Think of Germany's most expensive street and a sophisticated boulevard in Berlin, Munich or Hamburg may spring to mind. However, the country's priciest thoroughfare is Hobokenweg, located in the village of Kampen on the picturesque island of Sylt.

Renowned for its charming thatched cottages, sea views and peaceful position, property prices on Hobokenweg reportedly range between £3,200 (€3.7k/$4k) and £4,000 (€4.6k/$5k) per square foot as of May 2021, according to a local realtor. In comparison, the average price of a house in Germany in 2022 was around £223 (€260/$284) per square foot.

Homes on the extraordinary street are typically 3,200 to 5,400 square feet – something not typically found elsewhere on the island – and they rarely come onto the market. When they do, their scarcity means they regularly fetch double-digit millions. The most expensive thatched roof villa in the area reportedly cost over £25.8 million (€30m/$32.8m) and is said to be owned by a German IT entrepreneur.

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