Interest in the German Property Market on the rise

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German Property is a new market for most overseas investors and it will take time for it to develop to the level of other markets in terms of demand. Growth is starting in cities such as Berlin now that unemployment is beginning to drop and interest in home ownership is beginning to increase. Under 40% of Germans own their own homes compared with around 80% in the UK and Ireland. In Berlin this figure is just 14%

German Property is a new market for most overseas investors and it will take time for it to develop to the level of other markets in terms of demand. Growth is starting in cities such as Berlin now that unemployment is beginning to drop and interest in home ownership is beginning to increase. Under 40% of Germans own their own homes compared with around 80% in the UK and Ireland. In Berlin this figure is just 14%. When the German Property market awakens to the opportunity of property investment with low interest rates and their economy starts to recover again we are expecting to see significant price rises over the next 5-7 years from a very low starting point today. For example prices in Berlin, one of Europe’s major cities, are at €1,000 – €3,000 per square metre in many excellent areas compared to prices of €10,000+ per square metre in Paris, London and other major capital cities.
GermanPropertyStore.com is a website which focuses on German Property alone. In this way they can offer a simple more streamlined service than other agents while getting straight to the partners on the ground. These factors combine to allow for a better deal for their investors.