Property in Germany
Germany. Supplemental information
Property collections in Germany
Germany. General information about the market
While in Germany, built many houses, the pressure of demand is such that the proposal is still barely manages to meet his. Not surprisingly, the cost of housing in Germany continues to rise.
The average cost of property in Germany is 2600 – 4000 EUR per 1 sq. m. has the highest prices in Munich, where for 1 "square" will have to pay about 7300 euros. While prices in the capital are placed within the average for the country – housing in Berlin is 2800 – 3800 Euro/1 sq. m. moreover, of the four cities of Germany (Berlin, Hamburg, Munich and Cologne) of the only property in the capital and in Cologne is cheaper than 4000 euros per sq. m.
Prices are higher than in Munich can be found only on the island of Sylt – the average price of 1 sq. m approximately 9300 Euro, however, local objects are not in great demand among foreigners. For comparison, in the Spa resort of Baden-Baden real estate costs 3300 Euro/1 sq. m.
Popular regions and rates
Foreigners prefer or purchase liquidity facilities in major cities or housing for personal recreation with numerous thermal resorts of Germany. Among big cities is a special demand for real estate of Berlin, Munich, Frankfurt, Stuttgart and Dusseldorf. The cost of one-bedroom apartments in Berlin and Stuttgart starting from 50 000 Euro, in d