The cost of real estate in a number of German cities in the next five years could increase by 20-30 percent, according to analysts Kalinka Group. The materials prepared by them studies are available at the disposal of edition”.ru”.
We are talking about Rostock, Ingolstadt, Halle, Essen, Duisburg and Dortmund. According to experts, investors time to pay attention to the small German city with positive forecasts for economic development. Thus, buying a property, you can no longer count on quick profits and high profitability — it is better to consider such an investment as a way of preserving capital.
“In major German cities (Berlin, Hamburg, Munich) prices peaked, it was noted in Kalinka. In Berlin, developers had issued more building permits than it is now to consume the market. Therefore, the growth of prices for the coming years will slow.”
Analysts refer to the report of the Committee of the German real estate, which is the best for investment funds called University city, where the rapidly developing infrastructure and a growing population. It Konstanz, Tübingen, Flensburg, Fulda, Bayreuth, Hamburg, Meerbusch, Bocholt, Rheine, Nordhorn. They projected the increase of prices for residential and commercial properties.
“Overall, the German economy stable, a bubble the market is not expected, — the Kalinka. Among the factors that make investment in the country profitable, you can allocate the reliability of laws, low level of unemployment, increase of citizens ‘ purchasing power, lower rates for deposits, affordable loans and a rapid increase in housing prices — 50-85 percent over the past five years.”
Earlier in November this year, was named the city of the world with the rapidly growing cost of housing. None of the German metropolis in the top 10 was not. First place was taken by Singapore, Moscow was in eighth.
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