Torgauer Park impeccably blends high specification contemporary quality with a modern take on Wilhelminian architecture that the district is renowned for. The boutique development includes a fully fitted kitchen with each apartment, and high-quality finishes throughout.
Leipzig is currently Germany’s fastest growing city in terms of population, with up to 750,000 residents (+25%) expected by 2035 -and housing supply is failing to keep up. Approximately 4,500 new dwellings are required per annum yet a mere 2,356 units were delivered in 2019, the largest figure recorded since 2001. Consequently, the vacancy rate in Leipzig has tumbled from a high of 12% in 2011 to a low of 2% today. Such excess demand, combined with sustained economic growth has put sustained upward pressure on house prices and rents.
678,080 by 2035, +41% from 2000
undersupply of at least 76,798 units expected by 2035
Over EUR22 billion (GDP), +102% since 2000, +74% forecast by 2035
| 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.
22 Parkside
Leipzig, Germany
22 Parkside offers a modern selection of 16 one and two-bedroom apartments located in Leipzig’s lively Plagwitz neighborhood.
From eur 270,000
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