Germany, an exciting solid market
The German economy has been stuck for over 10 years, being the property market one of its victim. From 1994 until 2004 the property prices have been falling in major big cities in Germany, however, predictions claim that Germany is experiencing its first upswing in the indication of the globalization. Foreign investors have realised that property prices are very much below apartment prices of capitals in Eastern Europe and therefore have already been attracted to Germany’s major cities, Berlin, Frankfurt, Dresden, etc … Another popular option is buying apartments and offer them later as holiday apartments, a common way to travel and spend holidays in Germany.
The prospects for German real estates are exceptionally good, as property purchase prices are very attractive, rents are moving upward, property prices are raising, there is a great capital growth potential, high investment returns in holiday apartments and many estate agents offering apartments for sale; all these arguments together with the strong, solid and improving economy lure international investors to buy in Germany.
The German market is growing, while financing expenses on low level remain. The real estate compass shows, that it is worth now to invest in Germany. Rises in apartment prices are predicted. Current apartment and property prices in Berlin are very attractive, one can find a two bedroom apartment of 60 m² for 80.000€. Real Estate and property in Germany is within an expanding market, tourism is growing again as the cultural offer is enormous, cheap flights to major cities are increasing and also Germany holds the fifth largest economy in the world.
Another important key factor of why to buy property in Germany is that it is a democratic and stable country with a legal system that ensures the protection of the rights of individuals.
The security of the investment, the demand for rental accommodation, for holiday apartments, the low property prices for a key European country and capital, the secure bank guarantees, the large population, and the massive investment of the biggest western firms as Goldman Sachs, Soros and Blackstone and many others have renewed the confidence in German Real Estate.
