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Germany, the financial safe-house of Europe
Only Joseph & Phillip have all the facts you need to make
the right choice in buying, selling or renting property
Ernst & Young European Attractiveness Survey (2016)
Germany average has 4.4%, with Hamburg at 1.5%, Bayern 3.7%, Berlin 3.5% and Baden Württemberg 4% (latest figures for 2015)
housing demand to increase until 2025 by 3,100,000,000 m², equalling 183,000 new residential units per year (Federal Institute for Research on Building Urban Affairs and Spatial Development (BBSR)
Foreign investors accounted for 50% of purchases in 2016, why? No significant controls preventing or restricting foreign investment.
High demand for German apartments lead to double digit price increases.
Prices for new apartments in large German cities have experience strong growth.
Germany has most number of cities rated in “Quality of Living survey” (Mercer, 2017).
Historically low mortgage rates have increased affordability.
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