Why buy property in Germany?

[Goldberg Global]

Why would someone buy in Germany?

[infoberlin]

well, there are tons of reasons why to invest - and of course a few why not - but you have that in all locations of the world.

Taking into account that you can get the same m2 price in Germany than in Bulgaria or Romania, I think it´s obvious that there´s still plenty of room for price improvements - even after the last runup.

Happy investing and remember.
CASH IS KING

[ady1231]

Originally Posted by infoberlin

well, there are tons of reasons why to invest - and of course a few why not - but you have that in all locations of the world.

Taking into account that you can get the same m2 price in Germany than in Bulgaria or Romania, I think it´s obvious that there´s still plenty of room for price improvements - even after the last runup.

Happy investing and remember.
CASH IS KING

Hey;

You are right, they are now priced at a level close to the levels seen in Romania, One Important difference, Romania WILL rise 20-30%/Annum and Germany will be kept on hold, Property there never goes up, look at the prices history

Its a very safe investment, if you want the 4%yield, Banks there dont trust the market, thats why u have to put at least 40% of the total price!

Cheers

[MunichBuyer]

According to latest Buy Munich Property (and Die Welt newspaper), there is interesting growth in some German areas... This, whilst US, UK, Ireland, Spain are suffering real estate troubles. If you're looking for a safe haven with a seemingly stable currency, Germany looks a very safe pair of hands, which also offers some growth opportunity.

Staying with the premium end of the market in Munich,
real estate prices are still rising. According to a recent
report in the German newspaper Die Welt, a 100m2
apartment in the sought-after Maximilianstraße in the
centre of Munich would have cost €1.2Million at the
beginning of this year, but, in the meantime has gone up
16% in value and such a flat now costs €1.4Million. Also,
going down the scale slightly, prices for detached houses
in Munich have increased by 8% so far this year.

[medseA]

unlike less developed countries, property in germany don't profit people much in real estate, banks or mortgage... don't expect a 30% yeild. The tax system is also high otherwise it wouldn't be a developed country

[Goldberg Global]

I saw today in real terms germany actually had negative growth across the country, at -0.2% growth, the yields are ok though.

[deutschinvest]

Originally Posted by MunichBuyer

According to latest Buy Munich Property (and Die Welt newspaper), there is interesting growth in some German areas... This, whilst US, UK, Ireland, Spain are suffering real estate troubles. If you're looking for a safe haven with a seemingly stable currency, Germany looks a very safe pair of hands, which also offers some growth opportunity.

I just noticed that Buy Munich Property has changed name to Invest German Property and is now providing analysis and information about the whole of the German property investment scene across the entire country, although with a specific focus on Berlin currently. I found them a really good value source of knowledge and am looking forward to seeing what Michael Parker has got to write about Berlin rather than just Munich. Germany is a very attractive place in which to buy property, especially with the UK market stagnating at best if not about to fall off the cliff. German house prices are still showing an upward trend, and I'm certainly keen to continue extending my portfolio there, even if it's only a hedge against future rampant inflation.

[teepeeseller]

I believe the original heading of this thread was "Why buy in Germany" A simple question with an equally simple answer. It just does not make financial sense to ignore Germany.
No projections/analyses/graphs/tables/agency double talk/hype. Just common sense - get on a plane, get off the plane walk around the cities, feel the vibrancy and the buzz, sample the lifestyle, look at the infrastructure - impressed. Then go and look in the estate agents windows. The price you see is not the deposit BTW - it really is the price.
Source some financing. You are now about 75% of the way along the journey. DO NOT lose sight of the fact it has taken you a long time to earn the money you are about to spend, DO NOT leave your brain in Gatwick departure lounge.
Now is the time to get analytical - seek comfortingly impartial advice, decide on whether to act on that advice and then - just do it.
Here endeth the lesson.

[neustria]

Recent economic news out of Germany gves reason to be guardedly optimistic, despite the global economic turndown so evident elsewhere, which seems in fact to be accelerating. Should European and US property prices go into a prolonged tailspin, those invested in this country will most certainly fare better than most. Not having seen much real upside appreciation, the downside danger here in a globally slowing conjuncture appears to be quite slight.
So... if you are going to invest in real estate anywhere, Germany is certainly a priority place to consider.

Neustria

[Liam Bailey]

Of the established markets my money would go into Berlin everytime. Prices range from very low- to low depending on what borough and what locality you buy in. And contrary to what i am reading on thsi thread, prices are rising steadily, as head of International Research for David Stanley Redfern Ltd, I have been watching them grow.

There are no off-plan units, and there is a shortage of housing. Demand for good rented accomodation far outweighs the supply, and the population is growing, so with no new development, the situation is only going to get worse, which equals better for property investors.

Okay, yields aren't spectacular, and it is hard to raise rental rates so yields tend to drop. But on the other hand the rental will be residential, and will probably start at around 8% before dropping. As has been said on this thread, Berlin is one of the best places in the world to make a long term property investment.