German market - new opportunities for rental business
The geopolitical and energy crisis in the world has a ripple effect in the German real estate market. Starting from Q3 2022, there has been a steady downward trend in residential real estate prices. Experts say there are several reasons:
- record inflation rates, it has already surpassed the level of the 50s of the 20th century;
- an increase in interest rates for construction, as well as increased costs for the construction itself;
- the cost of energy resources in the market also cannot be ignored. The level of energy efficiency of the premises has a stronger effect on its cost.
Nationwide, there is a re-orientation of activity from buying to renting - its rates are steadily growing.
In other words, now is the best time to invest in residential real estate: buy cheaper, rent more expensive. Each crisis has its advantages, and you should better find them. We can help you seize the moment.
We offer a worthy option for investment in Wiesbaden. 3 houses for sale located close to each other in a cozy historic district of the city. The total number of apartments is 13. All apartments are renovated and in good condition with central heating and high speed internet. The windows offer a beautiful view of the surrounding area.
The total cost of the object is 3 302 271 euros, including all taxes and fees. Discover more info about the object here.
And this is just one of the options.
Further more! Stay tuned for new info.