AENGEVELT is the expert for properties in the capital of Saxony

The former royal residence and current capital of the Free State of Saxony, the city is the centre of the Dresden region. Because of the its architecture which, on the one hand, radiates the flair of a traditional residence and which is also strongly shaped by the element of water, the city is also called “Florence on the Elbe”. Arduous restorations taking several years and numerous significant museums have made the city into a popular destination for lovers of art and architecture which is renowned even outside of Germany today. The economy in Dresden is varied and is shaped by the close cooperation between research and business in some areas. Dresden is an significant high-tech location and mechanical and plant engineering, biotechnology, etc. also play an important role. Moreover, service providers and public administration are of great significance for the city and the properties market.

Dresden interesting for properties investors

For residential properties as income properties in particular, Dresden is a good address. The city is among the few cities in Germany that is enjoying growing numbers of inhabitants. The number of households is growing while the rate of new construction is rather low. That is why Dresden is a city with very few empty flats. This type of situation is an important indicator for properties markets where investments are profitable such as in a multi-storey dwelling in Dresden. The amount yielded from residential properties in Dresden can therefore be described as very attractive. When compared to other locations – in particular in Eastern Germany – Dresden is in good shape. The same is true for business premises and office buildings. Especially in the downtown area and on the edges of the city, investors are enjoying high and very stable profits.

Office space in Dresden

The market for office properties in Dresden is shaped by the brokerage smaller spaces. Companies such as consulting firms and social service providers are the primary customers here. A few larger deals to public administration in the past few years are also worth mentioning. In situations where office spaces and consulting rooms in Dresden, are let, this is usually an expansion of an existing company. These companies also profit from the extensive range of logistics properties and warehouses in Saxony’s capital.

Property brokering in Dresden through AENGEVELT property consultant

Further expansion as a property consultant: the branch in Dresden is the latest to have been opened by the AENGEVELT property consultant. After being opened in August of 2009, it was apparent very soon that this was precisely the right decision. The properties market in Dresden is stable, lucrative and will continue to develop in a positive direction. On the one hand, this has an effect on population growth which the capital can be proud of. On the other hand, sectors independent of the economic situation such as research and science, public administration and high-tech company are virtually always in need of modern properties. As a national and international properties expert, AENGEVELT was able to establish an excellent position in this market as well after only a short period of time. From its location in Dresden, AENGEVELT also oversees and analyses the interesting properties market in Eastern Europe. Our neighbour Poland, in particular, is a market which represents a profitable target country for German companies and investors in the field of properties today.