Germany - investments in Germany 
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Germany is looking likely to turn into one of the hottest property markets in Europe after 10 years of static prices. Germany is a new market for most overseas investors and it will take time for it to develop. 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 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.
The Government has moved from Bonn to Berlin and the quality of the city and its architecture has to be seen to be believed. However, until the residents start to see the value of buying their own homes and rents start to rise through greater professional overseas landlord ownership and management prices will remain static. Fortunately huge multi-billion euro investments have been made by UK and US funds in the last year or so and in 2006 we believe that this change is beginning now and the growth has started. We have therefore now begun to carefully select properties for our clients in a select number of locations, starting with Berlin.
Premier Property International is always looking to offer to our clients the very best of property investment opportunities in Germany . Please, check them here in our Germany properties for investment section.
