproperties.com
Based in Leipzig, all agents at Joe Kiernan Properties are fluent in both English and German. Dedicated to ensuring clients locate the house or apartment they need, this company offers a wide range of properties to choose from.