New apartments in Potsdam: Prices high, but not exceptional - financial expert provides insight

New apartments in Potsdam: Prices high, but not exceptional - financial expert provides insight

According to a report from www.maz-online.de, a new residential project called “Residenz Babelsberg-Süd” is being developed on Horstweg in Potsdam. The project includes 125 apartments and 13 terraced houses. Construction is expected to be completed in the next two months and the units will be released for use.

As an expert in the real estate market, I would like to analyze the potential impact of this project. The creation of 125 new apartments will increase the supply on the Potsdam real estate market. This may put some pressure on rental prices as there is now more supply and potential tenants have more choice. However, it is important to note that rents in this project are already described as expensive. This suggests that the new apartments are likely to be more expensive and may not be affordable for everyone.

In addition, the completion of this residential project can have a positive impact on the local construction industry. The construction work provides jobs for construction workers, craftsmen and other skilled workers, which can have a positive impact on the region's economy.

Overall, the completion of the Babelsberg-Süd residence is expected to bring a certain dynamic to the Potsdam real estate market. It remains to be seen how rents and demand for these new apartments will develop.

Source:
According to a report from www.maz-online.de