Anna Boyarchukova
Head of the Residential Department
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Source: «Property prices in Germany», 13 May 2021Among the main incentives for property demand in Germany are cheap mortgages. The average interest rate over the last 17 years is just 3.37%, whilst in March 2021 it was down to 1.18%.
Loan repayments have become less burdensome, leading to a considerable increase in property demand and, subsequently, prices.
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