Südervorstadt as an investment location for real estate
Urban residential quarter between the city center and the Philosophers' Quarter
Südervorstadt is a compact district of Bremen's Neustadt with an area of around 0.28 km² and around 5,100-5,200 inhabitants, which indicates a high density and continuous demand for living space. The district is located between Friedrich-Ebert-Straße and Meyerstraße, with Neuenlander Straße to the southwest and Neustadtscontrescarpe/Piepe to Alte Neustadt to the northeast - a location that offers short distances to the city center, the campus and the main supply points. The street grid is characterized by three parallel main axes: Kornstraße, Gastfeldstraße and Thedinghauser Straße, which structure the district and ensure good accessibility within the micro-location.
Building fabric, neighborhood profile and micro-location advantages
Südervorstadt is predominantly built up with classic Bremen houses and terraced houses from the period around 1880-1930; many streets are named after philosophers, which is why the area is also known as the "philosophers' quarter". Along Thedinghauser Straße and the adjoining axes, there are dense residential structures with local amenities, while four- to five-storey clinker blocks of flats were built south of Friedrich-Ebert-Straße in the 1930s, adding to a block structure that is atypical for Bremen. The location is adjacent to highly sought-after districts such as Alte Neustadt, Hohentor, Gartenstadt-Süd and Buntentor, which means that frequency, public transport connections and the quality of everyday life in the neighborhood are conducive to investment.
Investment theses: Core, value-add and ESG leverage
Refurbished properties in quiet side streets near Korn-/Gastfeld-/Thedinghauser Strasse with stable re-letting potential and a broad target group of city employees, students and families, supported by the strong population base of Neustadt as a whole, are suitable for core strategies. Value-add potential lies in the energy-efficient modernization and floor plan optimization of old buildings and 1930s properties as well as in the targeted repositioning of first floor areas on the main axes. Clearly defined planning boundaries and the connection to neighboring axes in the Neustadt that are close to the development site facilitate micro-location-sensitive strategies, while the dense location close to the city center forms a solid foundation for sustainable cash flows and exit-capable ESG upgrades.
Standard land values for Südervorstadt
The standard land values for Südervorstadt can be found in the standard land values for Bremen here.