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Old 12-09-2008, 09:57 PM
teepeeseller teepeeseller is offline
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Join Date: Jul 2007
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Quote:
Originally Posted by legrandnez View Post
I'm not a investore or developper, just i would like to buy something decent to live in and call it home.
And on immoscout24 they are a lot of decent (in the range of 30k) property to live in
Many thanks Rambo for your reply.
Also any advice for that range price property??

Many thanks.
The location of the property could lead to a huge variation in these areas.
A house close to Leipzig or Dresden for example or on the main road/rail links would cost more than the equivalent property in the Erzegebirg area. It is a beautiful area and more and more people are being drawn to the area.

Plattenbau is normally only found in apartments. As a general rule of thumb treat everything built between 1946 and 1989 with caution.
Be aware many of these building may have asbestos.
You should have a survey done.
There may be sanitation problems with the cheaper properties.
Having said all this there are habitable properties in these states for less than 50k. Mecklenburg-pomerania is generally cheaper still.
The younger population is still leaving the area for the more affluent west and work.
This is the main reason for the cheap prices.
Visit the area first to be absolutely sure you wish to live there. Just because property is cheap is not a good enough reason to move to any area.

I will be living in the Dresden area on retirement and my business partner (English) will also be living near the city. He previously lived in Northern France.

You can expect to need approx 10% in various charges. Finding finance is not easy but possible.
I hope some of this helps.
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