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Düsseldorf: a city of opportunities and beauty

Düsseldorf: a city of opportunities and beauty

Düsseldorf: a city of opportunities and beauty
  • Düsseldorf: Window to Modern Germany
  • A trip to Düsseldorf: an investment in real estate?
  • Investments in real estate in Düsseldorf
  • Houses and residents of cities in Germany
  • Real estate in Düsseldorf: choice and prospects

Düsseldorf: a vibrant city in western Germany

Düsseldorf is a large city in the western part of Germany that has become the capital of North Rhine-Westphalia. It is located along the Düssel River and the main flow of the Rhine, which symbolizes the entire country. The architectural diversity of the city is striking: from ancient churches to modern skyscrapers, from green parks to business districts. Here you can find theaters, museums, galleries, headquarters of major corporations, trendy boutiques, and picturesque waterfronts.

The diversity of life in Düsseldorf

More than 600,000 people inhabit Düsseldorf, with one in five residents being immigrants. В 2014 there were 4133 Russians living here. The city is divided into 10 districts with a total of 49 neighborhoods, of which the most populous is Bilk, with more than 37 districts. of which the most populous is Bilk, where more than 37,000 people live.

Technological and commercial center

Previously, Düsseldorf was known as a port city, but it has now transformed into a telecommunications hub. The city is home to two of the four leading mobile operators, 18 internet providers, two airlines, 170 financial institutions, 130 insurance companies, as well as retail businesses and offices of automotive giants. The unemployment rate in Düsseldorf is one of the lowest in Germany.

Airport and transportation accessibility

Flights from Moscow (Sheremetyevo Airport) to Düsseldorf operate daily all year round by the airline "Aeroflot." The price for a round-trip ticket on a direct flight starts at 14,000 rubles, while a ticket with one stopover starts at 12,000 rubles. The city also has a monorail train that provides convenient connections between the airport and Düsseldorf's central train station, as well as other cities.

Traveling from Moscow to DüsseldorfTraveling by personal transport through Belarus and Poland takes about 24 hours, offering beautiful landscapes along the way. But is it worth considering the possibility of purchasing real estate in Düsseldorf? Here are a few compelling reasons.

Advantages of Düsseldorf

First of all, Düsseldorf is a large city with a rich history and developed infrastructure, which makes it attractive for business. It has an international airport, a network of highways, and railways that provide convenient connections to other cities.

Secondly, the city offers a wide range of educational institutions, providing children with high-quality education. The climate in Düsseldorf is mild, with no sharp temperature fluctuations between the seasons.

Real estate value

The most attractive aspect is the affordability of real estate compared to other major cities in Germany. The average price per square meter is €4268, which is lower than in Munich, Frankfurt, and Stuttgart.

However, the real estate market in Düsseldorf has its own peculiarities. For example, the old town is considered one of the most expensive areas in Germany, where the price per square meter can exceed €9,000. The most affordable options are located in the Garath district, with prices starting from €1,350 per square meter.

The real estate market in Germany

The real estate market in Germany is known for its stability and lack of sharp price fluctuations, making it attractive to international investors. On average, property prices increase by 2-5% per year, even during times of crisis.

Selection and purpose of purchase

Before buying real estate abroad, it's important to determine the purpose — for personal use, as an investment for rental, for children's residence, or for building your own home.

Popular areas among Russians

Among Russian citizens, the districts of Derendorf, Unterbach, and Lörick are popular, where prices for quality properties fluctuate.

Düsseldorf: a city of opportunities and beauty
In Düsseldorf, secondary housing is valued at around €1700 per square meter, which corresponds to the price of apartments ranging from 50 to 70 square meters, priced between €100,000 and €200,000. Acquiring income-generating property in any area of the city ensures good liquidity of the asset and is a reliable investment of funds.

Categories of real estate acquisition

There are three main categories of popularity for purchasing housing for personal residence in Düsseldorf:

  • Most popular areas:Kaiserwerth, Oberkassel, Hellerhof, Benrath, Itter and Lörik.
  • The second most popular group of districts:Versten, Holthausen, and Fennhausen.
  • Third category:Oberbilk, Reisholz, Hassels, Eller, and Garath.

Real estate in different neighborhoods

Altstadt is the most prestigious district, while new buildings are mainly located in Oberkassel, Lörick, and on Königstraße. Prices for new constructions range from €3000 to €5000 per square meter. Locals prefer to live in Altstadt, which is the historical, cultural, and political center of the city. Here you can find the Basilica of St. Lambert, the Castle Tower, the Old State Town Hall, the Rhine Tower, and the equestrian statue of Jan Willem. The rich variety of beer taverns makes this part of the city unique as "the longest bar in the world." The cost of housing in this area is €9273 per square meter, while the rent is €15.92.

Karlstadt is the southern neighbor of Altstadt, surrounded by the Rhine. It is a small but one of the most visited tourist areas, known for its museums, historic buildings, and green spaces. The price of housing ranges from €4500 to €9000 per square meter, while the rental rate is €16.73.

The Kaiserwerth is one of the oldest districts of the city, with the Rhine River as its natural boundary, like the Altstadt.

Kaiserswerth

Kaiserswerth is a historic imperial city in Germany, known for its name derived from the imperial palace located here. Today, it is a prestigious district in Düsseldorf, offering numerous privileges to its residents. Among the key attractions are the city's largest clinic, Florence Nightingale, and the historic imperial palace, which regularly hosts concerts and festivals.

The cost of housing in Kaiserswerth reaches €5,865 per square meter, while the average rental price is €12.55 per square meter.

Mauberkassel

Moberkassel is an exclusive green area located on a peninsula in the bend of the Rhine. It features numerous buildings recognized as architectural monuments and has a well-developed transportation infrastructure.

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Properties with a view of the Rhine promenade are considered the most expensive in the area.

The cost of housing in Moberkassel is €6,350 per square meter, while the average rental price is €14.52 per square meter.

Milk

Milk is the administrative center of the third district of Düsseldorf and the most populated area of the city. The development is characterized by a high density of mid-rise buildings. One of the advantages of the area is the presence of a university campus, although there is a noted lack of green spaces in the surroundings.

The cost of housing in Milka is €4,115 per square meter, while the average rental price is €11.53 per square meter.

Hubbelrat

Hubbelrat is the most spacious and one of the richest neighborhoods in Düsseldorf. This district covers an area an area of more than 13 square kilometers and is inhabited by more than 3,500 people. The residents of the neighborhood enjoy high annual incomes and excellent environmental conditions due to the large number of green areas and well-developed transportation links to the city center.

The cost of housing in Hubbelrate is €5,908 per square meter, while the average rental price is €15 per square meter.

Mkhafen

Mkhafen is an area with

Real estate in Düsseldorf: an overview of neighborhoods and prices

The motto of the beautiful German city of Düsseldorf is "Live and work." The city, located in the state of North Rhine-Westphalia, is home to the headquarters of many large corporations. Real estate in Düsseldorf, like in all major cities in Germany, is characterized by high prices. The city has many neighborhoods with different characteristics and lifestyles.

Media Harbor

One of the most famous areas is the Media Harbor. It is home to numerous telecommunications companies, which explains the district's nickname. Media Harbor is a place where there is an asymmetry of ideas and bold architectural concepts realized in a unified style. In this area, the western part of the harbor is still used for industrial purposes, but the authorities plan to build elite residential complexes here. Real estate in this area rarely goes on sale; however, it is possible to rent an apartment for 14.8 euros per square meter.

Garat

Garat is a typical residential area with medium and high-rise buildings, parks, squares, and a high population density. Housing prices here remain low due to the large number of immigrants. There are few attractions in the area, mainly churches, chapels, and parks. Garat is also known as one of the most Russian-speaking neighborhoods in Düsseldorf.

The most budget-friendly real estate

The most affordable real estate is concentrated in the districts of Oberbilk, Lichtenbroich, Rath, Eller, Hassels, Versten, and Hellerhof. The prices of properties range from 1300 to 3000 euros per square meter. However, the most expensive houses are located in Kaiserswerth and Hubbelrath, where prices exceed 5000 euros per square meter.

Meerbush

Meerbusch is seen as an area of villas and tranquility. Here, you can find luxurious homes and villas, as well as a peaceful atmosphere and excellent service.

Recommendations for buying real estate in Düsseldorf

A wide selection of real estate - from historic buildings to modern apartments and private homes - makes Düsseldorf an attractive place for entrepreneurs, parents, retirees, and potential investors. For about 30,000 euros, you can purchase a compact apartment in the tenth district that provides a stable passive income. It is advisable to carefully study the different neighborhoods of the city and choose the most suitable housing for your needs.

Geography and more

Düsseldorf is a large city in western Germany, the capital of the state of North Rhine-Westphalia. The metropolis is intersected by several branches of the Düssel River, after which it is named. However, the main waterway for both Düsseldorf and the entire state of North Rhine-Westphalia is the Rhine, a symbol of Germany.

The architectural appearance of Düsseldorf

The architectural appearance of Düsseldorf is diverse: here, churches of all denominations harmoniously blend with ancient architecture and modern buildings made of glass and concrete, green parks and large business centers, numerous theaters, museums, galleries, and headquarters of major international corporations, as well as trendy boutiques and cozy waterfronts where locals love to spend their time.

Demography and economy

As of today, Düsseldorf has a population of about 600,000 people, 20% of whom are immigrants. According to the Düsseldorf administration, in 2014 there were 4,133 Russians living here.

Two of the four largest mobile operators in the country, 18 internet providers, two airlines, 170 national and international financial institutions, about 130 insurance agencies, as well as retail businesses and representatives of automotive corporations are based right here in Düsseldorf. It's no surprise that the unemployment rate here is one of the lowest in Germany.

How to get there

From Moscow (Sheremetyevo Airport) to Düsseldorf, Aeroflot operates flights year-round and daily (four flights a day). Right at the airport, you can transfer to a monorail train that will take you not only to Düsseldorf's train station but also to various cities. A trip by personal vehicle from Moscow to Düsseldorf through the territories of Belarus and Poland will take about 24 hours.

Why Düsseldorf?

Establishing oneself and acquiring personal real estate in Düsseldorf is worthwhile for several reasons: the city has a well-developed infrastructure, an international airport, educational institutions, a mild climate without sharp seasonal temperature fluctuations, and real estate here is cheaper than in other major cities in Germany.

The situation in the real estate market

Traditionally, Düsseldorf's real estate ranks among the five most expensive in Germany, following Munich, Sylt Island, Frankfurt am Main, and Stuttgart, even surpassing prices in the capital. The average cost of 1 square meter of property in Düsseldorf is €4268. The most expensive properties are concentrated in the old town, while the most affordable apartments can be found in the Garath district.

Renting housing in Düsseldorf costs an average of €13 per square meter. The German real estate market is characterized by stability and a lack of sharp price fluctuations. Popular areas for investment include Derendorf, Unterbach, and Lörick.

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