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Home»Society»Increasing the number of buyers from southern Europe

Increasing the number of buyers from southern Europe

November 6, 2019

Now many people are afraid that Berlin will soon become a real victim of speculative investments. At the moment, Berlin is a hot real estate market directly for immigrants from those countries that have suffered very much from the crisis. As a result of this, citizens of Spain, Italy and Greece very often pay in cash, while some buy housing at all without even looking at it. The most popular regions of the capital of Germany are Kroyzberg, Mithe and Prezlauer-Berg. Just in these areas there are currently a lot of foreigners from around the world. A third of the inhabitants here are foreigners. Most of all there are Spaniards. The main reason for which foreigners buy real estate in Berlin is the presence of a desire to save all their financial resources in the most reliable place, that is, away from the motherland affected by the crisis. The whole German capital is suitable for this perfectly.

Russia also attracts a large number of foreigners, since this country is, like Germany, a country that develops rapidly. Apartments in Tavda are popular because their cost is well accessible to every tourist. Foreigners are ready to pay for reliability without noticing very high prices. Along with Switzerland, Germany is a reliable harbor. Constantly expensive rent does not scare away a large number of buyers, while rising prices delight only investors. For investors, this means one thing – in the future they will be able to profitably sell the property purchased now. Berlin real estate diverges like hot pies. As for all other large cities of Germany, here low real estate prices are a rarity.

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