How do I know how much my house is worth?

Selling a house is not the sort of thing most of us is accustomed to do every day.

How can you know how much to ask for your house?

Is there a way to calculate the asking price?
Whether you’re selling, mortgaging or renewing your home insurance, knowing the value of your home will be the first thing on your to-do list. Continue reading How do I know how much my house is worth?

An Overview of Expected Property Price Growth in Europe

I was reading an article recently which reviewed a recently published S&P report. It indicated that 3 countries are set to led the price growth in property: Ireland, Portugal, and the Netherlands.

It appears the price growth in these countries is as a result of a shortage in supply.

The report predicts that the top 3 countries will continue to see growth in property prices until at least 2020. For the coming year it predicts growth of 8.5% in both Portugal and Ireland with the Netherlands close behind. Continue reading An Overview of Expected Property Price Growth in Europe

How much property can I afford?

It’s no rocket science: Whoever wants to buy a property should first calculate the costs to see how much he can afford.

This requires a budget that shows: what financial resources are available? What is your monthly budget without getting into trouble? You can quickly determine in 5 easy steps how much you can afford.
Continue reading How much property can I afford?

Is buying property a good investment?

Actually real estate is a great investment.

Investment property can grow in value overtime and while you have it you can actually use it to generate income.

When looking for investment properties, look for properties located in areas that are likely to see some growth in the near future. Since you don’t know how soon you will be able to resell it, keep you options open. Look for properties that could easily be rented out, either as a long term let or as temporary accommodation.

Continue reading Is buying property a good investment?

Germany needs 400,000 homes every year. Demand is increasing due to high immigration

According to a study carried out by the “Pestel Institute” 400,000 new units will be needed every year until 2020.

People need homes. So after looking at the population development it is a logical step to study the housing markets as well. Continue reading Germany needs 400,000 homes every year. Demand is increasing due to high immigration

How to buy a property in Germany? The buying procedure if you want to purchase real estate in Germany.

Once you found the property you want to buy the actual buying procedure is simple and relatively risk free because the whole process is handled by a German notary.

So the first step would be to find a notary in Germany, preferably one who speaks English if you don’t speak any German. He is acting as an impartial middleman between both parties. Continue reading How to buy a property in Germany? The buying procedure if you want to purchase real estate in Germany.

Are foreigners allowed to buy real estate in Germany? Can Non-EU Citizens buy property in Germany?

The short answer is: YES. Foreign citizens are not subject to restrictions on their rights to purchase real estate in Germany. Even for non-EU-residents are no restrictions buying a property in Germany, everybody with money can get their own house in Germany! Continue reading Are foreigners allowed to buy real estate in Germany? Can Non-EU Citizens buy property in Germany?

Property prices in Germany increased significantly

According to the vdp (Association of German Pfandbrief Banks)the prices for German residential and commercial properties continued to rise in 2015. The vdp property price index rose in comparison to the prior-year by 5% marking another peak.  Continue reading Property prices in Germany increased significantly

Bargain property in Germany: get a cheap real estate in Europe’s most industrialized and populous country

As average purchase prices for properties in Germany are still low compared to the rest of central Europe it seems to be just the right time to invest in Europe‘s most industrialized and populous country. Continue reading Bargain property in Germany: get a cheap real estate in Europe’s most industrialized and populous country