Property for sale in Germany
The best buyers interested in homes for sale in Germany are the Germans who decide for the first time to buy their own home. International buyers are atypical, exceptional.
Home ownership has usually been less common in Germany than in other EU countries and many buyers now buy their home for the first time, thanks to higher income and lower interest rates.
After years of rising prices about property for sale in Germany, down payments as well as transaction costs make buying a home impossible for many households. In Lower Saxony, prices are still increasing, but on a lower level than in other states.
In the most prestigious district of Berlin you can buy a property for sale at a third of the price of a similar property in London. It is the same if we make a comparison with Monaco or Frankfurt.
In the Brunswick area, prices continue to rise even if house prices are not as high as Hamburg or Munich.
The average price for properties sold in Germany, and especially in its capital, increased by 20% from 2017 to 2018, while the growth rate is more than 100% compared to prices in 2004.
With these prices Berlin reaches a world leadership, but the downside is the excessive prices for property sold in Germany, speculative bubbles and rents.
If you plan to move and you are looking for properties for sale in Germany you can choose between the ever-growing and bustling capital of Berlin. Do not underestimate the cities of Regensburg, Frankfurt and Leipzig, which offer a wide range of properties for sale.