Berlin
The capital of Germany, Berlin has been a hugely evolving city
with much variety to offer to tourists and investors alike.
Consisting of 23 different districts, each with their own unique
character, Berlin has been going through a major property rebuild
process which includes the new cityscape around Potsdamer Platz and
the eastern city centre. Mitte, the central district has the most
to offer including some of the city's most historical sites such as
the Brandenburg Gate. On one side of the borough there are old
properties and grand buildings, whilst towards the northeast there
are bars, restaurants and clubs to accommodate Berlin's nightlife
enthusiasts.
Only 11% of the German population own their own property which
makes Berlin a cheap place to invest in. However, the property
market in this city is only seen as a long term investment
opportunity because it is known that Germans themselves prefer to
rent accommodation than to buy. With an unemployment problem still
evident in the country, it is unlikely that many will be able to
afford to buy in the near future.
Frankfurt
Frankfurt is a distinctive city due to the combination of old
and new real estate in the midst of one another, varying from
towering skyscrapers to tiny half built houses. Frankfurt has over
half a million residents of which 28% are of foreign citizenship
and there is also a large immigrant community present here which
makes it a popular city to be in due to its multi-ethnicity.
Frankfurt is seen as a financial powerhouse for Germany and the
European continent as a whole causing a huge impact on the world's
economic stage, making it one of the ten Alpha world cities.
Cologne (Köln)
It is clear to see the reason for Cologne's popularity due to
it's outstanding architecture, several museums, theatres, concerts
and fantastic dance clubs making it a major cultural city with a
vibrant art scene. It is a strong media centre in Germany and
Cologne University is the largest in the country.
The property market in Cologne has remained stable and the
transport connection links to other cities are of a high quality
making it a favourable place for property investment. The property
market in Cologne is broad enough to accommodate those wishing to
buy and to rent.
Stuttgart
Stuttgart is the sixth largest city in Germany and is situated
in the southwest of the country. It has a very urban community
giving the city an inviting atmosphere and is seen as one of the
better investment opportunities which are likely to attract shrewd
investors.
Stuttgart is an industrial city with famous automobile companies
and state of the art science facilities, but this isn't all the
city has to offer. Stuttgart is well-known for its state opera and
extraordinary art displays put on at the state gallery and gallery
of Stuttgart.
Hamburg
Hamburg is the second largest city in Germany. The city centre
is set around two lakes, the Binnenalster and the Aussenalster.
Hamburg is an international trade city and the commercial and
cultural centre of North Germany. Hamburg benefits from EU
enlargement and is home to a number of key industries including
chemical, IT and logistics. A good investment could be retirement
properties with a guaranteed rental return which have been known to
be extended up to 8% gross. Hamburg is in a favourable location
that it makes it easy to access which is very popular with
investors.
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