Investors' interest in growing regions of Germany

Berlin's real estate market continues to be a magnet for investors, but in recent years a growing interest in real estate buyers are and to other regions of Germany, reported the online source OPP Connect citing data from the German real estate agency TLG Immobilien. The total volume of transactions concluded in Berlin in 2012 amounted to 12.8 billion. Euro. For comparison, in 2011 this indicator was equal to 11.1 bln. Euro. On average for 2012 the cost of housing has increased by 14.7% in Berlin, and in 2011 the property is increased by 27.5%. The average price of homes in the eastern part of Berlin, in 2012 was 500 000 euros, which is double the price of 2011 rental rates in the city center have also increased from 20 to 22 euros per square meter. M. In addition to the capital, the highest prices for both rental and purchase of housing, have been recorded in Potsdam: 4600 euros per square meter. m on the secondary market and 4,900 euros per square meter. m in new buildings. This is followed by Dresden (3600 euro per sq. M in old houses and 4,500 euro per sq. M in new homes) and Leipzig (3500 euro per sq. M and 4,000 euro per sq. M respectively). The real estate market of the German regions also leads the student Cottbus, house prices which rose by 25% over the last year. HomesOverseas.ru