New Germany forum

[legrandnez]

Hi all , i like this forum , it is with a huge very interesting ressources for people who want to buy a property in Germany,i get a lot of good informations about what i'm looking for , and a lot of advices,and informations.With many thanks to teepeeseller

in short, the best forum which i found on the web about germany.

legrandnez

[caroline1]

Hi Daniel,

I am fromGermany, I am lookign into buying in Bavaria too, but the banks would only give me a 50% mortgage because I am earning in the UK, are you a cash byuer or do you have connections with thhe banks??

Originally Posted by investinvalue

My name is Daniel,
I am a private investor in Germany and despite the credit crunch, I do continue to invest in german property. Personnaly, I prefer Bavaria, Baden-Wuerttemberg as GDP/inhabitant is higher and unemployment lower than in East Germany.
With my buy to lets - LTV of about 80%- I end up paying off the principal and interest and after providing for management and maintenance cost, I am still left with a return on my investment.
I see this investment as my pension fund as I will end up with a mortgage free property in 20 years generating a huge return on my property.
Best way to see value in German market is that it is self financing and also cheap vs long term trend. FT did recently start a European real estate index. Sorry cannot post the link yet as I do not reach the 5 posts but it shows the real price of diverse properties in various countries. Look at germany, it stays roughly between 90 and 110. This is ideal as it follows inflation and is currently on the cheap side. For those looking for massive capital gains, Germany is not the place to invest. For those looking to build a pension fund, it is ideal.
Happy to send you the link later, if needed.

[teepeeseller]

Originally Posted by Winnie

Just joined up today, so thought I'd stick my first message here! I've just come back from Frankfurt, where at first I wasn't impressed at all by the German people I met - until I acted as I should - as a guest in another country!

I was in Frankfurt on business and only for ten days, but got to know the City fairly well in that time, courtesy of the wonderful Tram system! What a way to get around the City - even if a little expensive.

We're British and live in Southampton at present, though we do spend a bit of time away traveling, through business. I home-school my son too right now, but of course have to find out about all that kind of stuff in Germany - whether it is allowed etc..

We are learning German (my son is coming on in leaps and bounds of course - I am a little slower and have to find the time!)

Our future seems to point to Germany for many reasons, though I am not sure where in Germany we will settle yet. I'd be open to suggestions by "old-timers" in Germany! Some have suggested that nearer the French border is very favourable - I don't think that we could afford to live around Frankfurt anyway!

We like to be rural, though perhaps not too far from facilities. Just some place where there would be a Junior school and stuff and a bus/tram/train ride to get weekly shopping and browse.

I'm sure that you'll help me out here, and forgive mistakes I make - I am totally open to suggestions and correction and hope to learn a great deal here before my next trip in the new year.

I've been on to a couple of Property websites including immoscout of course - and found a few properties that would be highly agreeable. I understand also (and I stand to be corrected) that I can buy a property & have it put into my son's name even though he is only ten years old - at least this is what a lawyer told me.

So, here's to learning a lot from you good people and nice to be here.

Good morning,
You say you live in Southampton presently. My advice would be to take advantage of the flights into Hannover, hire a care and go drive about in the Harz mountains (approx 1 hour and you are in the middle of them) (autobahn congestion here can cause problems and delays however) in the west Goslar would make a superb base to look around from and further East a lovely (less specatacular than Goslar) little market town call Wernigerode would make a good relaxing break. It can all be done on a very limited budget and the worst thing that can happen to you is you've had a fun holiday.
The Dresden/Leipzig/Potsdam triangle is a wonderful area - exceptionally cheap, never too far from international communications you can live rurally but still be in a large city in half an hour. It is for these reasons I chose Dresden area over anywhere else I have visited as the ideal retirement (summer) spot - I run away for a few weeks every winter.
If you're looking for a small town take a look at Goerlitz on the Polish border - stunning and a big enough town to fill most requirements with Dresden, Berlin, Leipzig, Prague and Krakow still being close enough to conveniently drive/train to for a weekend.
From Moselle valley to the French border is reasonably cheap still and a lovely area. The best weather as you would expect is to the south and Lake Constance/Bodensee is about as idyllic as it gets - the prices there reflect this however.
Good luck - I doubt you'll be disappointed no matter where you choose in Germany.

[german ophile]

Here, here.

It is hard to be disappointed with Germany. The few exceptions to this stand out like a sore thumb so you won't miss them.

I agree with Teepee seller on much of his suggestions. I would go Dresden for beauty and price or Lake Constance for sheer beauty.