Real estate in Germany. German property prices
Real estate in Germany is a profitable investment as buying prices in German cities are times as low as in the neighbouring European countries, such as France and UK. For instance, the average price in Paris soared above €8,000/sq. m., whereas a square meter in Berlin sells for no more than €3,000/sq. m. However, homes are more expensive to buy in other large cities, such as Munich, Hamburg, Stuttgart and Frankfurt am Main, than in Berlin.
Property for sale in Germany can cost from €10,000 for a studio in a small town to millions of euros for new luxurious apartments in Munich. German property can be leased for €30–230 per night depending on its type and location.
Magnet for investors
Many investors buy properties in Germany for investment purposes, as the country is a top five global economy ranked as the strongest one in Europe. Besides, real estate prices in Germany are constantly on the rise, driving up rentals and ensuring quick returns.