About the property
- Project category: Residential property
- Project type: New building / project
- Building: 2023
- Purchase: 2021
- Investment amount: EUR 2.600.000,00
- (planned) revenue*: EUR 3.450.000
Note: *) This value is a forecast.
With about 560,000 inhabitants, Dresden is considered the twelfth largest city in Germany. Within the Free State of Saxony, it is the second largest municipality. Dresden consists of 10 city boroughs and 9 villages and borders on Poland and the Czech Republic. As the capital of Saxony, it has an area of 328.48 km² and is therefore the 4th largest city in Germany after Berlin, Hamburg and Cologne. The charming surroundings of Dresden are characterised by the Lusatian granite plateau, the Elbe Sandstone Mountains and the foothills of the Eastern Ore Mountains. With over 60 % forest and green area, Dresden belongs the cities with the highest proportion of green areas in Europe. The municipality has a total of 140 natural monuments, including 2 listed gardens, parks and avenues. The natural landscape of the Dresden Elbe Valley with the Elbe meadows runs 20 km through the city area.
Economy and tourism
The focus of Dresden's resident companies is on materials, nanotechnology, microelectronics, pharmaceuticals, biotechnology, mechanical engineering, space technology, tourism, trade and education. Traditional resident companies include APOGEPHA Arzneimittel GmbH, Dresdner Verkehrsbetriebe, Dresdner Bank, Sachsenwerk and Elbe Aircraft Works. Together with Dresden Congress Centre and Dresden Trade Fair, the municipality is a popular conference venue and provides appropriate hotels and accommodation. In 2019 alone, there were over 2 million overnight guests, including 20% of guests from abroad.
The Hellerau quarter is located in the city borough of Klotzsche. The quarter's architectural, industrial, social and cultural history is of enormous significance. Hellerau was founded in 1909 as a garden city. The cityscape is shaped by the established residential areas. At the beginning of the 20th century, significant buildings of reform architecture were erected there since 2011. Since 2011, attempts have been made to include this part of the city in the UNESCO World Heritage List. The A4 and A13 motorways, tram line 8 and Dresden International Airport are located in the middle of Hellerau and represent important transport hubs. Today, the quarter has three centres: the building complex of the German workshops Hellerau, the historic festival theatre and the market square in the Kleinhaus quarter, where inns and retailers are located. Furthermore, there are medical practices, schools, day-care centres, a church, shops and workshops throughout the borough.