Georgplatz

LeipzigGermany

From eur 291,200

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Georgplatz

LeipzigGermany

Originally constructed in 1900, Georgplatz is a historic building under monument protection by the City of Leipzig. The building will now be expertly refurbished by the specialist developer BEKA Immobillien, a family run business in Leipzig since 1991, completing over 6,000 sqm of high quality real estate to date.

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Development Snapshot

  • 6 modern but historic apartments exclusive to IPG
  • Located in a tranquil pocket of Leipzig's trendy New Lindenau neighbourhood
  • Access to the city's amenities within minutes
  • Plenty of private and communal outdoor space
  • To be completed by December 2023 to high specification

Bedrooms

6 Two-Bedroom Units

completion

December 2023

size range

From 57 sqm to 72 sqm

A Closer Look At Georgplatz

Why invest in Leipzig?

160km south of Berlin, the city of Leipzig is situated at the confluence of two great historical continental trade routes, the east-west Via Regia and the north-south Via Imperii. The city therefore became a flourishing trading centre and economic hub in the 14th century, developing a rich culture and a leading educational role within Germany. Founded in 1409, the University of Leipzig is the second oldest university in Germany and one of the oldest in Europe.

Leipzig quickly became a hub of innovation, giving rise to the world’s first daily newspaper published in 1650. The first high-speed printing press in Germany was later invented here in 1829, along with steam powered production machines which revolutionised the textile industry. At the vanguard of commerce and technological development, the first long distance railway line in Germany stretching from Leipzig to Dresden came into operation in 1838. This laid the foundations for the city’s industrial development, and by 1915 Leipzig Central Station was the largest rail station in Europe.

Population

750,000 forecast by 2035
+56% from 2000

Housing Deficit

undersupply of at least 76,798 units expected by 2035

Economy

over EUR22 billion (GDP)
+102% since 2000
+74% forecast by 2035

Georgplatz Floor Plans

Each apartment comes with two large bedrooms, a balcony and high specification finishes throughout. Take a look at the floor plans for more details on the available units.

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(See table below for an estimate of how much you may need to budget towards acquisition costs)

(See table below for estimated mortgage rates across different markets)

Equity required
EUR
Region Mortgage Rates (Up to) Acquision Costs (Estimated)
London 75% 5.0%
Manchester 75% 5.0%
Berlin 60% 7.5%
Melbourne 80% 4.0%
Brisbane 80% 4.0%
New York 55% 6.0%
Chicago 55% 6.0%
Miami 55% 6.0%
Tokyo 70% 5.0%

*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.

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Global headquarters

Hong Kong

Suite 1001-1003, 10th Floor,
Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong

+852 3965 9300+44 20 4586 4845enquiry@ipglobal-ltd.comFind your nearest office

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