Real Estate in Germany
Why you should invest in German property now?
Germany, Europe’s largest economy, haven’t benefited from the world’s property boom. Apartments in Berlin can be bought for a tenth of the price of similar properties in London. Property prices in East German cities such as Berlin, Dresden and Leipzig are up to 30% lower than the rest of the country, but the prices are set to rise as the German government starts to liberalise the mortgage market.
The real estate transaction can be tough for foreigners. People looking to buy property in Germany, whether for a primary residence or as an investment, need an advocate dedicated solely to their interests to successfully navigate the ins and outs.