Blog: Kevin Rader explains why it's better to buy a property in Leipzig for your own use instead of renting

Why it is better to buy a property in Leipzig for your own use instead of renting

Leipzig has become one of the most popular cities in Germany in recent years. The dynamic economy, cultural diversity and green living spaces are attracting more and more people to the city. But while the population is growing steadily, rents are also rising continuously. Against this backdrop, many people are asking themselves the question: renting or buying? In this blog post, we take a detailed look at why buying a property for your own use in Leipzig can be the better decision in the long term.

1. rapidly rising rents in Leipzig

Leipzig has developed from a former "insider tip" into an up-and-coming metropolis. However, with the economic upturn and the influx of many new residents, rents have also risen considerably. According to recent studies, rents have risen by more than 40 % in the last ten years - and the trend is still rising.

Those who own their own property are independent of these developments. The monthly costs of financing your own home generally remain stable compared to renting, especially with a fixed-interest loan.

2. long-term financial security and building up equity

When renting, considerable sums are paid to the landlord every month without any long-term return on investment. However, if you invest in your own property, you pay off part of your loan with each monthly installment and continuously build up equity.

In Leipzig in particular, where property prices continue to rise in virtually every part of the city, buying property early can be a worthwhile investment. After paying off the loan, the monthly housing costs are almost completely eliminated - an enormous financial relief, especially in retirement.

3 Leipzig's potential for value appreciation as a growth region

Leipzig has developed into an economically and culturally flourishing city in recent years. Companies from the automotive, logistics and IT sectors are settling here, and the city benefits from its ideal location in the heart of central Germany.

This positive development is also reflected in the real estate market. Anyone buying a property in Leipzig today can benefit from future increases in value. Districts such as Lindenau and Leutzsch in particular, but also the entire area around Eisenbahnstrasse, are rapidly gaining in attractiveness and offer great potential for long-term value appreciation.

4. individual design freedom within your own four walls

Anyone buying a condominium or house in Leipzig enjoys complete freedom of design. Whether it's a modern fitted kitchen, a custom-made bathroom or the design of a cozy balcony with a view of the countryside - there are no limits to your imagination.

In rented apartments, on the other hand, structural alterations are often only permitted with the landlord's consent, and it is not uncommon to have to carry out expensive demolition work when you move out.

5 Leipzig as a place to live: improving quality of life

Leipzig impresses with its high quality of life. The city offers a wide range of cultural activities, green oases such as Clara Zetkin Park and numerous leisure facilities. Buying a property in this area means having a long-term home in a city that is constantly evolving.

Popular residential areas such as the Waldstraßenviertel and Südvorstadt offer a high quality of life and are sought-after places to live for families, couples and singles.

6. old-age provision and security in retirement

Owning your own property in Leipzig is one of the best forms of retirement provision. If there are no monthly rent payments in retirement, there is more financial leeway for other expenses or leisure activities. What's more, a debt-free property can be sold or rented out in retirement to generate additional income.

7. government subsidies and favorable financing conditions

In Germany, there are various state subsidies that support the purchase of a property. Especially in Leipzig, where energy-efficient renovations in older buildings are in demand, buyers can benefit from KfW subsidies. Subsidies for energy-efficient construction also make buying a property easier.

8 Sustainability and stability through ownership

Despite price increases, the real estate market in Leipzig is considered relatively stable. Investing in your own property protects against insecure tenancies and at the same time increases sustainable living through individual energy-efficient renovations.

9 Emotional security and a sense of home

In addition to the financial aspects, emotional well-being also plays a decisive role. Owning your own property gives you a feeling of security and independence. You know that no-one can break up with you and that you have a fixed anchor point in Leipzig - a home that you can design and develop according to your own ideas.

Conclusion: property ownership is a smart decision in Leipzig

Buying a property in Leipzig is not only an investment in the future, but also an opportunity to benefit from the advantages of one of Germany's most liveable cities. With rising rents, attractive districts and a dynamic real estate market, Leipzig offers the best conditions for buying your own home.

Those who decide to buy at an early stage secure long-term financial stability, scope for creativity and a home in a city with great potential.

Rader GmbH
Am Alten Bahnhof 2
06686 Lützen
Germany

As a regional partner for real estate, the Rader Group is deeply rooted in the real estate sector. Led by Managing Director Kevin Rader from Leipzig, the company is committed to the development of needs-based, modern living space in Leipzig and the surrounding area. The long-term, sustainable portfolio of properties is at the heart of the strategic focus. With a view to the future and growth, the company strives to constantly acquire and develop new properties for its long-term portfolio.

This release was published on openPR.