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Buying a house in Germany opens up many perspectives, especially since the prices for private real estate here are significantly lower than the housing costs in other European capitals. German cities are culturally and economically dynamic, attracting tourists, and foreign investment accounts for a quarter of total housing investment. Buying a house in Germany is risk-free, since the financial condition of the country is quite stable, and banks offer favorable mortgage conditions to investors.

Germany offers a high standard of living, security and excellent social conditions. A house in a big city or suburban area is not cheap, but in some cases the cost is more affordable than the prices of housing in other European capitals.

The cost of a house in Germany

The Germans themselves and a growing number of foreigners consider the purchase of a home to be the most profitable solution, both for themselves and as an investment. The German private sector guarantees a stable rental income, high quality construction and the opportunity to go on vacation in a beautiful and safe European country. Buying a house is a completely safe and profitable decision, since the financial situation in the country is quite stable, and local banks are ready to provide favorable mortgage conditions.

The price of private accommodation in Germany depends on a number of factors:

  • The size of the building and the plot. Increasing the floor area affects the overall cost of the house, but reduces the cost per square meter.
  • The quality of repairs and surface treatment. For many people, the condition of an apartment is decisive for their purchase. You can buy a cheap house and renovate it to your liking, or you can opt for a ready-made, albeit more expensive, house.
  • Proximity to the city and resort areas. Houses in the city, especially in large metropolitan areas, are more expensive than in the provinces. Also, the proximity of the resort increases the price, as such areas attract tourists and locals.
  • The prestige of the territory. Despite the overall high standard of living, neighborhoods with solid neighborhoods and luxury villas are also appreciated in Germany.
  • Infrastructure and proximity to attractions. Houses in developed areas are easier to rent and will always have a higher market value.
  • Region. The general development of the region also has a significant impact on real estate prices in Germany. The western and southern areas are more prestigious and expensive. The southern part has good ecology and high development dynamics.

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