Close
Subscribe to newsletters
Email:
RSS

News

News Immobiliare : Nove tedeschi in affitto su 10 pensano di acquistare un appartamento : ll possesso di immobili valutato in modo positivo come non mai - Monday, February 6, 2017
In Germania il possesso di immobili non è mai stato valutato così in modo positivo come di recente. Attualmente tre quarti dei tedeschi vede nell’acquisto di un immobile il miglior modo d’investire i propri soldi. In modo particolare un buon 60 per cento considera case e appartamenti come la migliore forma di previdenza per la vecchiaia. Infatti è durante il pensionamento che si valorizzano i vantaggi di possedere un immobile. Anche tra gli affittuari in Germania l’acquisto di immobili sta diventando sempre più popolare. Di fatto un affittuario su cinque in Germania pianifica di comprare o di costruire un immobile nei prossimi dieci anni. Questo emerge dal sondaggio sull’indicatore di tendenza realizzato dalla società TNS Infratest per conto della banca di risparmio Landesbausparkassen (LBS).
details
German Property is Looking More Like London - Thursday, November 3, 2016
While Berlin hasn't quite turned into London-on-Spree, Germany's residential property market is having a moment. Germans' fondness for renting homes instead of buying them, fairly flat house-price growth plus rather dismal demographic trends all made the country's property market look distinctly pedestrian for many years. But with mortgage rates plunging, foreign buyers looking for a safe haven and -- more recently -- more than one million refugees arriving in the country, that received wisdom has been turned on its head. The European Central Bank's move to negative interest rates may fuel that trend even further. Can it last? House prices have increased 5.6 percent a year over the past five years, according to UBS, which is double the average annual rate of increase since 1970. Some catch-up is overdue as in real terms German house prices didn't rise over the past 40 years, according to Green Street Advisors.
details

Property prices in Germany up again

Tuesday, November 10, 2015

In North-East Germany

• Berlin is booming. Apartment prices in Berlin rose by 5.1% y-o-y to a median price of €2,785 (US$ 3,119) per square metre (sq. m.).

The median price of one- and two-family houses in Berlin rose by 7.1% y-o-y to €1,966 (US$ 2,202).

• In Dresden apartment prices rose 7.6% y-o-y to €1,991 (US$ 2,230) per sq. m., while one- and two-family houses rose by 5.5% to €1,902 (US$ 2,130) per sq. m.
• Hamburg apartment prices rose 3.0% y-o-y to around €3,247 (US$ 3,636) per sq. m..

One- and two-family houses in Hamburg rose 3.6% to a median of €2,240 (US$ 2,509) per sq. m..

In West Germany

• Dusseldorf apartment prices rose only 0.5% y-o-y, to a median price of €2,128 (US$ 2,383) per sq. m. during the year to Q1 2015.

One- and two-family houses in Dusseldorf rose 4.0% to a median price of €2,079 (US$ 2,329) per sq. m., higher than the previous year.

• Cologne's apartment prices rose 9.9%, to € 2,372 (US$ 32,656) per sq. m. The median price of one- and two-family houses rose by 5.0% y-o-y, to €1,995 (US$ 2,234) per sq. m.
• In Dortmund, apartment prices rose 6.1%, to a median price of €1,385 (US$ 1,551) per sq. m., while one- and two-family houses rose by 3.4%, to €1,773 (US$ 1,986) per sq. m.

In South Germany

• Frankfurt apartment prices rose by 1.7%, to €2,647 (US$ 2,964) per sq. m., while one- and two-family houses rose 6.5% to a median price of €2,148 (US$ 2,406) per sq. m..
• Munich apartments were up by 10.7%, to a median price of €4,691 (US$ 5,253) per sq. m.. One- and two- family houses increasing by 6.1% to €3,068 (US$ 3,436) per sq. m.
• Stuttgart apartments rose by 8.3%, to €2,206 (US$ 2,471) per sq. m. One- and two-family houses in Stuttgart increased by around 2.7% to €2,262 (US$ 2,533) per sq. m.

RENTAL YIELDS

Last Updated: May 30, 2015

Yields are moderate in Germany

For those who wish to buy or rent an old, but well-refurbished apartment, Berlin is still more affordable than Frankfurt or (especially) Munich. 


Munich is Germany’s high-cost leader, of course. To buy a 120 square metre (sq. m.) apartment in Munich costs around EUR 8,100 per sq. m., while in Berlin it costs around EUR 4,200 per sq. m., and in Frankfurt, the same sized apartment costs around EUR 5,300 per sq. m.. Rents are correspondingly pricey. 

Wherever you buy, you are unlikely to have much problem letting your apartment. Especially at the lower end there is an acute shortage of affordable apartments as the German boom continues, sucking in workers from all over Europe. 

The higher yields in all three cities come on the smallest apartments, and are caused by the fact that very small apartments are relatively cheap to buy. 

Over the last two years the yields gap between Berlin and the other two cities has narrowed as rents have risen significantly in Frankfurt. Berlin remains much less expensive, but in terms of rental return-on-investment, there is no longer much difference between Berlin and Frankfurt, while Munich´s yields are still a little lower. 

ECONOMIC GROWTH

Last Updated: Oct 15, 2015

Robust economic growth

The German economy expanded by 1.6% year-on-year (seasonally adjusted) in the second quarter of 2015.


“The conditions are currently in place for fairly solid economic growth in the second half of 2015, fuelled by both external and domestic demand,” according to the Bundesbank.

Following the sharp slowdown in 2012, Germany’s economy slowed further in 2013, growing by only 0.2%, according to the IMF. The economy bounced back in 2014 with a 1.6% growth and has since then been registering robust GDP growth.

Germany’s unemployment rate was 4.8% in June 2015. In contrast, the entire euro area’s unemployment rate was around 11.1%.

BUYING GUIDE

Last Updated: Jan 27, 2015

Roundtrip transaction costs are low to moderate at around 9.02% to 16.34% of the total price. Real estate transfer tax is levied at 3.5% to 6.5%, depending on the federal state where the property is located.