Buying a Period Flat in Rostock

Looking for metropolitan flair directly on the Baltic seaboard? In Rostock, you will find all the amenities of urban living and plenty of maritime flair while the seaside resort of Warnemünde is an integral part of this city. With its location by the sea, Rostock is not only a popular travel destination. In its own special way, it also combines liveability and a holiday ambience, even for its residents.

With its population of around 208,000 residents, half of which are below the age of 44, Rostock is the most populous city in Mecklenburg-West Pomerania. It also looks back on a history of roughly 800 years. Since it has a long tradition of being a campus town, Rostock added the title “University City” to its name in 2016. As well it might, because the University of Rostock was set up in 1419, making it the oldest university in the Baltic region. Well-known figures enrolled in it include Germany’s former president, Joachim Gauck.

 

Buying a Period Flat in Rostock – an Investment in Liveability

Rostock offers not just liveability, but is also an important business location, being the largest city in the state of Mecklenburg-West Pomerania. Most recently, the Hanseatic city registered an inflow of more than 11,000 new residents.

Between now and 2030, the forecasts made by the state government project a demographic growth by 7.8 percent for Rostock. The growth in population coincides with an economic boom. Innovative, outperforming sectors active here include biotechnology, medical and information technology, aerospace technology, maritime technologies and renewable energies. Another key component of the economic structure is, of course, the tourist industry. Hanse Sail, a major event known across the state and beyond, attracted half a million visitors in 2018. 

But Rostock is also gaining in popularity among visitors any other time of year. One of the attractions is the city’s zoo, the largest of its kind in the state of Mecklenburg-West Pomerania. In 2018, it attracted around 650,000 visitors and is now celebrating a special anniversary: Established in 1899, Rostock’s zoo looks back on a 120-year history during which it grew to a present stock of 4,000 animals representing 430 species from all over the world.

For the tourist sector in general, recent years have been rather auspicious. By year-end 2017, the tourist industry registered 1,996,539 overnight stays and thus an increase by 1.5 percent. The number of inbound tourists also went up by 2.1 percent, totalling 774,927. Overnight stays by foreign guests also showed an upward trend at 138,736 and a increase by 0.7 percent. Overall, Rostock has continuously reported growth figures since 2010 and continues to count among the fast-growing destinations in Mecklenburg-West Pomerania.

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