P20447, Gründerzeit Residential & Commercial Building

Economic and Residential Location with Growth Prospects in Central Germany

The state capital Magdeburg is one of the most dynamic major centers in Eastern Germany and is increasingly developing into an attractive investment location for residential and commercial properties. With approximately 240,000 inhabitants, Magdeburg forms the economic, scientific, and administrative center of Saxony-Anhalt and benefits from a strategically favorable location within the Central German metropolitan region.

The city has a stable economic base with growing importance in the areas of industry, logistics, research, healthcare, and information and communication technology. In particular, the establishment of major international investments – including in the high-tech and semiconductor sectors – significantly strengthens the long-term growth prospects of the location and provides additional demand impulses in the residential and commercial real estate market.

Magdeburg benefits from excellent infrastructure connections. The federal motorways A2 and A14 provide a direct connection to the economic centers of Berlin, Hanover, Leipzig, and Hamburg. This is complemented by Magdeburg's ICE hub and the importance of its inland port as a key logistics location along the Elbe.

Compared to Germany's A-locations, the residential real estate market continues to be characterized by an attractive price level with positive rental development. The combination of comparatively moderate entry prices, stable demand, and increasing economic dynamism opens up interesting opportunities for institutional and private investors, particularly in the area of long-term existing investments.

Inner-city residential areas benefit from constant demand. At the same time, Magdeburg has a comparatively high rent affordability, meaning that the rent burden relative to income remains moderate, supporting sustainable marketability.

Micro-location and District Structure
Magdeburg's city center and the established districts of Stadtfeld Ost/West, Alte Neustadt, Buckau, and Sudenburg are among the most sought-after residential and mixed-use areas in the city. These quarters particularly benefit from:
*urban infrastructure,
*high quality of local amenities,
*very good public transport connections,
*proximity to the university and city center,
*as well as continuous district development.

Stadtfeld Ost and Buckau, in particular, have shown significant upgrading and gentrification trends for years. Gründerzeit buildings, revitalized residential and commercial properties, and modern district developments increasingly shape the cityscape and ensure stable demand in the rental housing segment.

Investment-Relevant Key Figures:
*Major center and state capital of Saxony-Anhalt
*Approx. 240,000 inhabitants with stable to slightly growing population development
*Significant science and university location with several universities and research institutions
*Above-average economic growth impulses due to major investments in the technology sector
*Attractive purchase price level compared nationwide
Positive rental price development with still moderate rent burden
*Good adaptability of classic residential and commercial building structures
*Solid rental market with a broad user base
*Excellent regional and supra-regional transport connections
*Long-term upgrading and value appreciation potential in central city locations

The features of the listed residential and commercial building combine the characteristic charm of the Gründerzeit era with the advantages of a comprehensive renovation. As part of the complete modernization in 1996, all essential trades were renewed, and the building was simultaneously restored with great attention to historical detail. Particularly noteworthy are the preserved solid wood staircase railings and the historic entrance doors, which impressively emphasize the stylish old building character. The well-maintained appearance and high-quality execution make the property particularly attractive for both tenants and investors.

The property is a listed building.
There is no energy performance certificate requirement according to § 79 paragraph 4 GEG.
No energy performance certificate is available.