Torgauer Park

LeipzigGermany

From eur 128,600

Torgauer Park

LeipzigGermany

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.

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Development Snapshot

  • 23 units exclusive to IP Global
  • Situated in the leafy Sellerhausen neighbourhood
  • Appx. 10 minute tram ride from the city centre
  • Each unit features a balcony overlooking the communal courtyard
  • Car parking and bicycle storage available

Location

Torgauer Strasse 10-12, 04315 Leipzig

Bedrooms

Studio / 1 / 2 bedroom units

ltv

Up to 65%

completion

March 2024

rental yield

5%

size range

From 27.65 sqm to 60.65 sqm

A Closer Look At Torgauer Park

Why Invest In Leipzig?

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.

Population

678,080 by 2035, +41% 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

7 Reasons to Invest in Leipzig, Germany

Over the past twenty-five years, Leipzig has undergone enormous social, economic and structural change. With the fall of the Soviet Union, Leipzig was a town of empty buildings, air pollution, heavy industry and a population that shrunk by half. Today, it is Germany’s fastest-growing city with a much- talked about economic, artistic and cultural renaissance […]
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*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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Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong

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