Is real estate investment worthwhile in Karlsruhe?
- Karlsruhe is a city with 313,092 inhabitants in the state of Baden-Württemberg.
- The median purchase price is €4,248 per square metre – very high prices compared to the national average.
- Purchase prices have fallen by 12.4% over the last five years.
- Compared to the national average, an average gross rental yield can be achieved here: between 3.7% and 4.3% (average 3.9%).
- The purchase-price factor is about 23 years.
- The low average age (42.6 years) makes the region a safe place to invest.
- The population has grown by 7.3% since 2008 (about 0.7% per year).
- Unemployment at 3.7% is below the national average.
Karlsruhe is positioned with an average price per square metre of 4.248 € and a price-to-yield factor of 25,8 in the German comparison. Rents (avg. 13,34 €/m²) reflect a focus on value stability.
Medium yield, value appreciation potential takes priority.
| Metric | Average | Market Range (Min – Max) |
|---|---|---|
| Purchase Price | 4.248 €/m² | 4.190 € to 4.376 € |
| Rent (cold rent) | 13,34 €/m² | 12,87 € to 15,68 € |
| Yield (affordable apt.) | 3,69 % | Typical for smaller / cheaper apartments |
| Yield (expensive apt.) | 4,30 % | Premium locations, focus on value growth |
| Period | Purchase Prices | Rents |
|---|---|---|
| Last Year | -9,62 % | +1,37 % |
| Last 2 Years | -7,92 % | +0,83 % |
| Last 5 Years | -12,35 % | +17,12 % |
| Last 10 Years | +18,62 % | +45,63 % |
| Year | Purchase Price avg €/m² | Rent avg €/m² | Yield % |
|---|---|---|---|
| 2011 | 2.406 | 6,90 | 3,44 |
| 2012 | 2.478 | 7,83 | 3,79 |
| 2013 | 2.850 | 8,15 | 3,43 |
| 2014 | 2.519 | 8,93 | 4,26 |
| 2015 | 3.157 | 8,88 | 3,38 |
| 2016 | 3.581 | 9,16 | 3,07 |
| 2017 | 3.658 | 9,52 | 3,12 |
| 2018 | 3.616 | 10,07 | 3,34 |
| 2019 | 3.769 | 10,46 | 3,33 |
| 2020 | 4.177 | 11,04 | 3,17 |
| 2021 | 4.847 | 11,39 | 2,82 |
| 2022 | 4.676 | 11,73 | 3,01 |
| 2023 | 4.462 | 12,21 | 3,28 |
| 2024 | 4.613 | 13,23 | 3,44 |
| 2025 | 4.700 | 13,16 | 3,36 |
| 2026 | 4.248 | 13,34 | 3,77 |
Interactive calculation for an apartment in Karlsruhe. Adjust values: