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Luxury villa in Sachsenhausen: 30 million euros and no buyer in sight!
Frankfurt am Main: Current insights into the luxury real estate market, price trends and challenges for buyers and sellers.
Luxury villa in Sachsenhausen: 30 million euros and no buyer in sight!
In Frankfurt am Main, a magnificent villa worth 30.5 million euros has been empty for almost a decade. This extraordinary property raises questions in a city that is considered a stable market for luxury real estate. Loud T Online Expensive properties – especially those over ten million euros – often have problems finding buyers. The reason: Buyers are looking for perfect conditions and are afraid of compromises.
A significant factor for this sales stop could be the significant aircraft noise in the southern part of Sachsenhausen. In a region where wealthy people and millionaires settle, you expect quality and comfort. But the reality currently looks different. In addition, a shortage of new buildings is being observed on the market, which is increasing the pressure on existing stocks.
Prices and trends in the real estate market
Here is an overview of the current average prices for various property types in Sachsenhausen:
| Property type | Average price | Highest price | Lowest price | change |
|---|---|---|---|---|
| Apartment | €6,728 | €6,925 | €6,421 | -0.50% |
| Single family home | €6,803 | €6,803 | €5,248 | +2.83% |
| Semi-detached house | €7,806 | €7,806 | €6,111 | +1.17% |
| Terraced house | €6,824 | €6,978 | €5,814 | -2.96% |
As these figures show, the real estate market in Frankfurt remains stable under the current circumstances. It is expected that prices in the luxury segment will remain constant or even increase slightly. With the ongoing demand for high-quality real estate, a lively market can also be expected in the coming years.
Overall, it appears that the high price segment has its own challenges, while the overall market remains strong due to the influx of wealthy citizens. Readers will be curious to see whether the villa in Sachsenhausen will soon find a buyer or whether it will remain a dazzling but lonely landmark in the cityscape.