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How profitable is the purchase of an apartment in Germany

by hotjapanse

Investments in real estate in Germany are investments in a very reliable perspective. The real estate market stood here during serious crises: there were no sharp jumps in prices and a strong increase in the cost of housing. That is why, buying an apartment in Germany is a very profitable deal.

Among Russians, both commercial and residential real estate are popular. Objects for commercial use are mainly bought in large cities and regional centers. Hotels, cafes, fitness clubs – all this costs about the same in any areas of the country. And the profitability from them allows you to reduce the payback period and in a short time to start making a profit.

As for residential real estate, prices for it vary from region to region. In the western part of the country, prices are lower than in the southern, but higher than in the eastern. The capital costs a dignly, here the price tag depends on the remoteness of transport and social facilities.

Real estate prices in Germany, in Berlin are quite high, but allow you to quickly rent a purchased object and receive a stable income. Often, whole profitable houses are purchased here, and then they rent apartments for long -term rental. Berlin is a very profitable city for buying an apartment.

The most expensive and popular region is the southern part of Germany, especially Bavaria. Among the cities in which you can buy an apartment for subsequent benefits, you can note Munich, Stuttgart and Baden-Baden. They are more popular among tourists, but it is quite possible to find tenants for a long time.

West Germany is considered the most developed region. There are many large cities and high rates of the construction of new houses. Wherever you purchase an apartment: in Hamburg, Frankfurt-on-Mine or Dusseldorf, you can always make a profit from it. Either selling someone, or renting out a long-term lease.

If you need a very inexpensive apartment in Germany, the prices of the eastern part of the country will pleasantly surprise you. The former land of the GDR is not very popular among the Germans, but now it is actively developing, the construction of new houses is underway. It is profitable to take real estate here in Leipzig or Dresden.

In general, an investment in Germany is a fairly profitable business. If you do not understand all the nuances, then you should contact professionals.

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