House prices across Germany are rising, with the appetite for investment in ‘safe’ German property showing no sign of slowing according to a report by Moneyweek.
German house-building permits have soared to a record high this year as investors put their money into bricks and mortar as a hedge against inflation and the EU’s sovereign debt crisis.
The Southern German city of Lindau has seen a huge surge in interest from overseas buyers according to local agencies, as investors are increasingly attracted to the country’s economic stability.
Germany is becoming an increasingly popular destination for both investors and visitors, with its safe economic position within the eurozone contributing to a surge in interest according to reports from the country’s Federal Statistical Office.
Germany is winning the trust of overseas property hunters, who have placed the country among their top ten destinations for the first time this month.
A growing number of international property investors, including more Brits, have identified the Berlin property market in Germany as a good place to invest their money, according to a new Savills report.
A shortage of new homes coming onto the market is pushing property prices in Germany higher, according to the Wall Street Journal.
The sustained level of strong demand has meant that Germany property prices have continued to rise further across some parts of the country, even at the most expensive residential addresses in the country.
Sentiment towards the Germany property market - residential and commercial - is recovering as the economy shows signs of improving and jobless figures fall.