Commercial real estate of Germany: pluses and minuses of acquisition
Real estate acquisition and opening of the matter in Europe, today quite popular and courageous decision. And having studied previously all its pluses and minuses, it is possible to be convinced that it also correct. On the way to success and financial wellbeing it is important to consider possible prospects in time and to see the new wide horizons.
In this article we will consider the possibilities of Germany as the countries for investment into the real estate, and we will begin with living conditions in the country in general to understand an overall picture of its attractiveness.
Despite congenital restraint of Germans, people there very positive, sociable and sympathetic. Here very seldom the rudeness and roughness meets. Always are ready to help you sincerely. In any place you will meet smiles and affability.
The standard of living in the country in general and at the elderly population is worthy the highest assessment. The German pensions give the chance to their recipients not just not to think of a piece of bread tomorrow, but to eat decently in cafe and restaurants and to travel regularly. In this country think of children too and care. The child allowance is paid not few years after the delivery, and before achievement of 18 years by the child and if the child continues to study – up to 25. The amount of a benefit depends on what child and grows every year in family. Therefore mothers having many children have all opportunities for life without work, with sufficient providing.
The emigrants having residence permit also receive benefit which is quite enough for normal life.
Food in Germany some of the cheapest in Europe and besides very qualitative. Integrity of the German checking is known around the world. In the German villages the standard of living is better, than at us in some cities: there are all communications, necessary for convenience.
Infrastructure in the country is also perfectly developed. In any, even the smallest village it is possible to reach without effort by bus which run strictly to timetable. Roads here, by the way, too very good.
Important factor for life in the country is medicine level. In Germany it is very high. Medicine free completely for all inhabitants having an insurance. And even the unemployed are insured here.
Education in Germany too free. Here you will not face a whip-round for repair or the additional equipment of classes. And the higher education is in most cases provided free of charge here.
Having weighed all pros and cons of residence and business in the European countries, potential investors in a commercial real estate from the CIS countries make the choice for benefit of Germany more often.
For these and many other reasons for those who think of creation of own profitable business which is not demanding constant control and participation from the owner follows as an object for the investments to consider the real estate in Germany.
However, as in any other business, here too there are pluses and minuses.
Let's begin with advantages which are got by the investor, purchasing the real estate abroad, in particular in Germany.
The main positive moment of purchase of a commercial real estate in Germany is permanent stability of the market. By estimates of specialists from the whole eurozone Germany shows in this sphere stable growth, despite an economic shake-up of the whole world.
The second important point for decision-making purchasing the real estate in Germany, is degree of transparency of business. Here you can be absolutely sure what will not smother you tax, officials will not demand bribes, there will be no sudden checks. Many businessmen seeking to create for themselves quiet, safe and fair business "on white" call this factor decisive in decision-making.
The third allocated plus it is possible to call reliability of investments. Really, if with an entrepreneurship for any reasons it is not taken, you will be able with good benefit always to sell an object, and anyway will remain in a prize.
The fourth factor influencing the choice of investors the big and constantly renewed range of the objects various offered for investment on type, cost and placement is considered. It can be a various commercial real estate, for example hotel in Germany or residential: apartments and houses in Germany. Depending on the volume of expected investments you can choose a suitable object, with the suitable purpose of use and the most profitable payback period of investments. Besides, the land is most often sold together with the real estate, and restrictions on sale of farmlands and forest plots are absent.
The fifth can call loyalty of the German government to foreign investors and simplicity of documentary execution of transactions. For signing of the contract you need the passport and the account in one of German banks. The transaction is registered quickly enough through the notary.
The sixth should allocate a possibility of business management on a commercial real estate practically without personal presence. In the country there is enough the companies which for quite adequate remuneration will help you to begin, to correctly issue and do business. Even if you want to shift all questions on management to them, difficulties in it will not arise. By today's moment managing companies accumulated sufficient experience in this type of business and with ease will remove from you all cares.
However, the small fly in the ointment of investment into a commercial real estate of Germany is too. Insignificant, but is. Some subjective factors influencing process of earnings on investment into a commercial real estate of Germany follows also as well as pluses to estimate in advance.
The language barrier can become the main hitch in achievement of the goal delivered when choosing Germany for business development. This factor will have influence on success irrespective of the chosen country if there do not speak on native to you language. However, to learn language not so difficult and if at all, it is possible to employ the translator in any way.
The first acquaintance to the German bureaucracy can become the unpleasant moment second first. At once it should be noted that with usual to us bureaucracy it has nothing in common, "to throw a monkey-wrench into the works" and nobody will begin to extort a bribe from you, but foreigners get used to extreme degree of meticulousness of the German officials not at once.
The third minus it is considered to be the legislation of the country in the field of taxation. Really, just like that it is quite difficult to understand it, but hiring of the good accountant which are enough here nullifies this problem. Besides, finally the tax law will become rather a plus because of enough low contributions to the budget.
All above-stated pluses and minuses certainly are important, but except them, there is still a set of the factors influencing the choice of Germany for business and for life which correct and advance assessment will help to create a stable and reliable source of income. And the AWAY REALTY team will professionally consult and will pick up the most profitable option of a commercial real estate in Germany, from office center in Munich, or hotel in Berlin, or supermarket chain in Hamburg or Bavaria. Just call +7 495 258 88 66.
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