The Bowen

LeipzigGermany

From eur 157,500

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The Bowen

LeipzigGermany

The Bowen is a boutique residence consisting of 9 newly refurbished studios and one-bedroom apartments in Leipzig’s Mölkau neighbourhood. The elegant building is located in a quiet part of town known for its expansive green spaces. Nevertheless, with a bus stop right on the doorstep, the heart of Leipzig’s city centre can be reached in under 25 minutes, offering residents the best of both worlds.

The building will be completed to a superb specification fitted with modern appliances and be energy efficient. To maximise the living space, each of the apartments comes with a private balcony and an underground storage unit. In the courtyard, residents can relax alongside the Eastern Rietzschke river.

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Development Snapshot

  • Space-efficient layouts with private balconies and underground storage units.
  • Bright apartments with big windows facing both north and south.
  • Communal courtyard to enjoy the area's tranquil greenery.
  • Leipzig's city centre is only a 15 minute drive away.
  • Competitive pricing starting from only EUR157,500.

Bedrooms

Studio / 1 bedroom units

completion

30th September 2023

size range

From 37.05 sqm to 62.39 sqm

A Closer Look At The Bowen

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

664,080 forecast by 2040
+47% from 2000-2040

Housing Deficit

undersupply of over 13,044 units expected by 2040

Economy

over EUR24 billion (GDP)
+119% (GDP per Capita) since 2000

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(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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