Hello Julia,
As in any market, opinions vary as to what best to do. To get a feel for what might suit you best, this forum is a good place to begin. Just look at the posts here and then follow up what appears good to you. Finally you can make a couple of more specific queries to people here to refine your options.
Some think that Germany offers good opportunity whereas others point to the fact that real estate in this country, excepting a couple of specific micro markets (certain areas of Berlin, the city of Munich) has a recent history of not doing much while neighbouring markets enjoyed good gains.
The amount of money that you have to invest is not sufficent to gain access to many properties, and this would necessarily point you towards the cheaper markets in former East Germany. High unemployment in these areas makes the property cheap, but also makes rental problematic.
Finally there is the question of the global economic problems which, having started in the US, have now begun affecting the European economies. Until there is better visibility, some (including myself) believe that it might be better to hold off a bit before committing.
I hope that this helps.
Neustria
Last edited by neustria; 05-06-2008 at 10:11 PM.
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