New buildings in Germany
Location and climate
The Federal Republic of Germany is a country in Central Europe, bounded by the waters of the Baltic and North Seas. Germany is a member of the European Union, NATO, and is part of the G7.
The climate in the north is maritime, to the south it is temperate continental.
For the information of the investors: economy, culture, education in Germany
Germany does not have large natural reserves of minerals. The economy is concentrated on industrial production and services. The developed industries are mechanical engineering, electrical engineering, chemical, automobile, and shipbuilding industries. German agriculture is represented by small family farms. Production efficiency is significantly higher than the EU average. The country is the leader in Europe in terms of quality of life.
The number one issue is energy security. For several decades, disputes have continued over the feasibility of abandoning nuclear energy, the timeliness of switching to renewable energy sources capable of generating 65 percent of the country's total electricity by 2030, according to the government. Practice has shown: wind technologies, solar panels depend on the vagaries of the weather, it is difficult to ensure the stability of the supplied energy, interruptions in supply lead to an increase in tariffs. A tough discussion about the commissioning of the practically completed Nord Stream 2 gas pipeline has acquired global significance. The country needs the implementation of the project, but it is important to prevent the supplier from using the gas energy resource as a weapon of pressure in the political sphere.
The system of higher education includes more than 370 educational facilities and about 100 of them are universities, a significant number are state-owned (subsidized by the government).
Germany has made a huge contribution to world culture. The country has long traditions in the visual arts, Hans Holbein the Younger and Matthias Grunewald are famous artists of the Renaissance. Printing, woodcuts, Gothic style art of the sixteenth century are the largest German innovations. The country gave the planet brilliant composers: Beethoven, Bach, Brahms, Wagner. German literature is also known for its great authors: Goethe, Schiller, Mann, Brecht, Hesse. Germany annually hosts the Frankfurt Book Fair (the largest in the world).
Why is it profitable to buy an apartment in Germany in a new building?
In August 2021, the largest increase in real estate prices in the new buildings was recorded in the previous five decades. The cost of housing under construction increased by 12.6%. The last time a serious increase in prices for new buildings in Germany from a developer was noted by experts in November 1970.
The rise in prices for residential complexes in the new buildings is explained by a number of factors. Among them, it is worth noting the increased demand on the world market for wood, steel, insulating materials, an increase in their cost. Experts cite the cancellation of the temporary VAT reduction as the reason (since January 2021, the previous rates have been introduced).
At the moment, against the background of the country's emergence from the economic recession, the boom in prices for housing under construction continues, and the demand for apartments in residential complexes remains high. Over the past five years, in large cities, the cost of rent has also increased (by 20% or more), since about 60% of the population do not own a home, the number of coming is greater than those leaving.
The sale of apartments from developers in Germany provides a number of advantages:
- phased payment by installments (the risk of losses from suspension of construction is reduced);
- getting a discount when buying at the early stages of construction;
- the right to demand a forfeit for the delay in the delivery of a new building;
- high quality, which is confirmed by customer reviews;
- no need for repairs (apartments are sold with equipment, furniture, communications are in excellent condition).
According to information provided by the real estate search engine GEOLN.COM, the minimum price per square meter of an apartment in a new turnkey building in Berlin is 3700 USD.
Acquisition of apartments in Germany from the developers by foreigners
Foreign investors have the right to buy an apartment from a developer in Germany without restrictions on the same terms as the citizens of the country.
Purchasing an apartment in a new building in Germany is a pragmatic investment in a country with a strong free economy, a high standard of living, an opportunity to receive a stable income from renting out housing.
Off-plan property and other buildings in cities in Germany
County of Rietberg
Freiburg im Breisgau
Hattersheim am Main
Kirchheim am Ries
Kirchheim unter Teck
Konigsfeld im Schwarzwald
Landsberg am Lech
Liederbach am Taunus
Neufahrn bei Freising
Gemeinde Neuhausen auf den Fildern
Neustadt an der Donau
Saal an der Donau