Is real estate investment worthwhile in Stuttgart?
- Stuttgart is a city with 634,830 inhabitants in the state of Baden-Württemberg.
- The median purchase price is €5,544 per square metre – very high prices compared to the national average.
- Purchase prices have fallen by 7.0% over the last five years.
- Compared to the national average, an average gross rental yield can be achieved here: between 3.6% and 4.1% (average 3.7%).
- The purchase-price factor is about 25 years.
- The low average age (42.3 years) makes the region a safe place to invest.
- The population has grown by 6.0% since 2008 (about 0.5% per year).
- Unemployment at 3.7% is below the national average.
AI Location Report
Stuttgart is positioned with an average price per square metre of 5.544 € and a price-to-yield factor of 26,9 in the German comparison. Rents (avg. 16,98 €/m²) reflect a focus on value stability.
📊 Local Metrics & Investor Check
Strategy Classification: Value Growth City
Medium yield, value appreciation potential takes priority.
Medium yield, value appreciation potential takes priority.
Price-to-Rent Ratio
26,9 ×
Years of cold rent until amortization
Avg. gross rental yield
3,72 %
Range: 3,57 % – 4,07 %
Value appreciation (5 y.)
-7,03 %
≈ -1,41 % p.a.
📈 Current Market Overview & Price Ranges
| Metric | Average | Market Range (Min – Max) |
|---|---|---|
| Purchase Price | 5.544 €/m² | 5.412 € to 5.634 € |
| Rent (cold rent) | 16,98 €/m² | 16,10 € to 19,10 € |
| Yield (affordable apt.) | 3,57 % | Typical for smaller / cheaper apartments |
| Yield (expensive apt.) | 4,07 % | Premium locations, focus on value growth |
📉 Historical Market Dynamics
| Period | Purchase Prices | Rents |
|---|---|---|
| Last Year | -0,27 % | +3,85 % |
| Last 2 Years | -0,93 % | +2,35 % |
| Last 5 Years | -7,03 % | +13,35 % |
| Last 10 Years | +31,67 % | +37,27 % |
📅 Prices Over the Years
| Year | Purchase Price avg €/m² | Rent avg €/m² | Yield % |
|---|---|---|---|
| 2011 | 2.778 | 8,08 | 3,49 |
| 2012 | 2.942 | 8,90 | 3,63 |
| 2013 | 3.498 | 9,10 | 3,12 |
| 2014 | 3.681 | 8,31 | 2,71 |
| 2015 | 3.640 | 10,37 | 3,42 |
| 2016 | 4.210 | 12,37 | 3,53 |
| 2017 | 4.819 | 13,12 | 3,27 |
| 2018 | 4.958 | 13,64 | 3,30 |
| 2019 | 5.585 | 14,50 | 3,12 |
| 2020 | 5.288 | 14,48 | 3,29 |
| 2021 | 5.963 | 14,98 | 3,02 |
| 2022 | 6.154 | 15,11 | 2,95 |
| 2023 | 5.783 | 14,89 | 3,09 |
| 2024 | 5.596 | 16,59 | 3,56 |
| 2025 | 5.559 | 16,35 | 3,53 |
| 2026 | 5.544 | 16,98 | 3,68 |
🧮 Sample Investment Calculation
Interactive calculation for an apartment in Stuttgart. Adjust values:
Acquisition Costs
Total Purchase Price –
Brokerage Fees (7 %) –
Property Transfer Tax (3.5 %) –
Total Investment –
Income & Yield
Rental Income (duration) –
Profit –
Yield p.a. –
🗺️ Roadmap for Beginners in Stuttgart
Step 1: Check financing capacity
Clarify budget and equity. Use the financing check in the sidebar.
Step 2: Set up local property searches
Search property portals for listings in Stuttgart and the surrounding area.
Step 3: Viewing & property inspection
Review owners' association minutes. Note structural defects and reserve funds.
Step 4: Purchase price negotiation
Price-to-yield factor 26,9 – use as a solid negotiation basis.
Step 5: Notary appointment & land registry
Factor in purchase costs (brokerage, transfer tax, notary).