Kreissparkasse Bautzen: 21 apartments awarded - rental boom in Oberkaina!

Kreissparkasse Bautzen: 21 apartments awarded - rental boom in Oberkaina!

In the picturesque city of Bautzen, where tradition meets modernity, an exciting construction project causes a stir. The Kreisparkasse Bautzen Apartments built in Oberkaina. Surprisingly, all rental apartments have already been awarded, despite increasing rental prices, which are on average in Bautzen at average at 6.15 euros per square meter and can even rise up to 11 euros for new buildings.

This pitched success was somewhat unexpected for building supervisor Reinhard Kruschwitz. "The demand for new rental apartments is enormous," he says. This requirement is also taken into account by future construction projects, in which, among other things, 12 four or five-room apartments are planned for a total of 8.4 million euros. The Kreissparkasse's investments in the new residential complexes amount to around seven million euros and are a direct result of the low interest rate phase. Because the demand for living space is particularly high for large apartments over 90 square meters, which keeps the Bautzen housing market tense.

modern amenities and sustainability

The newly built houses that started their construction in April 2024 offer maximum living comfort. Each of the three four-storey houses contains three 3-room and three 4-room apartments, as well as a penthouse. Other highlights are balconies or terraces, parking spaces, bicycle cellars and modern charging points for e-mobility. In addition, central elevators and barrier -free access are integrated, which makes the apartments particularly attractive for a broad target group.

Another plus is the environmentally friendly energy supply. Here the combination of geothermal heat pumps and photovoltaics are used, which not only reduce energy costs, but also contribute to the sustainability of the project.

Future -oriented planning and rental price development

like the ImmobilienScout24 , the development of the Bautzen rental market has historical roots. In the 1990s there was an increase in rental prices after reunification, driven by an economic upswing and the renovation of historical buildings. Today Bautzen is a popular place of residence - especially for young families and commuters, which further increases the demand for living space.

The current rent index of Current rental mirror shows the variety of rental prices in Bautzen. The rent for a 1-room apartment is an average of 5.50 euros per square meter, while a 5-room apartment is rented at around 7.50 euros per square meter. These factors make it understandable that construction projects such as that of the Kreissparkasse Bautzen are not only necessary to create new living space, but are also very lucrative.