Housing in the surrounding area: Save despite commuting to Frankfurt!

Housing in the surrounding area: Save despite commuting to Frankfurt!

The rising real estate prices in Frankfurt make many potential buyers look for for alternatives in the surrounding area. The expert committee for real estate values reports that the square meter price for condominiums in the first half of 2024 was an average of 5330 euros, a slight increase compared to 5250 euros in the previous year. These prices are still high, which many moves to look around in surrounding places, even if they have to commute to Frankfurt every day.

A current study by the Hamburg World Economic Institute analyzes on behalf of Postbank in which cities in the surrounding area in Frankfurt is worth buying an apartment despite pendulum effort. The study assumes that there is a household in which a person goes to work to Frankfurt every day. The saved purchase prices for apartments in the surrounding area are compared to the costs for public transport or the use of the car, including the associated time expenses.

attractive options in the surrounding area

According to the study, buying an apartment becomes advantageous if the cost of commuting over a period of at least 25 years can be compensated for by the savings at the purchase price. This applies in 13 surrounding cities if the commuters use public transport. The situation in Langen is particularly favorable, which shines with a train connection in just nine minutes to Frankfurt Central Station. Offenbach, Dreieich, Neu-Isenburg and Bad Vilbel follow the list of attractive locations.

For larger 120 square meter apartments, the list of rewarding pendulum locations is expanded to 33 out of 35 municipalities, whereby Langen, Offenbach and Dreieich are back at the forefront. However, the calculation for car pendulum traffic hits in a different direction: Here the purchase in Offenbach, Neu-Isenburg and Maintal proves to be particularly profitable for 70 square meter apartments. In the case of larger units up to 120 square meters, the pendulum costs in 19 cities still have a positive yield compared to the purchase price.

home office and pendulum behavior

Manuel Beermann from Postbank points out that the economy of a purchase purchase also stands out strongly from the personal living conditions of the commuters. For parents who have to bring their children to school or daycare in any case anyway, the purchase in the surrounding area could be more worthwhile because they can bundle time and costs. Postbank also predicts that due to the current climatic and traffic policy framework conditions, public transport will create a larger price difference in the future.

Especially for employees who work regularly in the home office - about two days a week - the purchase in the surrounding area could become even more attractive. In these cases, the study shows that the savings of the far lower purchase price of the apartments in the 35 municipalities examined brings significant advantages compared to the pendulum costs. In the case of 70 square meters in 32, the pendulum ratio is advantageous in 32.

For more information and deeper insights into the matter, interested parties can take a look at the detailed study, which is given to www.fnp.de can be found.