What to buy in Germany as a young married couple??
Hi to everyone,
I am a German citizen (21) living in New Zealand with my Kiwi husband (24). We have around EUR 60,000 to spend on a investment property in Germany. We are both working but we have a terrible tax statement history through self-employment and various rental properties in NZ from the past two years. We sold most of our properties now and have returned to a 'normal' job and want to invest some of our money. We own two houses currently with each around NZD 100,000 (around EUR 50,000) equity and have no savings history whatsoever!
How big/small are our chances of getting a (50%) mortgage in Germany?
What area would you most advise? We are looking at small apartments in Frankfurt or Leipzig to rent out.
Or do you think our money would be best somewhere totally different?
When I left Germany after school I had no idea of the property market in Germany and now I am an expert in Kiwiland but don't know much about Germany.
I hope someone can help us as we are planning to go to Germany quite soon to look at different locations, properties etc....
Thank you very much,
Julia
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