Over 15 years of experience in Munich, Bavaria & the surrounding area. Commission the best real estate agents for your property in Selb.
Selling a property is a far-reaching decision. As experienced real estate agents, we support owners in Selb with a clear structure, sound market knowledge, and a marketing strategy tailored to the specific property. Whether it's a house sale, apartment sale, land sale, or letting — we stand for clean processes and targeted mediation of your property.
Instead of searching portals daily, we reverse the process: you register your profile for Selb, 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
Firstly: an honest valuation of your property in Selb — 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 Selb 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 Selb, 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 Selb.
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 Selb – 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 Selb. The data is based on publicly available statistics and valuation committee analyses — as a basis for decision-making for owners, buyers, and investors.
Selb is a major district town and university town located in the Wunsiedel im Fichtelgebirge district, directly on the Czech border. Situated in northeast Bavaria, it lies close to Saxony and Thuringia, within the upper entrance area of the Fichtelgebirge mountains. Notable nearby peaks include the Kornberg, Wartberg, and Hengstberg, with the Selb river flowing through the town area. Selb is designated as a regional centre alongside the Czech town of Aš and hosts a university campus. This context provides property owners and buyers with diverse regional and cross-border opportunities within an established area.
Source for local facts: Wikipedia
Current average purchase price per m² for houses in Selb: 2,150 €/m²
House prices in Selb 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 | 1,420 €/m² | – |
| 2017 | 1,500 €/m² | +5.6 % |
| 2018 | 1,610 €/m² | +7.3 % |
| 2019 | 1,720 €/m² | +6.8 % |
| 2020 | 1,860 €/m² | +8.1 % |
| 2021 | 2,020 €/m² | +8.6 % |
| 2022 | 2,180 €/m² | +7.9 % |
| 2023 | 2,160 €/m² | -0.9 % |
| 2024 | 2,150 €/m² | -0.5 % |
Current average purchase price per m² for apartments in Selb: 1,780 €/m²
Apartments in Selb 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 | 1,050 €/m² | – |
| 2017 | 1,110 €/m² | +5.7 % |
| 2018 | 1,180 €/m² | +6.3 % |
| 2019 | 1,270 €/m² | +7.6 % |
| 2020 | 1,380 €/m² | +8.7 % |
| 2021 | 1,500 €/m² | +8.7 % |
| 2022 | 1,650 €/m² | +10 % |
| 2023 | 1,730 €/m² | +4.8 % |
| 2024 | 1,780 €/m² | +2.9 % |
Current average rent per m² in Selb: 7.20 €/m²
Rents in Selb 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 | 5.20 €/m² | – |
| 2017 | 5.40 €/m² | +3.8 % |
| 2018 | 5.65 €/m² | +4.6 % |
| 2019 | 5.90 €/m² | +4.4 % |
| 2020 | 6.15 €/m² | +4.2 % |
| 2021 | 6.40 €/m² | +4.1 % |
| 2022 | 6.70 €/m² | +4.7 % |
| 2023 | 6.95 €/m² | +3.7 % |
| 2024 | 7.20 €/m² | +3.6 % |
Current average land value per m² in Selb: 120 €/m²
The land value in Selb 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 | 72 €/m² | – |
| 2017 | 76 €/m² | +5.6 % |
| 2018 | 81 €/m² | +6.6 % |
| 2019 | 87 €/m² | +7.4 % |
| 2020 | 94 €/m² | +8 % |
| 2021 | 102 €/m² | +8.5 % |
| 2022 | 111 €/m² | +8.8 % |
| 2023 | 116 €/m² | +4.5 % |
| 2024 | 120 €/m² | +3.4 % |
The real estate market in Selb can be classified as a generally balanced to slightly buyer-friendly market. Demand exists, but it is not as tight as in the larger centres of Upper Franconia or the Munich metropolitan area. For sellers, this means that price expectations must remain realistic, especially for older houses in need of modernisation. Buyers, on the other hand, benefit from a comparatively wide selection and moderate entry prices. Property prices in Selb show that the market has recently stabilised after the strong increases of previous years. For apartments, demand is strongest for easily lettable, energy-efficient properties; houses are primarily sought by owner-occupiers who want to buy a house in Selb and live in it themselves in the long term. For capital investors, Selb is particularly interesting if the property is solidly lettable and does not pose high maintenance risks. Rental prices in Selb currently allow for gross rental yields in the range of approximately 4.0% to 5.5%, depending on the purchase price, location, condition, and rental level. For simple properties, the yield may be higher, but this also increases the risks of vacancy and renovation. Overall, the market suggests a cautious investment strategy focused on substance and location quality. Anyone who takes into account the price per square metre in Selb, the standard land value in Selb, and the local demand structure will find a manageable but well-calculable market with a long-term stable perspective.
A closer look at the last few years shows how the Selb real estate market has developed specifically within the Bavarian market with its strong links to Munich. For single-family and terraced houses in Selb, the average purchase price moved from 1,420 €/m² in 2016 to the current 2,150 €/m² (2024) — a total change of +51.4% over 8 years, which corresponds to an average value increase of +5.3% p.a. The previous peak was reached in 2022 at 2,180 €/m²; since then, the market has corrected by -1.4% — a typical pattern in many German medium-sized markets following the interest rate turnaround. Condominiums in Selb started at around 1,050 €/m² in 2016 and are now at 1,780 €/m² (+69.5% over 8 years, Ø +6.8% p.a.). This makes them suitable as an entry point into home ownership or as a capital investment with a manageable ticket size. The average net cold rent in Selb developed from 5.20 €/m² (2016) to the current 7.20 €/m² — +38.5% over 8 years or Ø +4.2% p.a. For landlords, the continuous rent increase ensures a predictable adjustment to inflation and operating costs. The standard land value in Selb rose from 72 €/m² (2016) to the current 120 €/m² (+66.7% in 8 years) — an essential indicator of the structural location quality and local demand for building land. Based on current values, a rented condominium in Selb 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 yields are 0.8 to 1.5 percentage points lower. With around 15,000 inhabitants, Selb forms a comparatively tight market segment — which means that well-priced, well-prepared properties are usually sold quickly, while overpriced offers stay on the market longer and lose negotiating room. For owners in Selb 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 property substance. FREITAG® provides this valuation free of charge and without obligation.
Rental yield range (approx.): 4 – 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 Selb compared to the median of all municipalities in Bayern.
| Key figure | Selb | Bayern (Median) | Difference |
|---|---|---|---|
| Houses Ø | 2,150 €/m² | 3,650 €/m² | -41.1 % |
| Flats Ø | 1,780 €/m² | 3,850 €/m² | -53.8 % |
| Rents Ø | 7.20 €/m² | 9.80 €/m² | -26.5 % |
Annual average values for purchase prices (houses & flats) and rents in Selb, each including the change compared to the previous year.
| Year | Houses Avg/m² | YoY | Flats Avg/m² | YoY | Rent Avg/m² | YoY |
|---|---|---|---|---|---|---|
| 2016 | 1,420 €/m² | – | 1,050 €/m² | – | 5.20 €/m² | – |
| 2017 | 1,500 €/m² | +5.6 % | 1,110 €/m² | +5.7 % | 5.40 €/m² | +3.8 % |
| 2018 | 1,610 €/m² | +7.3 % | 1,180 €/m² | +6.3 % | 5.65 €/m² | +4.6 % |
| 2019 | 1,720 €/m² | +6.8 % | 1,270 €/m² | +7.6 % | 5.90 €/m² | +4.4 % |
| 2020 | 1,860 €/m² | +8.1 % | 1,380 €/m² | +8.7 % | 6.15 €/m² | +4.2 % |
| 2021 | 2,020 €/m² | +8.6 % | 1,500 €/m² | +8.7 % | 6.40 €/m² | +4.1 % |
| 2022 | 2,180 €/m² | +7.9 % | 1,650 €/m² | +10 % | 6.70 €/m² | +4.7 % |
| 2023 | 2,160 €/m² | -0.9 % | 1,730 €/m² | +4.8 % | 6.95 €/m² | +3.7 % |
| 2024 | 2,150 €/m² | -0.5 % | 1,780 €/m² | +2.9 % | 7.20 €/m² | +3.6 % |
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 Selb — concisely answered.
Many owners in Selb are sitting on an asset that they cannot access because they do not want to give up their home. This is precisely whatProperty annuity (Immobilienverrentung) is for: The sale takes place, but the move-out does not. Depending on the model — Usufruct, Right of abode, Life annuity or Leaseback — the purchase price is paid as a lump sum, as a monthly annuity, or as a combination of both.
Security is crucial: The right of abode (Wohnrecht) is entered in the land register (Grundbuch) in the first rank, before the buyer is registered as the owner. We will calculate for your property in Selb how much the usufruct (Nießbrauch) value reduces the purchase price — and whether this is more profitable compared to a traditional sale.
We approach this with an open mind. If a normal sale with a subsequent move is economically better for you, we will tell you — instead of trying to sell a property annuity (Immobilienverrentung) model that doesn't suit your needs.
Entrepreneurs in Selb 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 Selb 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 Selb is suitable for a Sale & Lease-Back and obtain transparent offers — without obligation and without hidden costs.
Whether a country inn, city café, hotel garni, or boarding house with an annex — for hospitality and accommodation properties in Selb there is a specific, manageable circle of buyers. We have known and cultivated this circle for years, instead of advertising widely.
Often, leasing is the calmer path: you retain the property in Selb your portfolio, hand over operational management, and receive ongoing income. We check the concept and creditworthiness of the tenant before the contract is concluded.
If the property is vacant or no longer profitable to operate, we examine repurposing — for example, into residential space, a boarding house, or practice premises. What is Selb legally permissible under building law, we clarify before marketing.
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.
Especially in a location like Selb, discretion is crucial. For over 30 years, Gerhard Hahn has primarily marketed off-market — without signs, without portals, without unnecessary external exposure. Personal appointments in Selb 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.
Experienced estate agent with 35 years of professional experience, specialising in the purchase of residential properties in the Selb, Wunsiedel, Hof, and Tirschenreuth area. As an independent property consultant and sales manager, he provides personal support to clients with purchases, sales, and valuations. High client satisfaction with 9 recommendations and 685 expert points.
Visit websiteLocal estate agent in Selb, specialising in the brokerage, letting, and appraisal of properties in the districts of Hof, Wunsiedel, the northern Upper Palatinate, and Bayreuth. As an owner-managed office led by Devin Bodenberger, it offers expertise for the regional market. Active in Upper Franconia, the Upper Palatinate, and the Vogtland district.
Visit websiteOwner-managed estate agency in Selb with 36 years of experience, strongly rooted in the region and specialising in personal advice for owners, buyers, and investors. Supports property purchases and sales with clear processes in Selb, Hohenberg an der Eger, and Hof. Emphasises open communication and reliability in the local market.
Visit websiteEstate agent providing services in Selb for the sale of houses, apartments, and plots of land in the region. Partner for property transactions near the Czech border with a focus on local marketing. Reachable at +49 (0) 89 158 90 140 for prompt advice.
Visit websiteActive with property listings in Selb, such as building plots ideal for private homes near the Czech border. Specialising in the sale of land and residential properties in the region. Offers local market knowledge for buyers.
Visit websiteAre you looking for a real estate agent not directly in Selb, but in the surrounding area? FREITAG® also serves the following municipalities in Bavaria 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 Selb (Ø 2,150 €/m²) — ideal for an honest market comparison and alternative location assessments.
Selb is located in a border region — many of our clients compare locations across countries. These municipalities in neighbouring countries offer similar location qualities and are often the closest alternative:
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.
Whether rented or vacant: We assess which buyer group is realistic for your flat, and consistently align the exposé, price, and approach accordingly.
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.
Professional market placement, well-considered tenant selection, and legally sound documents for a smooth letting of your flat.
Detached houses, semi-detached houses, or terraced houses appeal to different target groups — we ensure the appropriate presentation and solvent tenants.
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
The city of Selb reports on the progress of the new construction project in the former Bürgerpark. Mentioned are sewer works, the start of concrete work, and the planned completion steps for commercial and residential units. Additionally, due to high demand, an extra floor with six additional apartments is planned.
In Selb, one of the larger construction projects of recent years is picking up speed: A new residential and commercial building is to be built on the former Bürgerpark. Plans include income-oriented apartments and a new city library, among other things. The article describes the start of the project and the finalized planning.
According to the report, the city of Selb is planning another residential building with a commercial unit; a construction start within the same year and several residential units are mentioned. The article thus directly addresses housing development and construction planning in Selb.
In Selb, a new building is described as sustainable, efficient, and barrier-free. The report points out that the planning is based on the current development plan and can be realized at short notice. The project clearly falls into the area of urban and construction development.
The SelbWERK project page documents the new construction of the building authority in Selb for the years 2020/2021. The project is a municipal construction project and is therefore relevant to local infrastructure and administration. The entry explicitly names Selb as the construction site and client.
For Selb, the new locker room wing at the Netzsch-Arena is introduced. The article describes the new building as a concrete investment in the location and infrastructure development of the city. The client, architecture, and planned construction time are mentioned.
The reference page describes a residential complex in the old town of Selb with 24 apartments for young families. The project was implemented in the period from 2014 to 2016 and shows a housing development already realized in Selb. It is one of the few clearly documented older hits with a direct local reference.
An article about the German real estate market uses Selb as an example for comparatively low purchase prices and vacancies. The reference to Selb is explicitly mentioned, but the article primarily deals with the general market situation. It is therefore only suitable as a marginal hit regarding real estate in Selb.
