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Germany · EUR

Hamburgreal estate

Hamburg is Germany’s second city and a port-driven housing market on the Elbe — typically dearer than Berlin, cheaper than Munich, with waterfront premiums in HafenCity and Blankenese.

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Street-verified new-builds
Notary & Grundbuch
3D map
New-builds

New-builds in Hamburg, tracked to the address

Every project is street-verified against official developer sources — house number, quarter, units, completion. Prices in EUR per m² where published.

SAGA Horn — SAGA render

Hamburg

SAGA Horn

On request

Horn, 22119 Hamburg

220 units · 80% built 2026 Q4

Developer: SAGA

HafenCity — ECE Group render

HafenCity

HafenCity

On request

Überseequartier, 20457 Hamburg, HafenCity

6,000 units · 75% built 2030 Q4

Developer: ECE Group

Cities

82 cities, each with its own transfer tax

Grunderwerbsteuer is state law — the same apartment costs a different surcharge in Munich and Cologne. Every city carries buy and rent anchors plus its local rate.

Homes near U-Bahn & S-Bahn — every Berlin station with a listings radar.Station directory
What a purchase really costs

€500,000 apartment in Hamburg

Transfer tax (Grunderwerbsteuer 5.5%)
€27,500
Notary (≈1.5%)
€7,500
Land register (Grundbuch ≈0.5%)
€2,500
Buyer agent share (3.57% incl. VAT)
€17,850
Cash needed at notary
€555,350

≈ +11.1% over the price. Provisionsfrei (no-agent) listings drop the Makler line. The notary reads the contract aloud before signature — German law, not a formality.

Rentals run on rules

The rent side, in three lines

  • Deposits cap at three months’ cold rent (§551 BGB) and must sit on a separate savings account.
  • Mietpreisbremse caps new leases above local comparative rent in tight areas; Berlin’s Mietspiegel sets the benchmark.
  • Modernization may be passed on at 8% of cost per year (§559 BGB) — check the Anpassung history before you underwrite.

Qualitative anchors only — live numbers come from the official city Mietspiegel, never a hardcoded table.

Developers

The builders behind the pipeline

Municipal landlords, premium Bauträger and boutique owner-run developers — tracked from Handelsregister to handover.

SAGA

Hamburg · 100 yrs · 137,000 units delivered

SAGA Unternehmensgruppe is Hamburg’s municipal landlord (~137,000 units). The city’s affordable-rental core plus new-build in every district.

Official site

ten brinke

Hamburg · 45 yrs · 8,000 units delivered

ten brinke is a German-Dutch project developer (Vreden, since 1977). In Berlin it is building 444 rentals in Marzahn-Mitte together with Greystar.

Official site

ECE Group

Hamburg · 61 yrs · 5,000 units delivered

ECE Group (Otto family) is Europe's leading shopping-centre developer and manager out of Hamburg (Alstertal, Überseequartier in HafenCity) plus residential and office projects.

Official site

Demand comes from the port, media and aerospace employers. Families often look at Eimsbüttel and Wandsbek; water views price like a different city.

The legal path is the German standard: notary, Grundbuch, Land transfer tax. sivrce will list Hamburg after Berlin inventory, not before.

FAQ

Is Hamburg more expensive than Berlin?
Generally yes on a per-square-metre basis, still below Munich. Waterfront and HafenCity sit at the top of the local range.
Can foreigners buy in Hamburg?
Yes — same notarial process as the rest of Germany.

All markets: sivrce.com · Georgia marketplace: sivrce.ge · Prices and availability are published only when a verified listing exists. Market currency: EUR.