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Bochum real estate

Bochum is a Ruhr university city with a theatre quarter, a large student rental book, and purchase prices well below the German south.

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Notary & Grundbuch
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Cities

82 cities, each with its own transfer tax

Grunderwerbsteuer is state law — the same apartment costs a different surcharge in Munich and Cologne. The twelve largest first; the rest folds open.

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What a purchase really costs

€500,000 apartment in Bochum

Transfer tax (Grunderwerbsteuer 6.5%)
€32,500
Notary (≈1.5%)
€7,500
Land register (Grundbuch ≈0.5%)
€2,500
Buyer agent share (3.57% incl. VAT)
€17,850
Cash needed at notary
€560,350

≈ +12.1% over the price. Provisionsfrei (no-agent) listings drop the Makler line. The notary reads the contract aloud before signature — German law, not a formality.

Rentals run on rules

The rent side, in three lines

  • Bestellerprinzip: whoever hires the agent pays. No tenant commission on residential lets.
  • Deposits cap at three months’ cold rent (§551 BGB) and must sit on a separate savings account.
  • Mietpreisbremse caps new leases above local comparative rent in tight areas; Berlin’s Mietspiegel sets the benchmark.
  • Modernization may be passed on at 8% of cost per year (§559 BGB) — check the Anpassung history before you underwrite.

Qualitative anchors only — live numbers come from the official city Mietspiegel, never a hardcoded table.

Developers

The builders behind the pipeline

Municipal landlords, premium Bauträger and boutique owner-run developers — tracked from Handelsregister to handover.

Ehrenfeld (Bochum) and the Bermuda3Eck nightlife belt are not Charlottenburg. Student turnover is the rental engine. Underwrite summer voids.

NRW rules. sivrce will not merge Bochum into Essen or Dortmund URLs.

FAQ

Student lets?

Yes, around the Ruhr-Universität. That is a different product from a family Wohnung — contracts, furnishing and vacancy all change.

Foreign buyers?

Yes.

All markets: sivrce.com · Georgia marketplace: sivrce.ge · Prices and availability are published only when a verified listing exists. Market currency: EUR.

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