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Essen real estate

Essen is a Ruhr centre with a UNESCO Zollverein site, a rebuilt commercial core, and housing priced well below the German south.

Street-verified new-builds
Notary & Grundbuch
3D map
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.

70 more cities
What a purchase really costs

€500,000 apartment in Essen

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.

Rüttenscheid is the sought-after inner belt; much of the city is still industrial-era stock. Commuting across the Ruhr is normal.

NRW rules. sivrce registers Essen as a metro with its own page, not a doorway to “Ruhr apartments”.

FAQ

Is Essen only industrial housing?

No. Rüttenscheid and Margarethenhöhe are residential products. The average still reflects the Ruhr wage base.

Foreign buyers?

Yes, notary and Grundbuch.

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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