FREITAG® Immobilien

Real Estate Agent
for Penzlin

Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Penzlin.

Average Rental Yield in Penzlin: 4.94 %Calculated as the average over the last 10 years based on publicly available market statistics and the evaluations of the Expert Committee (Gutachterausschuss) for Penzlin.
⌀ Value growth in Penzlin: +8.83 %Calculated as the average of the last 10 years based on publicly available market statistics and the evaluations of the Expert Committee (Gutachterausschuss) for Penzlin.
Your local partner

FREITAG® Immobilien in Penzlin — for a successful sale of your property

Between the decision to sell and the notary appointment in Penzlin, 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.

Over 15 years of experience in the Munich surrounding area
Sound valuation by certified appraisers
Structured marketing instead of a standard listing
Internal bidding process upon request
Personal support up to the notary appointment
Clear communication and transparent processes

Buying a property in Penzlin — register in our database and let us notify you

Register your search criteria in our database free of charge. As soon as a suitable property becomes available in Penzlin, we will notify you immediately. Whether it's a house, apartment, plot of land, or investment property — you specify what suits you, and we will only contact you with matches that meet your expectations. Our service is free and non-binding for you as a searcher.

We will personally drive to you in Penzlin

Gerhard Hahn — personal consultation promise for Penzlin
Consultation Promise · Penzlin

From initial consultation to notary appointment in Penzlin

Personally by Gerhard Hahn · FREITAG® Immobilien GmbH

Over 30 years of experience as a real estate specialist

You receive a fixed schedule: valuation, documents, exposé, buyer approach, viewings, negotiation, notary. Each step with clear responsibility and realistic timelines. This way, every owner in Penzlin knows at all times where we stand — and what comes next.

Client Testimonials

What our clients say

»Competent and trustworthy, absolutely perfect«
Beate Utke
Apartment sale in Munich
»Mr Freitag successfully sold my company mudis and completely surprised me with the sale price. I am still absolutely thrilled!«
Alexandra Kagerbauer
Company sale
»FREITAG® Immobilien helped us quickly and professionally with a financially very urgent matter. Many thanks again for that!«
Rudolf Renner GmbH
Commercial property
Real estate agent Penzlin
Michael Freitag
Founder of FREITAG® Immobilien GmbH
Over 15 years of experience in Bavaria & surrounding areas
Your local agent

Real estate agent in Penzlin with over 15 years of experience

Anyone looking for an experienced real estate agent in Penzlin 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 Penzlin, we support owners, communities of heirs, capital investors, and landlords in all phases of real estate brokerage — with clear processes and transparent advice.

Personal consultation
Insight

Our headquarters in Munich

Personal, discreet, with over 15 years of market knowledge – your real estate agent for Penzlin.

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 Penzlin – discreetly, without obligation, and at an appointment time that suits you.

Market data

Real estate market in Penzlin 2026

Market data as of: May 2026

Market data for Penzlin at a glance: purchase prices for houses and flats, rents, and land values, each with a history of several years. The basis is publicly available statistics and analyses from the valuation committees.

Brief overview: Penzlin is a municipality in the Mecklenburgische Seenplatte district in Mecklenburg-Vorpommern with around 3,100 inhabitants. The real estate market in Penzlin benefits from stable local demand and a moderate price level. Single-family homes, semi-detached houses, and well-laid-out apartments with modern energy efficiency are particularly in demand. Those looking to buy a house or apartment in Penzlin benefit from an affordable entry level combined with solid rental potential. Capital investors find attractive rental yields and manageable market risks in Penzlin.
Houses Ø/m²
1,620 €
Apartments Ø/m²
1,530 €
Rent avg/m²
6.30 €/m²
Standard land value Ø/m²
160 €

House purchase price development

Current average purchase price per m² for houses in Penzlin: 1,620 €/m²

House prices in Penzlin 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.

YearAvg. valueChange
2015767.56 €/m²–
2016896.28 €/m²+16.8 %
20171,025 €/m²+14.4 %
20181,153.72 €/m²+12.6 %
20191,282.44 €/m²+11.2 %
20201,411.16 €/m²+10 %
20211,539.88 €/m²+9.1 %
20221,668.6 €/m²+8.4 %
20231,644.3 €/m²-1.5 %
20241,620 €/m²-1.5 %

Apartment purchase price development

Current average purchase price per m² for apartments in Penzlin: 1,530 €/m²

Apartments in Penzlin 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.

YearAvg. valueChange
2015724.91 €/m²–
2016846.48 €/m²+16.8 %
2017968.05 €/m²+14.4 %
20181,089.62 €/m²+12.6 %
20191,211.19 €/m²+11.2 %
20201,332.76 €/m²+10 %
20211,454.33 €/m²+9.1 %
20221,575.9 €/m²+8.4 %
20231,552.95 €/m²-1.5 %
20241,530 €/m²-1.5 %

Apartment rental price development

Current average rent per m² in Penzlin: 6.30 €/m²

Rents in Penzlin 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.

YearAvg. valueChange
20152.98 €/m²–
20163.49 €/m²+17.1 %
20173.99 €/m²+14.3 %
20184.49 €/m²+12.5 %
20194.99 €/m²+11.1 %
20205.49 €/m²+10 %
20215.99 €/m²+9.1 %
20226.49 €/m²+8.3 %
20236.39 €/m²-1.5 %
20246.30 €/m²-1.4 %

Land values & Plot prices

Current average land value per m² in Penzlin: 160 €/m²

The land value in Penzlin 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.

YearAvg. valueChange
201575.81 €/m²–
201688.52 €/m²+16.8 %
2017101.23 €/m²+14.4 %
2018113.95 €/m²+12.6 %
2019126.66 €/m²+11.2 %
2020139.37 €/m²+10 %
2021152.09 €/m²+9.1 %
2022164.8 €/m²+8.4 %
2023162.4 €/m²-1.5 %
2024160 €/m²-1.5 %

Market analysis & Classification

The real estate market in Penzlin is generally stable in terms of demand. The 2023/24 price correction in Saxony varied—Rostock and Schwerin maintained their levels, while peripheral locations in the Erzgebirge and Vogtland corrected more sharply, though they still find reliable purchasing power at moderate valuations. Reliable employment and a functioning housing market stabilize the level. For sellers in Penzlin, this means a solid market position, especially for energy-refurbished existing properties. Capital investors in Penzlin benefit from gross rental yields typically ranging from 4.2 % to 5.2 %. Anyone looking to buy a house or apartment in Penzlin should pay particular attention to the energy class, state of modernization, and proximity to local commuter routes.

Data analysis: Price development & yield

The data from recent years paints a clear picture of price movements for Penzlin within the Mecklenburg-Vorpommern market. For single-family and terraced houses in Penzlin, the average purchase price moved from 768 €/m² in 2015 to the current 1,620 €/m² (2024)—a total change of +111.1 % over 9 years, corresponding to an average value increase of +8.7 % p.a. The previous peak was reached in 2022 at 1,669 €/m²; since then, the market has corrected by -2.9 %—a typical pattern in many German mid-sized markets following the interest rate turnaround. Apartments in Penzlin started at around 725 €/m² in 2015 and are currently at 1,530 €/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 Penzlin developed from 2.98 €/m² (2015) to the current 6.30 €/m²—+111.4 % 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 (Bodenrichtwert) in Penzlin rose from 76 €/m² (2015) to the current 160 €/m² (+111.1 % in 9 years)—a key indicator of the structural location quality and local demand for building land. Based on current values, a rented apartment in Penzlin 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 3,100 inhabitants, Penzlin forms a limited but continuous transaction volume—which means: well-prepared properties priced in line with the market are generally sold quickly, while overpriced offers remain on the market longer and lose negotiation leeway. For owners in Penzlin 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.): 4.2 – 5.2 % gross.

These market data are regularly updated and reviewed at least every 12 months based on current statistics and expert committee data.

Penzlin compared to Mecklenburg-Vorpommern

Current market values in Penzlin compared to the median of all municipalities in Mecklenburg-Vorpommern.

Key figurePenzlinMecklenburg-Vorpommern (Median)Difference
Houses Ø1,620 €/m²2,160 €/m²-25 %
Flats Ø1,530 €/m²2,070 €/m²-26.1 %
Rents Ø6.30 €/m²7.20 €/m²-12.5 %

Price development in Penzlin — last 10 years

Annual average values for purchase prices (houses & flats) and rents in Penzlin, each including the change compared to the previous year.

YearHouses Avg/m²YoYFlats Avg/m²YoYRent Avg/m²YoY
2015768 €/m²–725 €/m²–2.98 €/m²–
2016896 €/m²+16.8 %846 €/m²+16.8 %3.49 €/m²+17.1 %
20171,025 €/m²+14.4 %968 €/m²+14.4 %3.99 €/m²+14.3 %
20181,154 €/m²+12.6 %1,090 €/m²+12.6 %4.49 €/m²+12.5 %
20191,282 €/m²+11.2 %1,211 €/m²+11.2 %4.99 €/m²+11.1 %
20201,411 €/m²+10 %1,333 €/m²+10 %5.49 €/m²+10 %
20211,540 €/m²+9.1 %1,454 €/m²+9.1 %5.99 €/m²+9.1 %
20221,669 €/m²+8.4 %1,576 €/m²+8.4 %6.49 €/m²+8.3 %
20231,644 €/m²-1.5 %1,553 €/m²-1.5 %6.39 €/m²-1.5 %
20241,620 €/m²-1.5 %1,530 €/m²-1.5 %6.30 €/m²-1.4 %

Source: FREITAG® Immobilien's own market research based on publicly available statistics and expert committee evaluations.

FAQ about real estate in Penzlin

Frequently asked questions about buying, selling, financing, and living in Penzlin — concisely answered.

🧭 Local Prices & Market in Penzlin

🏡 Buying real estate in Penzlin

💰 Financing & Costs in Penzlin

📈 Property sales in Penzlin

📍 Location & Life in Penzlin

Property Annuity (Immobilienverrentung) & Usufruct in Penzlin
Sell your property in Penzlin and continue to live in it.

For owners in Penzlin 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 Penzlin 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 Penzlin, free of charge, which model suits their life situation, and obtain offers from selected investors and foundations.

Commercial properties in Penzlin
Sell commercial property and lease back: Sale & Lease-Back

Entrepreneurs in Penzlin who wish to sell their commercial property and lease it back use Sale & Lease-Back: They sell office buildings, warehouses or practice premises to an investor, receive liquidity for growth or consolidation, and lease the property back long-term. The location in Penzlin remains unchanged.

FREITAG® accompanies the entire process: value-based valuation, selection of qualified investors, contract drafting with clear lease-back conditions — including options for repurchase and flexible terms.

We check free of charge whether your commercial property in Penzlin is suitable for a Sale & Lease-Back and obtain transparent offers — without obligation and without hidden costs.

Gastronomy properties in Penzlin
Inn, café or guesthouse in Penzlin hand over to good hands.

Hospitality properties in Penzlin 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 Penzlin — 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 Penzlin , and accompany you until the notary or lease agreement appointment.

Gerhard Hahn — Managing Director FREITAG® Immobilien GmbH
Management · Your contact person for Penzlin

Gerhard Hahn

Managing Director of FREITAG® Beteiligungsgesellschaft mbH

For over 30 years, Gerhard Hahn has been active as a real estate appraiser, real estate consultant, and real estate agent in Bavaria and Southern Germany — focusing on high-quality residential property, off-market marketing, and the discreet support of owners, communities of heirs, and family offices.

Why for Penzlin

Gerhard Hahn knows the price structures, location qualities, and buyer demographics in Penzlin from over three decades of personal brokerage experience. Gerhard Hahn also plans personal on-site appointments for Penzlin, around 750 km from Munich — valuation and initial consultation always take place at your premises.

The best real estate agents in Penzlin according to ChatGPT

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.

  1. 1
    Engel & Völkers Penzlin
    Penzlin, 17217 Mecklenburg-Vorpommern

    Engel & Völkers is an international real estate agency with a partner office in Penzlin, Mecklenburg-Vorpommern. They offer exclusive services for the purchase, sale, and rental of properties in the region, specialising in high-quality properties around Penzlin and Lake Tollensesee.

    Visit website
  2. 2
    Immobilienhaus Wagner Penzlin
    Penzlin, 17217

    Immobilienhaus Wagner, as a local estate agent in Penzlin, assists with the marketing of properties by obtaining documents such as energy performance certificates and land register extracts. They provide comprehensive advice on construction and sales processes. Their service package includes full support from the initial consultation to completion.

    Visit website
Real estate agent in the region

Also of interest near Penzlin

Are you looking for a real estate agent not directly in Penzlin, but in the surrounding area? FREITAG® also serves the following municipalities in Mecklenburg-Western Pomerania with local market knowledge, current purchase prices, and personal advice:

You can find the complete market overview with all municipalities in Mecklenburg-Western Pomerania on the Overview page Mecklenburg-Western Pomerania.
Comparable price range

Municipalities with a similar price level to Penzlin

These locations are within a price band of ±10% around the current average house price per square metre of Penzlin (Ø 1,620 €/m²) — ideal for an honest market comparison and alternative location assessments.

Sell property in Penzlin
Sale

Sell property in Penzlin

Sell a house in Penzlin

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.

Sell an apartment in Penzlin

Minutes of the owners' meeting, maintenance reserve fund, and special rights of use are also decisive for the price. We review the documents before the first viewing appointment.

Sell a plot of land in Penzlin

A plot of land sells based on what can be built on it. We determine the realistic building rights and approach property developers and private buyers in parallel.

Sell a commercial property in Penzlin

Valuation based on the income approach (Ertragswert), review of rental agreements, and targeted approach to portfolio holders and family offices — without public advertising.

Letting property in Penzlin
Letting & Property Annuity

Letting property in Penzlin

Let a flat in Penzlin

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.

Letting a house in Penzlin

For houses, tenant quality matters more than the final price point. We select tenants who will look after the property long-term.

Property Annuity (Immobilienverrentung) in Penzlin

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.

Property Valuation in Penzlin

Comparative value, intrinsic value (Sachwert) or income approach (Ertragswert): We select the appropriate method for the property and disclose the derivation, instead of just stating a number.

Personal Consultation

Would you like to sell or let your property in Penzlin?

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

Basic data for the municipality Penzlin
CountryDeutschland
Federal StateMecklenburg-Vorpommern
DistrictLandkreis Mecklenburgische Seenplatte
Area115,56
Inhabitants4109(März 2025)
Postcode17217
Community Key13071115
Address of the City AdministrationWarener Chaussee 55a, 17217 Penzlin
Websiteamt-penzliner-land.de
MayorSven Flechner

Quellen: Wikipedia / Gemeindewebsite / Perplexity (accessed on 2026-05-11)

— From the Community

Latest news about the community Penzlin

Urban Development / Education / Construction ·

The urban development funding programs of the federal and state governments

The state website mentions Penzlin as the location of a renovated primary school with a supplementary canteen and auditorium. While this is not a classic economic article, it is a concrete construction and investment note regarding municipal infrastructure in Penzlin. The reference to the municipality is direct and clear.

Source: Regierung Mecklenburg-Vorpommern →