Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Oberwiesenthal.
Anyone selling or letting a property in Oberwiesenthal doesn't need advertising promises, but a realistic assessment. We tell you what your property will fetch on the market, which documents are missing, and what marketing duration to expect — before you decide to work with us.
A significant proportion of properties in Oberwiesenthal change owners before an advertisement is placed. Those with a registered search profile are on the list the moment an owner commissions us. You describe once what you are looking for — location, size, budget, condition — and you will only hear from us when it truly matches.
Personally by Gerhard Hahn · FREITAG® Immobilien GmbH
Over 30 years of experience as a real estate specialist
Firstly: an honest valuation of your property in Oberwiesenthal — based on actual comparable sales, not on aspirational prices. Secondly: a clear, written marketing concept before you sign. Thirdly: personal availability of Gerhard Hahn himself — not of changing assistants.
»Competent and trustworthy, absolutely perfect«
»Mr Freitag successfully sold my company mudis and completely surprised me with the sale price. I am still absolutely thrilled!«
»FREITAG® Immobilien helped us quickly and professionally with a financially very urgent matter. Many thanks again for that!«
Anyone looking for an experienced real estate agent in Oberwiesenthal 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 Oberwiesenthal, 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 Oberwiesenthal.
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 Oberwiesenthal – 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 Oberwiesenthal. 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 Oberwiesenthal: 2,650 €/m²
House prices in Oberwiesenthal 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 |
|---|---|---|
| 2016 | 1,650 €/m² | – |
| 2017 | 1,760 €/m² | +6.7 % |
| 2018 | 1,890 €/m² | +7.4 % |
| 2019 | 2,030 €/m² | +7.4 % |
| 2020 | 2,170 €/m² | +6.9 % |
| 2021 | 2,340 €/m² | +7.8 % |
| 2022 | 2,480 €/m² | +6 % |
| 2023 | 2,520 €/m² | +1.6 % |
| 2024 | 2,560 €/m² | +1.6 % |
| 2025 | 2,620 €/m² | +2.3 % |
| 2026 | 2,650 €/m² | +1.1 % |
Current average purchase price per m² for apartments in Oberwiesenthal: 2,980 €/m²
Apartments in Oberwiesenthal 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 |
|---|---|---|
| 2016 | 1,820 €/m² | – |
| 2017 | 1,940 €/m² | +6.6 % |
| 2018 | 2,080 €/m² | +7.2 % |
| 2019 | 2,230 €/m² | +7.2 % |
| 2020 | 2,390 €/m² | +7.2 % |
| 2021 | 2,560 €/m² | +7.1 % |
| 2022 | 2,720 €/m² | +6.3 % |
| 2023 | 2,790 €/m² | +2.6 % |
| 2024 | 2,850 €/m² | +2.2 % |
| 2025 | 2,930 €/m² | +2.8 % |
| 2026 | 2,980 €/m² | +1.7 % |
Current average rent per m² in Oberwiesenthal: 8.90 €/m²
Rents in Oberwiesenthal 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 |
|---|---|---|
| 2016 | 5.70 €/m² | – |
| 2017 | 5.90 €/m² | +3.5 % |
| 2018 | 6.10 €/m² | +3.4 % |
| 2019 | 6.35 €/m² | +4.1 % |
| 2020 | 6.60 €/m² | +3.9 % |
| 2021 | 6.90 €/m² | +4.5 % |
| 2022 | 7.25 €/m² | +5.1 % |
| 2023 | 7.55 €/m² | +4.1 % |
| 2024 | 7.85 €/m² | +4 % |
| 2025 | 8.30 €/m² | +5.7 % |
| 2026 | 8.90 €/m² | +7.2 % |
Current average land value per m² in Oberwiesenthal: 120 €/m²
The land value in Oberwiesenthal 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 |
|---|---|---|
| 2016 | 55 €/m² | – |
| 2017 | 58 €/m² | +5.5 % |
| 2018 | 62 €/m² | +6.9 % |
| 2019 | 68 €/m² | +9.7 % |
| 2020 | 74 €/m² | +8.8 % |
| 2021 | 82 €/m² | +10.8 % |
| 2022 | 92 €/m² | +12.2 % |
| 2023 | 100 €/m² | +8.7 % |
| 2024 | 108 €/m² | +8 % |
| 2025 | 116 €/m² | +7.4 % |
| 2026 | 120 €/m² | +3.4 % |
The real estate market in Oberwiesenthal is generally more of a niche market with limited liquidity, but clear location advantages in the tourism segment. For buyers, this means: those looking for a property for their own use or wishing to acquire an object with holiday rental potential will find a specific market environment here with stable basic demand. A classic buyer's market exists only to a limited extent, as supply remains small and good locations rarely come onto the market. At the same time, the market is not comparable to metropolitan regions, so price negotiations for properties in need of renovation or in peripheral locations are certainly possible. For sellers, the following applies: modernised properties in good locations are usually easier to place than simple existing stock. Demand is primarily driven by leisure value, second homes and tourist use. This supports both purchase prices and rents, although rental yields depend heavily on the property and occupancy rates. For capital investors, gross rental yields in a rough range of about 3.5 % to 5.5 % are realistic; for units that are very easy to let or used for tourism, the range may deviate in individual cases. Overall, property prices in Oberwiesenthal point to a stable but selective market with a focus on quality, location and flexibility of use. Anyone considering the price per square metre in Oberwiesenthal, rental prices in Oberwiesenthal and the standard land value in Oberwiesenthal in context will recognise an environment with a moderate upward trend and limited potential for new construction.
A closer look at the last few years shows how the Oberwiesenthal real estate market has developed specifically within the Saxon market in relation to Dresden and Leipzig. For detached and terraced houses in Oberwiesenthal, the average purchase price moved from 1,650 €/m² in 2016 to currently 2,650 €/m² (2026) — a total change of +60.6 % over 10 years, which corresponds to an average value increase of +4.9 % p.a. Condominiums in Oberwiesenthal started in 2016 at around 1,820 €/m² and are today at 2,980 €/m² (+63.7 % over 10 years, Ø +5.1 % p.a.). They are therefore often suitable as an entry into home ownership or as a capital investment with a manageable ticket size. The average net cold rent in Oberwiesenthal developed from 5.70 €/m² (2016) to currently 8.90 €/m² — +56.1 % over 10 years or Ø +4.6 % p.a. For landlords, the continuous rent increase ensures a predictable adjustment to inflation and operating costs. The standard land value in Oberwiesenthal rose from 55 €/m² (2016) to currently 120 €/m² (+118.2 % in 10 years) — an essential indicator of the structural location quality and local demand for building land. Based on current values, a rented condominium in Oberwiesenthal yields a calculated gross rental return of around 3.6 % — 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 2,000 inhabitants, Oberwiesenthal forms a limited but continuous transaction volume — which means: market-priced, well-prepared properties are usually sold quickly, while overpriced offers remain on the market longer and lose room for negotiation. For owners in Oberwiesenthal who are considering a sale or letting, an individual, data-based valuation is the most important first step — it replaces estimates from online calculators that cannot reflect micro-location, energy efficiency and building fabric. FREITAG® provides this assessment free of charge and without obligation.
Rental yield range (approx.): 3.5 – 5.5 % 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 Oberwiesenthal compared to the median of all municipalities in Sachsen.
| Key figure | Oberwiesenthal | Sachsen (Median) | Difference |
|---|---|---|---|
| Houses Ø | 2,650 €/m² | 1,710 €/m² | +55 % |
| Flats Ø | 2,980 €/m² | 1,600 €/m² | +86.3 % |
| Rents Ø | 8.90 €/m² | 6.80 €/m² | +30.9 % |
Annual average values for purchase prices (houses & flats) and rents in Oberwiesenthal, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY | Rent Avg/m² | YoY |
|---|---|---|---|---|---|---|
| 2017 | 1,760 €/m² | – | 1,940 €/m² | – | 5.90 €/m² | – |
| 2018 | 1,890 €/m² | +7.4 % | 2,080 €/m² | +7.2 % | 6.10 €/m² | +3.4 % |
| 2019 | 2,030 €/m² | +7.4 % | 2,230 €/m² | +7.2 % | 6.35 €/m² | +4.1 % |
| 2020 | 2,170 €/m² | +6.9 % | 2,390 €/m² | +7.2 % | 6.60 €/m² | +3.9 % |
| 2021 | 2,340 €/m² | +7.8 % | 2,560 €/m² | +7.1 % | 6.90 €/m² | +4.5 % |
| 2022 | 2,480 €/m² | +6 % | 2,720 €/m² | +6.3 % | 7.25 €/m² | +5.1 % |
| 2023 | 2,520 €/m² | +1.6 % | 2,790 €/m² | +2.6 % | 7.55 €/m² | +4.1 % |
| 2024 | 2,560 €/m² | +1.6 % | 2,850 €/m² | +2.2 % | 7.85 €/m² | +4 % |
| 2025 | 2,620 €/m² | +2.3 % | 2,930 €/m² | +2.8 % | 8.30 €/m² | +5.7 % |
| 2026 | 2,650 €/m² | +1.1 % | 2,980 €/m² | +1.7 % | 8.90 €/m² | +7.2 % |
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 Oberwiesenthal — concisely answered.
For owners in Oberwiesenthal who wish to sell their property and continue to live in it, FREITAG® offers the classic property annuity (Immobilienverrentung) — via usufruct (Nießbrauch), Right of residence, Leaseback or Life annuity. You release the capital tied up in your house or condominium in Oberwiesenthal and secure a right of residence registered in the land registry.
The model that is particularly in demand is Usufruct: You remain the economic owner, are in the first rank in the land registry, and can even rent out the property if needed. An owner-occupancy termination is contractually excluded for all four models.
Whether it's care costs, gifts to heirs, or a noticeably higher pension: We will check for owners in Oberwiesenthal, free of charge, which model suits their life situation, and obtain offers from selected investors and foundations.
For production halls, office buildings, medical centres (Ärztehäuser), and logistics areas in Oberwiesenthal 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 Oberwiesenthal 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.
Owners of hotels and restaurants in Oberwiesenthal who wish to sell their hospitality property or lease it want, will find FREITAG® to be a partner for the Horeca sector. We broker everything from traditional guesthouses and cafés to hotels and boarding houses to investors and successors who understand the industry.
Selling a hotel in Oberwiesenthal without business interruption is a complex task: We assist with valuation, discreet exposé creation, and approaching suitable buyer groups — for ongoing operations as well as for properties with conversion potential.
Alternatively, we lease: solvent tenants with industry experience, checking of creditworthiness and concept, long-term predictable lease income. For every hospitality property in Oberwiesenthal the right strategy.
Managing Director of FREITAG® Beteiligungsgesellschaft mbH
Gerhard Hahn has been appraising and brokering real estate in Bavaria and Southern Germany for more than three decades. His focus is on properties that are not publicly advertised, and on constellations where multiple owners need to find a common solution.
Buyers and sellers in Oberwiesenthal benefit from negotiation experience spanning over 30 years: Gerhard Hahn conducts discussions to close deals, not just to list properties. Personal appointments in Oberwiesenthal are an integral part of every mandate for Gerhard Hahn — no remote diagnosis, no templates.
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.
Owner-managed estate agency specialising in the Erzgebirgskreis district. Mario Junge offers comprehensive services for the sale, letting, and valuation of residential properties in Oberwiesenthal and the surrounding region.
Visit websiteLocal estate agent in the Erzgebirge region with a focus on residential properties. Ronny Fröhlich is active in Oberwiesenthal and the surrounding area, offering sales and letting services.
Professional estate agents with Dipl.-Immo (FH) qualifications. Thomas Hein and his team manage property transactions in Oberwiesenthal with a high proportion of sales.
Established estate agency with a large portfolio of listings in the region. Wohnungsbörse Erzgebirge GmbH specialises in residential properties in the Erzgebirgskreis district.
Estate agency partnership with a presence in Oberwiesenthal. Marco Steinmacher and partners broker residential properties in the Erzgebirge region.
Are you looking for a real estate agent not directly in Oberwiesenthal, but in the surrounding area? FREITAG® also serves the following municipalities in Saxony 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 Oberwiesenthal (Ø 2,650 €/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.
We clarify the development plan, development status, and suspected contamination in advance — this prevents price reductions during negotiations.
Third-party usability, remaining term of rental agreements, and tenant creditworthiness determine the price of your commercial property. We tailor the documents precisely to these factors.
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.
From defining the ancillary costs arrangement to the handover: We structure the letting of your house in such a way that no disputes arise later.
We calculate how much a registered right of residence (Wohnrecht) reduces the purchase price — and whether property annuity (Immobilienverrentung) is worthwhile for you compared to a traditional sale.
For inheritance disputes, divorce, banks or sales — a reliable valuation that stands up to scrutiny from third parties.
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
A report on real estate prices in Saxony's ski resorts explicitly names Oberwiesenthal as one of the locations with particularly sharp increases in house prices. According to the report, house prices there have risen significantly, and Oberwiesenthal remains one of the more affordable municipalities in the comparison of the ski resorts studied.
The project overview mentions a former project for Oberwiesenthal: the new construction of the SPA-World at the Elldus Resort. Even though the entry itself is an overview, it documents a real construction project with a connection to Oberwiesenthal in the hotel and wellness sector.
The traditional "Waldeck" sports lodge on the edge of the Fichtelberg forest is being renovated. According to the report, construction work began in the spring of 2024; the reopening under the new name "Basislager Fichtelberg" was planned for December 2024. The project includes comprehensive replanning, timber construction on the upper floor, and interior expansion.
The surveying office documents the project "Renovation and conversion of a sports hotel in Oberwiesenthal – Summit of Saxony". Mentioned are site and elevation plans, 3D laser scanning, floor plans, and precision staking; according to the reference, work ran from July 2021 to September 2023.
The city council decided to sell the old sports field below the train station to an investor from Hamburg. A supermarket with a parking garage is planned there, which is intended to redevelop the prime site. The article also mentions the standard land value and the urban planning significance of the project.
The report covers the hotelier couple in Oberwiesenthal who are creating space for the new "Villa Zirbe" project. Through the demolition of a building on Mühlenstraße, a new building with twelve apartments is to be constructed, which can be clearly classified as a real estate and development project.
The project page describes the further development of the "Summit of Saxony" in Kurort Oberwiesenthal. Mentioned are the step-by-step renovation of the historical part, additional apartments, a wellness area, and a shopping mall as part of the site development.
