Property Prices Ottensen 2026
Price per m² (median)
€8,203/ m²
- Range €7,395 – €8,588
- Typical price: €579,000 (for 73 m²)
From active listings
In Ottensen, apartments are currently offered at a median €8,203 per m²; the middle half of listings lies between €7,395 and €8,588. A typical flat of 73 m² costs €579,000. Newly let flats ask €22.11 per m² in cold rent, for a gross rental yield of 3.2% or a price-to-rent multiple of 30.9.
As of November 3, 2026
- Cold rent per m²
- €22.11
- Gross rental yield
- 3.2%
- Price-to-rent multiple
- 30.9
- Listings
- 54
- 21 new in 30 days
How Ottensen compares
At €8,203 per m², Ottensen ranks 58 of 70 districts in Hamburg, counted from the cheapest. That is 23% more than the Hamburg median (€6,695).
What does buying a typical flat in Ottensen cost?
Example for a flat at the median price of €579,000, using the standard assumptions of our analysis.
| Purchase price | €579,000 |
|---|---|
| Property transfer tax Hamburg (5.5%) | €31,845 |
| Notary (1.0%) | €5,790 |
| Land registry (0.5%) | €2,895 |
| Broker (3.57%) | €20,670 |
| Total closing costs | €61,200 |
| Equity (20 % plus closing costs) | €177,000 |
| Loan | €463,200 |
| Monthly payment (3.5% interest, 30 years) | €2,080 |
| Cold rent at 73 m² | €1,622 |
| Surplus before running costs | -€458 |
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 Ottensen?
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 Ottensen, as of November 3, 2026.
Terms and method
The glossary explains the terms; the methodology shows how the figures are built.
What does an apartment in Ottensen cost?
A median €8,203 per m²; a typical flat of 73 m² is offered for €579,000. The middle half of listings lies between €7,395 and €8,588 per m².
What is the rental yield in Ottensen?
The gross rental yield is 3.2% and the price-to-rent multiple 30.9: a flat costs as much as 30.9 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 Ottensen, recomputed daily. No individual listing is shown.
How high are the closing costs in Ottensen?
A typical flat at the median price of €579,000 comes with about €61,200 in closing costs: €31,845 property transfer tax (5.5% in Hamburg), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €177,000 of equity.