Frankfurt’s economic strength is the basis for property demand
Frankfurt is not only a European financial hub, it also one of the most well
known exhibition cities.
The Frankfurt Book Fair and the International
Automobile Fair (IAA), the world’s largest automobile exhibition, generate a lot
of attention. In addition, the Frankfurt metropolitan area – “Greater Frankfurt” as
some like to call it since the Brexit decision – is one of Germany’s most dynamic
economic regions. With a population of 5.6 million, the Frankfurt metropolitan
area comes closest to the 8.7 million inhabitants of Greater London.
However, it
extends across an area almost ten times that of Greater London. Compared to
London, low housing density in and around Frankfurt is reflected in much lower
property prices. Although they are rising, Frankfurt house prices are still low in
comparison to other cities in Europe, and give it a potential geographical
advantage.
The same can be said of Frankfurt’s highly developed infrastructure.
In addition to the nearby international airport, rail connections to Amsterdam,
Berlin, Luxembourg, Munich, Paris and Zurich take less than five hours.
EU Forecast
euf:ba18.c:87/nws-01