Residential properties with an inefficient energy balance are becoming increasingly unattractive on the market and are recording rising price discounts. This is according to an analysis by JLL for the first quarter of 2023. The asking prices for apartment buildings in the worst energy classes G and H are on average around 28% lower than those in the best energy classes (A/A+). In comparison, the difference in the previous year was only 21.6 percent.
According to JLL Germany, energy efficiency is becoming increasingly important for investors, particularly in the context of rising energy prices and political discussions about the future sustainability of energy-inefficient buildings. Lower rental income and the ongoing political debate are leading to falling demand and thus to lower prices for properties with poorer energy efficiency.
The study forecasts a lasting trend towards greater price differentiation according to energy efficiency. JLL Germany attributes this trend to the relevance of the building sector for achieving climate targets and the persistently high construction costs.
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