Property market and house prices in Wesel, Germany

In Wesel, a city in North Rhine-Westphalia, the prices for a plot of land are currently between ninety and two hundred and forty euros per square meter. For smaller plots of land with a worse location, the prices range from one hundred and fifty to two hundred euros per square meter. Larger plots with a better location cost between two hundred fifty and three hundred fifty euros per square meter. In the last time there was only few changes of the prices for properties in Wesel.

In Wesel itself are only a few plots of land available so that is probably the reason for the price rises of the last years in Wesel and the area around because there are also only few opportunities to get a plot.

The house prices in Wesel currently costs an average 1.850 euro per square meter. Since 2017 the prices increased more than two hundred euros per square meter. The purchase of semi-detached houses costs an average of 317.000 euros and houses for only one family an average of 365.000 euros. The row-end houses cost an average of 263.000 euros and the row middle houses an average of 170.000 euros. The two-family houses cost an average of 345.000 euros. The forecast for house prices in Wesel says that they will continue to rise as in the recent years.

The price for the purchase of apartments in Wesel currently costs 1.350 euro per square meter. Since 2017 the prices increased more than two hundred fifty euros per square meter.
For the prices of an apartment rental in Wesel and its area you can expect costs between five and nine euros per square meter. This also depends on the size and location of the apartment.
In other bigger cities in North Rhine-Westphalia are the prices even higher. There you can expect costs for an apartment rental between ten and twenty euros per square meter.

In the moment there are cheaper offers for the purchase of real estates for six hundred to nine hundred euros per square meter, but also more expensive offers for two thousand to two thousand three hundred euros per square meter. In Wesel many people want to build their own home, but the problem is the not given availability of plots. That is why they have only the possibilities to purchase a house or apartment and rent an apartment.

 

My name is Xenia, I am from Germany and I am an intern at the Irish Mortgage Brokers.

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