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Buying a holiday home - Tips & Info

Holidays can be so easy when you pack your bags without having to worry about the weight of your luggage. Because instead of taking everything with you for every holiday, in your own Holiday home most of your luggage is already there. When you buy a holiday home or Holiday flatyou have a second home to stay in during your holidays or weekends. For these reasons, holiday homes for sale in Germany are particularly popular. However, many people also buy a holiday home, be it a small bungalowa Detached house or a large Chalet. The journey to the property in Germany can be made comfortably by car or public transport. Luggage is kept to a minimum and if you forget something, you can buy it on the spot and it will stay in your flat until your next visit. You know where you are going to spend your holidays, you know the surroundings and the infrastructure around the flat, so you can enjoy the best time of the year without any worries. Whether you prefer the sea or the mountains makes no difference. The Dream of a private holiday apartment you can fulfil your dream of a private holiday home anywhere with the real estate consultants of Engel & Völkers. You will find our real estate shops in all holiday regions in Germany and in many attractive holiday destinations all over the world.

Looking for a holiday home to buy? Find holiday properties with Engel & Völkers

Everyone has individual ideas about their dream holiday home. Perhaps you are looking for a flat for singles or couples in a holiday property with many floors that gives you extra comfort. How about an attractive flat in a property with communal facilities such as pools, fitness centre, supermarket and restaurants in the building? At the same time, you can enjoy a panoramic view of the fascinating landscape from a lofty height while having breakfast from the holiday property. Alternatively, you can buy holiday flats in small and private holiday properties for the whole family. Penthouse flats with a terrace on the roof are something very special as a holiday property. Alternatively, spend a romantic holiday in a cosy penthouse or maisonette in a chalet in the mountains, for example. Are you considering buying a holiday home or flat? Then contact the experienced real estate consultants of Engel & Völkers directly in the holiday region and enquire about the current offers of holiday homes and holiday flats for sale.

Federal states with a high proportion of tourism

In addition to the foreign destinations, we are also represented for the brokerage of real estate in the federal states with a high proportion of tourism, such as for example:

Lower Saxony: North Sea, Lüneburg Heath, Weserbergland
Schleswig-Holstein: North Sea, Baltic Sea, Holstein Switzerland
Hamburg: Elbe suburbs, Old Country
Mecklenburg-Western Pomerania: Baltic Sea coast, Fischland-Darß-Zingst peninsula, Mecklenburg Lake District
Brandenburg: Havelland, Barnimer Land, Dahme lake district
Saxony-Anhalt: Harz, Altmark
North Rhine-Westphalia: Sauerland, Münsterland, Bergisches Land, Teutoburg Forest
Rhineland-Palatinate: Moselle, Saar, Nahe, Rhine, Hunsrück, Eifel
Saarland: Moselle, Saarschleife
Baden-Württemberg: Lake Constance, Swabian Alb
Bavaria: Alps, Bavarian lakes such as Tegernsee or Chiemsee

Buying a holiday home: price trends in the German holiday regions

In recent years, the demand for holiday homes has far exceeded the supply in the popular German holiday regions. The steady increase in construction interest rates from the second quarter of 2022 led to a certain reluctance to buy, especially in the medium and basic locations of some holiday resorts, and dampened demand somewhat. Here, some prospective buyers adopted a wait-and-see attitude and postponed the decision to buy their own holiday property for the time being. In general, however, holiday homes and flats are particularly often purchased with a high equity ratio, which reduces the impact of the increased interest rates. The price corrections are therefore very small compared to the primary residence market. In the top locations of the most popular holiday regions, prices have also often remained completely stable, with the strong price increases of previous years no longer being achieved. When comparing the average asking prices for properties in the most popular holiday resorts, it is noticeable that prices in the second half of 2022 were mostly significantly higher than in the same period of the previous year. The corrections were thus mostly much weaker than the increases in the previous half-year.

Purchase prices for holiday homes in Germany by location

Despite interest rate developments, purchase prices in 2024 are stable in most regions, especially in prime locations. Currently, flats in very good locations cost, for example:

Lake Constance: 5,000 - 15,000 EUR/sqm
Five-Lakes Region: 6,500 - 27,000 EUR/sqm
Norderney, North Sea: 19,000 - 25,000 EUR/sqm
Island of Rügen, Baltic Sea: 8,000 - 17,000 EUR/sqm

In the middle and good locations, higher prices can usually be expected when selling the property after a few years than when buying it. This means that holiday flats can be a first-class capital investment with a return. In the very good locations, the purchase prices for holiday properties are currently stagnating, although this can be different at each holiday resort. If you want to buy a property such as a plot of land, holiday home or holiday flat and rent it out, the return is important for you.

Purchase prices for holiday properties in medium and easy locations

Our property consultants at the respective location can provide you with detailed information. For the most part, the purchase prices for holiday properties such as holiday homes and especially flats are considerably lower in the middle locations, as the following comparative figures show:

Lake Constance: 2,000 - 6,500 EUR/sqm
Five-Lakes Region: 3,000 - 15,000 EUR/sqm
Norderney, North Sea: 10,000 - 15,000 EUR/sqm
Island of Rügen, Baltic Sea: 2,500 - 5,000 EUR/sqm

Real estate abroad, such as a holiday home or holiday flat for sale, nevertheless never loses its appeal. Germany simply cannot offer a dreamlike climate all year round. Especially real estate in Mallorca is in high demand. The holiday island is close by and yet another world with sea, palm trees and other Mediterranean vegetation. Equally popular are the coasts of Spain, the picturesque landscapes of Italy or holiday homes and flats on the Greek islands. If you would like to buy a holiday home in one of these holiday destinations, please send us your search request online or contact the regional Engel & Völkers broker team for the current offers of holiday homes.

Here you can download the latest Engel & Völkers holiday property market report.