Kiel as an investment location for real estate
248,873 inhabitants (31.12.2023) and state capital in the 250k segment - robust demand base
Kiel has an official population of 248,873 as at 31.12.2023, confirming a stable 250k tenant base, which is supported by positive net migration despite a negative natural balance. A current urban projection outlines growth scenarios of 254,700-267,300 inhabitants by 2033 (depending on the housing construction path), which supports the medium-term market size and absorption capacity in central and near-axis locations. In the state context, Kiel is the largest city in Schleswig-Holstein, which underlines its role as an administrative, university and service center with regional demand buffers.
Accessibility and public transport: KVG city bus, fjord ferries (SFK) and SH tariff as a lever for letting
The city awards the transport service directly to KVG (contract period 2021-2030) and controls the service, quality and infrastructure via the 6th Regional Local Transport Plan 2023-2027-a clear framework for reliable frequencies, network maintenance and barrier-free nodes. In addition, the Kiel tugboat and ferry company offers two public transport routes in the municipal public transport system, linking riverside locations and campus/city center axes with high visibility and convenience. Kiel is integrated into the state-wide SH tariff and the NAH.SH networks; digital information and tariff updates (e.g. 2025 adjustments) increase everyday usability and support re-letting in micro-locations close to public transport.
Urban development and investment theses: INSEK/inner city concepts, core in public transport corridors, value-add via ESG
The integrated urban development concept (INSEKK) of the state capital forms the strategic framework for inner city development, mixed use and key projects; it defines spatial priorities and serves as a basis for future-oriented investments. An integrated development concept with a mission statement, measures and participation was drawn up for the city centre, which prioritizes revitalization, residential function and fostering connections - an operational anchor for EC activation, repositioning and climate adaptation in 1A/1B locations. Investment model: Core in refurbished, public transport-strong stock along KVG/Förde corridors for low fluctuation and predictable cash flows; value-add via energy modernization (insulation, windows, efficient heating/PV) and floor plan/EC optimization within the INSEK/inner city guidelines - supported by the 250k demand base, the binding public transport framework (2023-2027) and the nationwide integrated tariff/network structure.
Standard land values for Kiel
The standard land values for Kiel can be found in the standard land values for Schleswig-Holstein here.