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Germany - great market but difficult to invest in? |
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John_maxwell 
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Joined: 23 October 2009 Online Status: Offline Posts: 10 |
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 Topic: Germany - great market but difficult to invest in?Posted: 24 October 2009 at 7:09am |
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Germany’s property market for the last ten years has shown very little sign of increase and prices have stagnated due to the fact that only 40% of the German population own their own home in comparison to 80% in the UK. In Berlin alone, approximately 86% of the population rent properties, since it was always cheaper and not seen as socially inferior for Berliners to rent than buy their own home. Despite low interest rates and attractively priced properties, Germans could obtain rented properties cheaply leaving little need to buy their own home. |
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daveJ
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Joined: 14 April 2010 Location: Staffordshire Online Status: Offline Posts: 10 |
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Posted: 14 April 2010 at 11:41am |
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There are some good properties to invest in in Germany, the renting culture makes very simple to get tennants. You just have to research the right place and it can take some time.
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High quality modern bar furniture!
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Richlist
The 2,000 Posts Club 
Joined: 01 January 2007 Location: UK/Spain/France Online Status: Offline Posts: 3320 |
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Posted: 14 April 2010 at 5:36pm |
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There are some good properties to invest in in Germany, the renting culture makes very simple to get tennants. You just have to research the right place and it can take some time.
Good it what way ?
Nobody appears to be making any money from increases in capital values so German property can hardly be described as a good investment.
Are the yields particularly outstanding........ whats the gross & net yields on an average property ?
Can anyone provide some rough numbers ?
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Comments assume you're in England/Wales, pay under £2083 monthly rent and that your last AST was dated after 6/4/2007. Probably the best landlord in the world - well if its good enough for Carlsberg.
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AndrewB009
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Joined: 18 July 2010 Online Status: Offline Posts: 4 |
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Posted: 18 July 2010 at 3:03pm |
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The real estate purchase process in Germany is not drastically different
from that in the United States. Foreigners’ property rights are equal
to those of German citizens and there are no special requirements for
U.S. citizens to be eligible to purchase German property.
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Richlist
The 2,000 Posts Club
Joined: 01 January 2007 Location: UK/Spain/France Online Status: Offline Posts: 3320 |
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Posted: 18 July 2010 at 3:28pm |
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There are VERY few places around the world at the moment where buying property makes good business / investment sense.
Germany, Bulgaria and Spain are just a few of the places where there is NO money to be made.
I'm prepared to be persauded otherwise.......if someone can provide a convincing argument with actual figures.
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Comments assume you're in England/Wales, pay under £2083 monthly rent and that your last AST was dated after 6/4/2007. Probably the best landlord in the world - well if its good enough for Carlsberg.
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AndrewB009
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Joined: 18 July 2010 Online Status: Offline Posts: 4 |
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Posted: 18 July 2010 at 3:33pm |
Ya , you are absolutely right about Germany ,You cannot buy something in Germany and sell it three years later with appreciation, In Germany you have very good rental income...but you will have some more difficulties getting appreciation in the short term. You’ll have to wait at least 8-10 years.” |
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Richlist
The 2,000 Posts Club
Joined: 01 January 2007 Location: UK/Spain/France Online Status: Offline Posts: 3320 |
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Posted: 18 July 2010 at 3:43pm |
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OK thanks for that.
One of the BIG advantages of owning your own home is that eventually the mortgage is paid off and you own it outright. This means that in later life an owner has financial benefits by not paying a mortgage or rent.
What do Germans do when they reach retirement age and have to continue to pay rent ? Is it affordable ? Does the state help ? etc.
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Comments assume you're in England/Wales, pay under £2083 monthly rent and that your last AST was dated after 6/4/2007. Probably the best landlord in the world - well if its good enough for Carlsberg.
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