Investment: Climate Change: Which Properties Lose Value, Which Gain
Extreme weather can have serious consequences for property owners in the future. Which regions in Germany are particularly at risk and which properties are already suffering from it today.
A German homeowner, Manfred Goldstein, faces a potential loss on his 3000 square meter property near the Werre river, which he bought in 1997, as the city of Herford plans to rezone it as a green space due to flood risk. Climate change is increasingly affecting the real estate market, with rising temperatures, heatwaves, and floods posing risks to property values.
Experts warn that up to 68% of buildings in Germany may be exposed to high heat stress by 2050, with southern and central regions most affected. Initial price effects are already visible, with properties in high-risk areas experiencing value decreases, and energy-efficient homes commanding higher prices.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
