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Real Estate in Dresden, Germany | Digital Nomad Exchange
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Real Estate in Dresden, Germany

By Joshua Wood, LPC

Last updated on Nov 08, 2024

Summary: The most desirable neighborhoods in Dresden, Germany are Neustadt, Blasewitz, and Loschwitz. On average, a nice 2 bedroom home in Dresden costs around $200,000 USD, while a nice 3 bedroom home costs around $250,000 USD. These properties typically include modern amenities such as central heating, modern kitchens, and updated bathrooms. Foreigners are allowed to purchase property in Dresden, however, they must obtain a residence permit from the local authorities. An expat looking to buy a home in Dresden should start by researching the different neighborhoods and their amenities. They should also consider their budget and look for properties that fit their needs. Additionally, they should contact a local real estate agent to help them find the right property.

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How do I find a place to live in Dresden?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Dresden is to use online resources such as websites and forums. Websites such as ImmobilienScout24 and WG-Gesucht are great for finding apartments and rooms for rent. Additionally, there are many Facebook groups dedicated to helping people find housing in Dresden. Additionally, you can also contact local real estate agents who can help you find a place to live. Finally, you can also ask around in your local community for recommendations," said one person in Dresden.

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What is a typical expat home or apartment like in Dresden?

"Expat homes and apartments in Dresden are typically modern and spacious, with high ceilings and large windows that let in plenty of natural light. Many of the apartments are located in historic buildings, giving them a unique charm. Expat homes and apartments in Dresden are often equipped with modern amenities such as dishwashers, washing machines, and dryers. Many of the apartments also have balconies or terraces, providing a great place to relax and enjoy the city views," explained one person living in Dresden, Germany.

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What is the average cost of housing in Dresden?

If you are thinking about moving to Dresden, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Dresden is generally quite reasonable compared to other cities in Germany. The average cost of renting an apartment in Dresden is around €600-800 per month, depending on the size and location of the apartment. Buying a property in Dresden is also relatively affordable, with the average price of a house being around €200,000," remarked one foreigner who made the move to Dresden.

Should I buy or rent a home in Dresden?

If you have not spent a lot of time in Dresden, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Dresden can be a great investment. The city is known for its rich cultural heritage and vibrant atmosphere, making it an attractive place to live. The cost of living in Dresden is relatively low compared to other German cities, and the city offers a wide range of housing options. Renting a home in Dresden can also be a great option, as it allows you to enjoy the city without the commitment of buying a home. Renting also gives you the flexibility to move around and explore different neighborhoods. Ultimately, the decision to buy or rent a home in Dresden depends on your individual needs and preferences," remarked one member in Dresden.

What do I need to know when buying property in Dresden?

When we asked expats what advice they would give a foreigner before buying a property in Dresden, they said:

"When buying property in Dresden, it is important to research the local market and familiarize yourself with the local laws and regulations. It is also important to consider the location of the property, as well as the condition of the property and any potential renovations that may be necessary. It is also important to consider the cost of living in the area, as well as the availability of public transportation and other amenities. Additionally, it is important to consider the taxes and fees associated with purchasing property in Germany, as well as any potential restrictions on foreign ownership. Finally, it is important to work with a qualified real estate agent who is familiar with the local market and can help you navigate the process of buying property in Dresden," said one person in Dresden.

Are foreigners allowed to own property in Dresden?

When we asked expats what advice they would give a foreigner before buying a property in Dresden, they said...

"Yes, foreigners are allowed to own property in Dresden. According to German law, non-EU citizens are allowed to purchase property in Germany, provided they have a valid residence permit. EU citizens are allowed to purchase property in Germany without a residence permit. However, non-EU citizens may be subject to additional restrictions, such as a requirement to obtain permission from the local authorities before purchasing a property," explained one person living in Dresden, Germany.

What appliances are typically included in a rental?

We asked foreigners in Dresden what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Dresden typically include a refrigerator, stove, oven, and washing machine. Depending on the property, some may also include a dishwasher, microwave, and/or dryer," explained one person living in Dresden, Germany.

Additional Information about Searching for a Home in Dresden:

We asked foreigners in Dresden what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in Dresden by looking online for real estate listings, contacting local real estate agents, and searching for expat-specific housing resources. Additionally, expats can look for housing through online forums and social media groups dedicated to expats living in Dresden," said one in Dresden.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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