The most beautiful cities of Germany with the perspective real estate
Germany steadily keeps in "chart" of the European real estate markets on allure degree for investors and to the prospects of development. The influential organization UrbanLandInstitute (ULI) and PwC made the corresponding rating in which top ten there were four German cities. Berlin, Frankfurt, Munich, Hamburg – these cities investors consider first of all for the purpose of purchase of local square meters. At the same time, other trend was outlined: large players even more often glance towards the cities of smaller value in which the potential of increase in prices for the real estate is planned.
"Hottest market of Europe"
Analysts usually estimate the real estate market of Germany precisely "fantastic" and "the hottest market of Europe". These epithets are addressed to Berlin. Investors recognize that the capital is more profitable in terms of investment original cost and increase in prices for capital investments. Housing cost is slightly lower here, than in Munich or Frankfurt where the price for square meter reaches about 8000 and 5000 euros respectively. For comparison, in Berlin the sq.m. costs 4200 euros approximately. Besides, the capital can offer a skilled labor force, creative specialists and the high level of culture and also public sector of economy.
What arguments for benefit of purchase of the real estate in Germany? Investors are guided by the fact that national economy is stable, on the one hand, and with another – there are growth points. The real estate not only went down in price, but nothing says that similar can occur in the next decades. Attracts investors and legality of the processes accompanying purchase and property sale. Everything is verified to millimeter in this case. After purchase you without problems will be able to find the specialist who will undertake all nuances on leasing of the real estate in Germany. Specialists emphasize also availability of purchase of housing in Germany: it is possible to invest in the real estate even with budgets up to 100,000 euros here.
What else contributes to market development of the real estate in the country? Analysts unanimously call immigration, Germany – one of the most attractive countries in this plan. The legislation serves as the positive filter, as a result in Germany inflow of talented foreigners is observed. Six years in the country issue "Blue cards" – the residence permit for skilled workers with high salaries. It is also possible to receive the residence permit, having started business in the country. Purchase of the house or apartment to you will not grant such right, but will promote in issue of the positive decision.
Besides, Germany is the country which is able to wrap "minuses" in "pluses". For example, it was not clear few years ago how the country will cope with huge inflow of immigrants. But on a result turnovers in the sphere of trade increased, jumped up demand for housing, the quantity of jobs increased in the service industry, constructions and productions. Analysts of the largest German banks note growth of economy this year for 2-2.3 percent.
These factors led to increase in real estate prices in Germany. Housing in the large cities rises in price very quickly – for 50-85% for the last 5 years. Last year the housing prices grew on average in the country by 3 percent, and in the large cities - for 7-9 percent.
Some of the most expensive objects for purchase are apartments in new houses which were built after 2015. Are extremely attractive to purchase and the apartment in old, but well-groomed houses of construction till 1920. Apartments up to 45 sq.m. and spacious apartments from 85 sq.m. are appreciated. Traditionally cost is influenced by a real estate location: central and prestigious regions of the cities the most expensive. So, it is possible to purchase stylish apartments in the center of 197 sq.m. of Berdin for only 1,160,000 euros. The exclusive residence is located in the house built in the late twenties the last century.
What else cities of Germany are suitable for investments?
Against the background of increase in prices for the real estate analysts note some delay. But most of investors still expect to win on rise in prices in the near future and consider real estate acquisition in Germany as short-term investment. In this case it is important to find an object which will continue to grow in the price further. We recommend to pay attention to the cities of smaller value in which the potential for rise in prices is mortgaged. It is possible to distinguish Ingolstadt from them, Hera and Gallet. In these areas increase in prices for housing for 20-30 percent in the next years is predicted.
Ingolstadt
This city with the population in 132,000 inhabitants is located in the heart of Bavaria. First of all, it is associated with the headquarters of the automobile company "Audi" and the most popular Museum of car maker. The hallmark of the city is Monastic church Libfrauenkirkhe in Gothic style. It is considered by right the most large-scale and beautiful religious building of the southern Germany. The modern Museum "Mobile" devoted to innovations of the equipment and scientific achievements became the place of an attraction in the city also. In this beautiful city there is a wish to live! By the way, it is possible to purchase the beautiful and comfortable house in Ingolstadt on 250 sq.m. for only 840,000 euros.
Gaul
In this most beautiful city you will feel all charm of life in the European province. The population of Halle – about 240,000 people. The city endured a lot of things on the century: closing of the city-forming enterprises, high unemployment, outflow of the population. But, fortunately, it was reoriented from the industrial center in sociocultural. The historical and cultural heritage of Halle appeared enough to give the chance to the city and to citizens to live in a new way. In the city five theaters (are especially well-known opera and doll), five concert halls, art festivals are held here. The most known of them — the International musical festival of Handel. Among the city museums it is important to mention house museum of Handel, the great composer who was born and lived up to 18 years in Halle. And also you will be interested in the museum Fonda Franca — presumably last remained cabinet of curiosities of an era of baroque. Significantly and the fact that here the Halle-Wittenberg university of Martin Luther is located.
It is possible to purchase the smart house in Germany of 652 sq.m. in one of the most prestigious districts of Halle for only 1,245,000 euros. Profitable acquisition, considering expected increase in prices for housing in these areas to 30 percent.
The real estate in Germany under lease
Rent business in Germany is very attractive for several reasons. First, the population of the country constantly increases, and, therefore, also demand for lease of housing grows. Even considering construction which is conducted in the cities, the real estate all the same is not enough for all. Secondly, Germans are called not for nothing by the nation of tenants: many of them to mature age live in rental apartments. The beginning investors with the small budget buy the apartment for the subsequent delivery it in lease. Investors with the budget about 900,000 euros buy already profitable house on several apartments.
According to the statistics, for the last 10 years the cost of lease of the residential real estate in Cologne and Stuttgart rose by 30 percent. In Munich, Hamburg, Frankfurt and Düsseldorf it grew by 50 percent. In Berlin this indicator was even higher and made about 60 percent. By the way, the last is considered one of the most available European cities. And here the high cost of real estate lease to the European measures is in Munich at the average level. Annually rates of the rent grow for 2-4 percent. escortcity
Attractiveness scale
The Hamburg institute of world economy (HWWI) made the list of areas which population for a number of reasons till 2030 will grow at the advancing rates. It allowed to find out what regions of Germany are most attractive as the permanent residence in the short term.
Rhine-Zig (the center – Zigburg)
Most of residents of the area go for work to Cologne or to Bonn. These highly qualified specialists therefore their consumer capability is higher than an average value over the country make good money. Now the population – 596,000 inhabitants, by 2030 is predicted a gain on 29016 people.
Lyudvigsburg (the center – Lyudvigsburg)
This area is located in one of the most economically developed regions. Unemployment rate – 3.7 percent. Population – 534,000 inhabitants. By 2030 the gain on 22,874 persons who will need housing (lease or purchase) is predicted.
Karlsruhe (the center – Karlsruhe)
This area stretches up to the large centers – Frankfurt and Stuttgart. These can explain popularity of Karlsruhe. The population of the area – 436,000 inhabitants. By 2030 increase at 18,000 people is expected.
In Hamburg last year the most expensive apartment was sold. The cost of square meter in these apartments was 28,400 euros. In Munich, the leader in a luxury segment, last year the country house was sold for 16.8 million euros near Noykhauzen.
Specialists of AWAY REALTY will help you to make the weighed and commercially profitable decision which without fail will bring dividends in the short term.
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