The real estate prices on the Islands in the North sea are reaching their limits. After the prices had risen over the years, they fall now to some place a little.

North and East Frisian Islands are cheaper.

From a market analysis of the Berlin real estate service provider McMakler shows that houses and apartments on the East Frisian Islands are become in comparison to the previous year, two per cent cheaper The price per square meter is still at 6962 euros. More Hamburg here

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But also on the North Frisian Islands, the prices went down a little bit. 5932 Euro a square meter of housing, a decline of four per cent in costs.

"After a year-long price rally to give the prices on the Islands of the North sea coast a bit. The pain threshold seems to be reached and come to rest at a high level," said Felix Jahn, head of the company.

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the country as an Alternative to property on the North sea Islands

For whom the prices on the Islands are too high, it might be the mainland a good Alternative. Where existing properties are significantly cheaper. dpa/Usedom Tourismus GmbH/dpa-tmn baths architecture on the island of Usedom - the decorated houses are for the Golden Era of the seaside resort.

The best prices in the Weser Marsch, for 1353 euros per square meter interested can be found here. More expensive it has become, however, in the area of Wilhelmshaven, per square meter are charged here now 1603 to 1761 Euro.

The price per square metre on the Peninsula of Eiderstedt is unchanged at an average of 2487 euros. Eiderstedt is, apart from the Islands, the most expensive Region in the North sea.

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prices on the mainland on the North sea

rise, unlike on the Islands the prices on the mainland have risen, according to the findings of McMakler,. Most of this was in Wilhelmshaven (plus 14 percent), and the adjacent country, Friesland circles (plus 13 percent) and Wittmund (plus eleven percent).

"A considerable evasive movement in the direction of the mainland is palpable, which is also the strong price increases in these regions," said Jahn.

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Date Of Update: 19 June 2020, 03:28