Property Prices Niendorf 2026

Price per m² (median)

€5,346/ m²

  • Range €4,459 – €6,550
  • Typical price: €398,500 (for 69 m²)

From active listings

In Niendorf, apartments are currently offered at a median €5,346 per m²; the middle half of listings lies between €4,459 and €6,550. A typical flat of 69 m² costs €398,500. Newly let flats ask €18.08 per m² in cold rent, for a gross rental yield of 4.1% or a price-to-rent multiple of 24.6.

As of November 2, 2026

Cold rent per m²
€18.08
Gross rental yield
4.1%
Price-to-rent multiple
24.6
Listings
70
36 new in 30 days
Days on market (median)
15
Listings with a price cut
7%

How Niendorf compares

At €5,346 per m², Niendorf ranks 27 of 70 districts in Hamburg, counted from the cheapest. That is 20% less than the Hamburg median (€6,695). Flats are off the market after a median 15 days; supply is tight.

What does buying a typical flat in Niendorf cost?

Example for a flat at the median price of €398,500, using the standard assumptions of our analysis.

Purchase price€398,500
Property transfer tax Hamburg (5.5%)€21,918
Notary (1.0%)€3,985
Land registry (0.5%)€1,993
Broker (3.57%)€14,226
Total closing costs€42,121
Equity (20 % plus closing costs)€121,821
Loan€318,800
Monthly payment (3.5% interest, 30 years)€1,432
Cold rent at 69 m²€1,248
Surplus before running costs-€184

Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.

Medians of asking prices and asking rents of publicly listed apartments, recomputed daily. Asking prices are not sale prices and not a valuation under § 194 BauGB; actual sale prices can differ.

Looking at a flat in Niendorf?

Work through price, financing, costs and taxes to see what is left at the end.

Frequently Asked Questions

The answers come from current listings of apartments for sale in Niendorf, as of November 2, 2026.

Terms and method

The glossary explains the terms; the methodology shows how the figures are built.

GlossaryMethodology

What does an apartment in Niendorf cost?

A median €5,346 per m²; a typical flat of 69 m² is offered for €398,500. The middle half of listings lies between €4,459 and €6,550 per m².

What is the rental yield in Niendorf?

The gross rental yield is 4.1% and the price-to-rent multiple 24.6: a flat costs as much as 24.6 years of cold rent. After costs and financing less remains; an analysis works that out for a specific flat.

Where do the figures come from?

From aggregated asking prices and rents of publicly listed apartments in Niendorf, recomputed daily. No individual listing is shown.

How high are the closing costs in Niendorf?

A typical flat at the median price of €398,500 comes with about €42,121 in closing costs: €21,918 property transfer tax (5.5% in Hamburg), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €121,821 of equity.

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