Dresden Germany Real Estate
The Saxon capital Dresden, 200 km south of Berlin, is currently experiencing a real estate boom, which is gaining momentum as German companies expand following the global financial crisis. Property is in high demand in Germany and cities in the east are increasingly being eyed by property junkies looking for what is probably the cheapest and most affordable housing market in Europe, compared to the more expensive and expensive cities such as London, New York and Paris. Dresden has been one of our greatest successes since the reunification and has been inundated with wealth from the country's property boom.
The former GDR is generally located in the interior of the country, with a population of around 3.5 million people and an average income of around 1.2 billion euros per year.
The interest rate profile provides considerable stability to the German real estate market, which tends not to suffer from a sudden fall in the value of houses. Huther said there is little evidence that Germany's housing debt is based on variable-rate loans that exploded decades ago, causing the US bubble to burst. Conservative borrowing in Germany is often attributed to the hyperinflation of the 1920s, "he said. However, there is no evidence that this is because its banks borrow for long periods and are keen to lend for long periods.
In 2013, Bundesbank Chairman Andreas Dombret cited the "very high" interest rate profile of the German real estate market as an example.
A year later, Bundesbank President Jens Weidmann warned of a "European property bubble," including in Germany. Nico Rottke, a partner at Ernst & Young, said the German property landscape was "very aggressively financed."
Properties for sale in Germany can be found in nationwide listings, including properties that have been sold to international buyers. Real estate ads come from real estate agents, developers and owners who want to sell their local German real estate. The properties are located in different areas of Germany and are advertised by estate agents, developers or owners.
Rents in Dresden are more affordable than in many German cities and it is a student-friendly city. If you already live in the city, you should register to find accommodation that meets your criteria. Cheap accommodation in rooms, studios and apartments can also be found in and around Dresden. If you are interested in the Berlin real estate market for a main apartment, you should look at the accelerated rents as well as the Berlin real estate markets for primary residences.
It is also useful to join the Dresden real estate market for single-family houses in the city of Dresden, the largest city in Germany by population.
The Inner Neustadt is also being refurbished, and the winner is the city of Dresden, which with 1.2 million inhabitants is the largest city in Germany.
Dresden has over 10 million visitors a year, and many of them will use the city as a transfer point to other destinations. Thanks to the excellent transport connections, Dresden's apartments and suburbs can quickly take you to your favourite places or directly from the main sights to the suburbs. Bed and Breakfasts in Dresden are a very popular option, combined with the local flair and convenient in the area, they are usually right outside the door stop to the main attractions. Holiday apartments and guesthouses: There are plenty of bed and breakfast apartments in Dresden, but the typical Dresden apartment offers more space and freedom than a guesthouse. Check out our apartments in the nearby cities of Prague and Berlin for more information on the best hotels, guesthouses and hostels in Germany and around the world.
While rental properties can be a good source of income for homeowners, rental contracts in Germany are per tenant, i.e. landlords have strict obligations towards their tenants. If you move out of Germany, you can rent your own apartment, but buying a house or apartment is also an option that should be considered, especially for those who want to stay in Germany for more than a few years. If you express the purpose of renting your property, you can buy it at a reasonable price.
There are no restrictions on foreigners living in Germany or elsewhere from buying property outside Germany. There are some restrictions on property owned by non-Germans, but many expats have access to a wide range of properties in the country, such as apartments, houses and condominiums.
The stability of the real estate market makes it an attractive investment opportunity, although the home ownership rate in Germany is relatively low, with around 52% of this population opting for rental apartments. With low living costs and high levels of ownership, Germany can be a good buying place in the long term.
and understand it better with our guide to the German rental markets, including finding a house or apartment for rent in Germany.