Germany
THE words "Germany", "property" and "buying opportunity" have not often been uttered in the same breath in recent years — and, for understandable reasons. Property prices in the country have been out of sync with those elsewhere in Europe for some time, and have been static or even falling since the late 1990s. Indeed, they are still barely above the levels of the beginning of the last decade. Things are changing, however, and Berlin, in particular, is becoming increasingly popular for foreign property investment. There is a tradition of long-term renting in the capital, where only 11% of the population are owner occupiers. This has helped keep purchase prices extremely low, while running yields can reach 7-8%. With financing costs low, this means Berlin property is a great investment, especially if you are looking for income. There are signs, too, that the German economy is picking up, which should mean capital gains. Growing numbers of foreign investors are moving in, though, pushing prices up and yields down.
If you want to know more, you’ve got to buy the book…
Useful Links
Berlin.de (Official city web site)
Deutsche Bank property market research
easyJet
Ryanair
Agents
Adhoc Immobilien Service
Berlin Capital
Berlin Capital Investments
Berlin Invest
Berlin Residential
Buy Berlin
German Property Centre
Germany Property Finder
Globis
Immobilienscout
Nordstadt
Norenva
City Makler Dresden
Top Immobilien
Winters & Hirsch

