Germany real estate market — prices, rental yield and trend
- Average price: $6,138 / m²
- Gross rental yield: 3.42%
- 12-month price change (USD): -1.4%
- Transaction cost: 12.3%
- Price basis: capital average
Residential property in Germany averages $6,138 per square metre. In dollar terms the market has barely moved over the last twelve months (-1.4%). That makes it the 16th most expensive of the 70 markets in the set.
What a buyer pays in Germany
The $6,138 figure is an average for the capital: it describes the capital's market, not the country as a whole — most of the country trades well below it. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 12.3% of the price here. On a 100 m² apartment at the average price that is roughly $75,497 on top of the $613,800 purchase price. That is above the 9.5% median across the set — the entry cost is part of the investment case here.
What it earns
Long-term letting returns about 3.4% gross on the purchase price, 66th of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 7.9 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for Germany comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: GPG sqm · globalpropertyguide.com · ec.europa.eu · numbeo.com. Snapshot: 2026-07-23.