Frankfurt property prices rise sharply in first quarter

Property purchase prices in Frankfurt am Main rose more sharply in the first quarter than in other major German cities.

Interior architect Antje Sommerkamp purchased a house built in 1926 in the northwest of the city. After extensive renovations she presented the property to a living magazine this month and highlighted the value of historic buildings.

Frankfurt continues to attract new residents, supported by its role as a banking center and Germany’s largest airport. This is reflected in prices.

Experts nevertheless view the phase of blind value increases as over for now. The data come from VDP Research and discussions with specialists.

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