The city of Dresden has always attracted visitors for its magnificent museums, and well kept architecture and arts. However, many do not know that Dresden is also Europe’s largest microelectronics location. With a state-of-the-art research division on molecular bioengineering.
In the property market, Dresden is no beginner. With prices per square meter still below the thousand mark, it’s no wonder why the mean factor it’s between 15.3 – 21.3 times the annual rent currently paid.
As per government market report, Dresden is still trying to close the gap on the shortage of rental apartments despite the large development in the old part of the city, by the Herzogin Garten where new rental apartments are under construction.
Savvy investors keep looking for properties in the city area giving preference to Friedrichstadt or Leipziger Vorstadt, which still offer potential for upgrading.
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