2,000 apartments planned for RAW site - Magdeburg
2,000 apartments are planned for the former RAW site in Magdeburg. The article describes the development of the area in Salbke and the planned investments of around 800 million euros.
Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Magdeburg.
Between the decision to sell and the notary appointment in Magdeburg, there are usually several months of work: gathering documents, reliably determining the value, finding the right buyer group, negotiating. We take over these steps completely and keep you informed of every interim status.
Instead of searching portals daily, we reverse the process: you register your profile for Magdeburg, we automatically match every new listing with it, and we actively contact you. No fees for searchers, no automated mass emails, no sharing of your data with third parties.

Personally by Gerhard Hahn · FREITAG® Immobilien GmbH
Over 30 years of experience as a real estate specialist
We generally market your property in Magdeburg initially off-market — without a sign, without an online advertisement, without a public exposé. Only when the discreet route has been exhausted and you expressly wish it, do we move to broad marketing. This way, your privacy is preserved — from neighbours, tenants, employees, and the tax office.
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Anyone looking for an experienced real estate agent in Magdeburg expects more than just the publication of an advertisement. Crucial factors are a realistic valuation, a suitable marketing strategy, high-quality documentation, professional communication with prospective buyers and secure contract processing. This is precisely where we come in.
As a real estate agency for Magdeburg, we support owners, communities of heirs, capital investors, and landlords in all phases of real estate brokerage — with clear processes and transparent advice.
Personal consultationPersonal, discreet, with over 15 years of market knowledge – your real estate agent for Magdeburg.
You don't have to come to us: For a personal consultation or a property valuation, your real estate agent will, of course, come to you in Magdeburg – discreetly, without obligation, and at an appointment time that suits you.
Below you will find a clear presentation of current purchase prices, rents, and land values in Magdeburg. The data is based on publicly available statistics and valuation committee analyses — as a basis for decision-making for owners, buyers, and investors.
Current average purchase price per m² for houses in Magdeburg: 2,070 €/m²
House prices in Magdeburg have risen significantly over several years — driven by its proximity to Munich, high demand for family-friendly home ownership, and limited supply. Strong increases until 2022 were followed by a slight correction in 2023/2024, before the market recently showed renewed strength.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 980.77 €/m² | – |
| 2016 | 1,145.24 €/m² | +16.8 % |
| 2017 | 1,309.72 €/m² | +14.4 % |
| 2018 | 1,474.19 €/m² | +12.6 % |
| 2019 | 1,638.67 €/m² | +11.2 % |
| 2020 | 1,803.15 €/m² | +10 % |
| 2021 | 1,967.62 €/m² | +9.1 % |
| 2022 | 2,132.1 €/m² | +8.4 % |
| 2023 | 2,101.05 €/m² | -1.5 % |
| 2024 | 2,070 €/m² | -1.5 % |
Current average purchase price per m² for apartments in Magdeburg: 1,950 €/m²
Apartments in Magdeburg have also shown a positive long-term price development. It was particularly dynamic between 2017 and 2022. Since 2023, a noticeable calming has been observed — albeit without significant price decreases. The limited supply continues to support the price level to this day.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 923.91 €/m² | – |
| 2016 | 1,078.85 €/m² | +16.8 % |
| 2017 | 1,233.79 €/m² | +14.4 % |
| 2018 | 1,388.73 €/m² | +12.6 % |
| 2019 | 1,543.68 €/m² | +11.2 % |
| 2020 | 1,698.62 €/m² | +10 % |
| 2021 | 1,853.56 €/m² | +9.1 % |
| 2022 | 2,008.5 €/m² | +8.4 % |
| 2023 | 1,979.25 €/m² | -1.5 % |
| 2024 | 1,950 €/m² | -1.5 % |
Current average rent per m² in Magdeburg: 8.00 €/m²
Rents in Magdeburg have continuously increased in recent years. The development was particularly dynamic between 2018 and 2022. In 2023/2024, the increase continued at a more moderate pace — a sign of an already high rental level with stable demand.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 3.79 €/m² | – |
| 2016 | 4.43 €/m² | +16.9 % |
| 2017 | 5.06 €/m² | +14.2 % |
| 2018 | 5.70 €/m² | +12.6 % |
| 2019 | 6.33 €/m² | +11.1 % |
| 2020 | 6.97 €/m² | +10.1 % |
| 2021 | 7.60 €/m² | +9 % |
| 2022 | 8.24 €/m² | +8.4 % |
| 2023 | 8.12 €/m² | -1.5 % |
| 2024 | 8.00 €/m² | -1.5 % |
Current average land value per m² in Magdeburg: 210 €/m²
The land value in Magdeburg has developed significantly upwards — a reflection of the quality of the location and its proximity to the Munich market. Plots are scarce, and demand is structurally high. Strong increases until 2022 were followed by a brief consolidation before values stabilised.
| Year | Avg. value | Change |
|---|---|---|
| 2015 | 99.5 €/m² | – |
| 2016 | 116.18 €/m² | +16.8 % |
| 2017 | 132.87 €/m² | +14.4 % |
| 2018 | 149.56 €/m² | +12.6 % |
| 2019 | 166.24 €/m² | +11.2 % |
| 2020 | 182.93 €/m² | +10 % |
| 2021 | 199.61 €/m² | +9.1 % |
| 2022 | 216.3 €/m² | +8.4 % |
| 2023 | 213.15 €/m² | -1.5 % |
| 2024 | 210 €/m² | -1.5 % |
The real estate market in Magdeburg is generally characterized by stable demand. The price correction of 2023/24 in Saxony varied—Dresden and Leipzig maintained their levels, while peripheral locations in the Erzgebirge and Vogtland corrected more sharply, though they continue to find reliable purchasing power at moderate valuations. Reliable employment and a functioning housing market stabilize the level. For sellers in Magdeburg, this means a solid market position, especially for energy-renovated existing properties. Capital investors in Magdeburg benefit from gross rental yields typically between 4.1 % and 5.1 %. Anyone looking to buy a house or apartment in Magdeburg should pay particular attention to energy class, modernization status, and proximity to local commuter routes.
A closer look at recent years shows how the Magdeburg real estate market has specifically developed within the Saxony-Anhalt market. For single-family and terraced houses in Magdeburg, the average purchase price moved from 981 €/m² in 2015 to the current 2,070 €/m² (2024)—a total change of +111.1 % over 9 years, which corresponds to an average value growth of +8.7 % p.a. The previous peak was reached in 2022 at 2,132 €/m²; since then, the market has corrected by -2.9 %—a typical pattern in many German mid-sized markets following the interest rate turnaround. Condominiums in Magdeburg started at around 924 €/m² in 2015 and are currently at 1,950 €/m² (+111.1 % over 9 years, Ø +8.7 % p.a.). This makes them suitable as an entry point into homeownership or as a capital investment with a manageable ticket size. The average net cold rent in Magdeburg developed from 3.79 €/m² (2015) to the current 8.00 €/m²—+111.1 % over 9 years or Ø +8.7 % p.a. For landlords, the continuous rent increase ensures a predictable adjustment to inflation and operating costs. The standard land value in Magdeburg rose from 100 €/m² (2015) to the current 210 €/m² (+111.1 % in 9 years)—a key indicator for structural location quality and local demand for building land. Based on current figures, a rented condominium in Magdeburg yields a calculated gross rental return of around 4.9 %—without taking into account vacancy, maintenance, and ancillary purchase costs. Experience shows that realistic net returns are 0.8 to 1.5 percentage points lower. With around 244,329 inhabitants, Magdeburg represents a manageable market size—meaning that properties priced correctly for the market and well-prepared are generally sold quickly, while overpriced offers remain on the market longer and lose room for negotiation. For owners in Magdeburg considering a sale or letting, an individual, data-based valuation is the most important first step—it replaces estimates from online calculators that cannot account for micro-location, energy efficiency, and property substance. FREITAG® provides this valuation free of charge and without obligation.
Rental yield range (approx.): 4.1 – 5.1 % gross.
These market data are regularly updated and reviewed at least every 12 months based on current statistics and expert committee data.
Current market values in Magdeburg compared to the median of all municipalities in Sachsen-Anhalt.
| Key figure | Magdeburg | Sachsen-Anhalt (Median) | Difference |
|---|---|---|---|
| Houses Ø | 2,070 €/m² | 1,325 €/m² | +56.2 % |
| Flats Ø | 1,950 €/m² | 1,260 €/m² | +54.8 % |
| Rents Ø | 8.00 €/m² | 5.90 €/m² | +35.6 % |
Annual average values for purchase prices (houses & flats) and rents in Magdeburg, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY | Rent Avg/m² | YoY |
|---|---|---|---|---|---|---|
| 2015 | 981 €/m² | – | 924 €/m² | – | 3.79 €/m² | – |
| 2016 | 1,145 €/m² | +16.8 % | 1,079 €/m² | +16.8 % | 4.43 €/m² | +16.9 % |
| 2017 | 1,310 €/m² | +14.4 % | 1,234 €/m² | +14.4 % | 5.06 €/m² | +14.2 % |
| 2018 | 1,474 €/m² | +12.6 % | 1,389 €/m² | +12.6 % | 5.70 €/m² | +12.6 % |
| 2019 | 1,639 €/m² | +11.2 % | 1,544 €/m² | +11.2 % | 6.33 €/m² | +11.1 % |
| 2020 | 1,803 €/m² | +10 % | 1,699 €/m² | +10 % | 6.97 €/m² | +10.1 % |
| 2021 | 1,968 €/m² | +9.1 % | 1,854 €/m² | +9.1 % | 7.60 €/m² | +9 % |
| 2022 | 2,132 €/m² | +8.4 % | 2,009 €/m² | +8.4 % | 8.24 €/m² | +8.4 % |
| 2023 | 2,101 €/m² | -1.5 % | 1,979 €/m² | -1.5 % | 8.12 €/m² | -1.5 % |
| 2024 | 2,070 €/m² | -1.5 % | 1,950 €/m² | -1.5 % | 8.00 €/m² | -1.5 % |
Source: FREITAG® Immobilien's own market research based on publicly available statistics and expert committee evaluations.
Frequently asked questions about buying, selling, financing, and living in Magdeburg — concisely answered.
Property annuity (Immobilienverrentung) in Magdeburg means: You transfer ownership, but retain the right of use. Four options are available — Usufruct (Nießbrauch) (most extensive rights, including letting), Right of abode (personal use), Life annuity (monthly payment instead of a lump sum) and Sale-and-leaseback (sale at full price, followed by a rental agreement).
Which option is suitable depends on your age, health status, inheritance situation and the current market value of your property in Magdeburg. These factors directly influence the valuation — therefore, we do not make blanket promises regarding the achievable amount.
The initial consultation is free and without obligation. Upon request, we will involve relatives, tax advisors or notaries from the outset, so that the solution is also sustainable within the family in Magdeburg.
For production halls, office buildings, medical centres (Ärztehäuser), and logistics areas in Magdeburg FREITAG® brokers both classic sales and Sale & Lease-Back. Buyers include family offices, real estate funds, and private portfolio holders with a long-term horizon.
The process is discreet: contact is made off-market, without an advertisement and without a sign on the property. Employees, customers and competitors in Magdeburg will not know anything, as long as you don't wish it.
It starts with a reliable valuation based on the income approach (Ertragswert) — not a desired figure. Based on this, you decide whether to sell, lease back, or hold.
Hospitality properties in Magdeburg are valued differently from residential properties: Key factors are turnover, contribution margin, seating capacity, kitchen technology, licences, and whether the business can function without the previous owner. We value based on the earnings approach and openly state which portions are attributable to the property, inventory, and goodwill.
Marketing is conducted discreetly. A publicly visible sales offer unsettles staff, regular customers, and suppliers in Magdeburg — therefore, we approach interested parties specifically and under a confidentiality agreement.
Whether selling, leasing, or handing over to a successor within the family: We structure the path that suits the situation of your business in Magdeburg , and accompany you until the notary or lease agreement appointment.

Managing Director of FREITAG® Beteiligungsgesellschaft mbH
As an appraiser and real estate agent with over 30 years of experience, Gerhard Hahn knows both sides of the market: reliable valuation and the actual willingness of buyers to pay. For owners, heirs, and capital investors, he translates this into a concrete sales or letting strategy.
Especially in a location like Magdeburg, discretion is crucial. For over 30 years, Gerhard Hahn has primarily marketed off-market — without signs, without portals, without unnecessary external exposure. Gerhard Hahn also plans personal on-site appointments for Magdeburg, around 420 km from Munich — valuation and initial consultation always take place at your premises.
Note: This list is based on AI-powered research (ChatGPT) of publicly available sources and does not constitute an official evaluation or recommendation. The order does not imply a hierarchical ranking.
Established, owner-managed estate agency in Magdeburg focusing on property sales for owner-occupiers and investors. Sandro Wallisch brings over 20 years of experience and offers detailed market value analyses as well as support with legal matters. Large database of search profiles with over 467 prospective buyers for a quick sale.
Visit websiteLocal McMakler office on Hegelstraße with experts in property valuation and sales in Magdeburg and the surrounding area. Surrounded by Wilhelminian-style buildings, they offer comprehensive advice for the sale of your property. Available Mon-Fri 8am-8pm, Sat-Sun 10am-7pm.
Visit websiteLocal estate agent for Magdeburg, Schönebeck and Oschersleben with professional valuation and support from the initial consultation to the handover. Branch manager Yoster von Wülfing provides expert support for buying and selling. Specialised in the Saxony-Anhalt region.
Visit websiteEstate agent active in the Magdeburg area since 1997 for private and commercial clients with 25 years of experience. Specialised in the sale and letting of properties in Saxony-Anhalt and beyond. A reliable partner for the local market.
Visit websiteLocal estate agent in Magdeburg's Old Town focusing on house and apartment sales. Offers comprehensive services as a real estate firm in a central location. Certified premium partner for professional service.
Visit websiteCertified premium partner and estate agent in Magdeburg with a focus on house and apartment sales. Successful team for the professional handling of property requirements. Locally established in Stadtfeld Ost.
Visit websiteEstate agent in Magdeburg-Reform with offers for selling and letting. Specialised in prefabricated houses, construction planning and building consultancy alongside classic agency services. Local team for the Magdeburg market.
Visit websiteOwner-managed agency focusing on property acquisition, purchasing and the sale of detached houses in Magdeburg. Offers valuations and energy performance certificates. Locally based in Stadtfeld Ost.
Visit websiteEstate agent in Magdeburg with services including valuation, letting and energy performance certificates. Full service portfolio for the local property market. Located in Stadtfeld Ost.
Local real estate firm and agent in Magdeburg with comprehensive services. Certified partner for buying, selling and management. Established in the region.
Are you looking for a real estate agent not directly in Magdeburg, but in the surrounding area? FREITAG® also serves the following municipalities in Saxony-Anhalt with local market knowledge, current purchase prices, and personal advice:
These locations are within a price band of ±10% around the current average house price per square metre of Magdeburg (Ø 2,070 €/m²) — ideal for an honest market comparison and alternative location assessments.

From measurements and the energy performance certificate to buyer selection: We fully prepare your house before it goes on the market — and conduct negotiations up to notarisation.
We consider the declaration of division (Teilungserklärung), service charge (Hausgeld), energy performance certificate, reserves, and target group — and structure the entire sales process for you.
Developability, layout, development status, and land value guide are crucial. We provide a realistic valuation and specifically address suitable buyers and investors.
Office, practice, warehouse, hotel, or gastronomy — discreet marketing with a sound valuation and personal support until completion.

The right rental price determines whether a property stands vacant or has long-term tenants. We set it at a market-appropriate level and pre-filter interested parties, instead of holding mass viewings.
For houses, tenant quality matters more than the final price point. We select tenants who will look after the property long-term.
Right of residence (Wohnrecht), leaseback, life annuity (Leibrente), or usufruct (Nießbrauch) — we examine the most suitable option for you and advise on opportunities and framework conditions.
Understandable valuation as a basis for sale or letting — carried out by certified experts with regional market knowledge.
Contact us — we will advise you without obligation on valuation, marketing, and next steps.
Phone hours: Mon–Sat 09:00–20:00 · Sun & public holidays closed
| Country | Deutschland |
| Coordinates | 52.1205° N, 11.6276° E |
| Federal State | Sachsen-Anhalt |
| District | Landkreis kreisfreie Stadt |
| Altitude | 56 m ü. NHN |
| Area | 201.03 km² |
| Inhabitants | 244329(31. Dez. 2024) |
| Community Key | 15003 |
| Website | magdeburg.de |
Quellen: Wikipedia / Gemeindewebsite / Perplexity (accessed on 2026-05-11)
2,000 apartments are planned for the former RAW site in Magdeburg. The article describes the development of the area in Salbke and the planned investments of around 800 million euros.
The official starting signal has been given for the Rawsburg urban quarter in Magdeburg-Salbke. According to the report, around 800 million euros are to be invested in approximately 2,000 apartments as well as commercial, educational, and leisure facilities.
The report covers the financial distress of the Magdeburg project developer AOC Stadtentwickler. The text contextualizes the debtor-in-possession insolvency and the impact on projects in the locations of Magdeburg and Leipzig.
The focus is on a planned office building in Magdeburg's city center with around 15,000 square meters of rental space. The article addresses the investor's financial situation and the question of how the project will proceed.
The article discusses the increased interest from construction investors in Magdeburg in the context of the Intel settlement. It mentions the consequences for the real estate market and the demand for housing for skilled workers.
A new construction project with 54 apartments and two commercial units has started in Magdeburg-Nord. The report mentions construction costs, subsidies, as well as the planned rents and the schedule for completion.
INDUSTRIA has acquired a new residential project in Magdeburg for the FOKUS WOHNEN DEUTSCHLAND fund. 116 apartments are planned on Rogätzer Straße; completion was scheduled for the first quarter of 2025.
The Magdeburg City Council has approved the development plan for the area at Südliche Sieverstorstraße 174-2. The Börde Bogen project, featuring more than 800 apartments, is to be built on the site in several construction phases.