Tradefair & Financials
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13 Feb 10
15:29
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Date Joined:
27 Jan 02
Has anyone thought about it?
Just returned from a short break - impressed by the position, history and the snow fields between the prestige buildings where the jackdaws congregate.
Can buy a flat more cheaply than here but I know next to nothing about the market except, according to stats, the Berliners' wealth corresponds to the EU average although it exceeds the region of Brandenburg where Berlin sits but trails the German average. The balance must shift imho. But even without the prospect of material advantage, I like the idea of having a place there.
Has anyone else felt roughly akin to me and when and what has happened since you started monitoring prices?
Any imput gratefully scanned.,
Just returned from a short break - impressed by the position, history and the snow fields between the prestige buildings where the jackdaws congregate.
Can buy a flat more cheaply than here but I know next to nothing about the market except, according to stats, the Berliners' wealth corresponds to the EU average although it exceeds the region of Brandenburg where Berlin sits but trails the German average. The balance must shift imho. But even without the prospect of material advantage, I like the idea of having a place there.
Has anyone else felt roughly akin to me and when and what has happened since you started monitoring prices?
Any imput gratefully scanned.,
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Would personally be worried about the Euro moving against me
if your thinking long term your better off in china/brazil imo
if your thinking long term your better off in china/brazil imo
I don't know much, but have read elsewhere that you need to be very careful. Property prices in Germany are not like the the UK. For example, property goes down in value as it gets older.
And renting/letting is very structured and controlled by the government (local).
And renting/letting is very structured and controlled by the government (local).
unitedbiscuits,
I went there at the end of 2006, and viewed a few places. Spent about a week looking around. Also visited a few small towns a bit further north.
The yields on some of these places were amazing, in some cases close to 20%.
Eventually I bought in Holland instead (30 minutes from Amsterdam) in 2007, as I was able to get a 100% mortgage and I have family there. The yield is much lower, but enough to cover all costs and then some. It was more attractive for me, as the German mortgage providers required me to put 30% down.
I went there at the end of 2006, and viewed a few places. Spent about a week looking around. Also visited a few small towns a bit further north.
The yields on some of these places were amazing, in some cases close to 20%.
Eventually I bought in Holland instead (30 minutes from Amsterdam) in 2007, as I was able to get a 100% mortgage and I have family there. The yield is much lower, but enough to cover all costs and then some. It was more attractive for me, as the German mortgage providers required me to put 30% down.
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