Property Abroad News | Overseas Property News | News Articlse

germany flag Germany Property

Location Search

Featured Property

House In Saxony

Fantastic residential / commercial opportunity with chance to increase the already great 11.7% yield to 16% in Dresden, Germany!<br />Apartment Block in Dresden Saxony<br />Foersterlingstr... Prices From: £520,922

Property Details >

Join Our Newsletter

Enter your email address into the box below to start receiving overseas property newsletters.
Be the first to view our new properties:

View Newsletter Archive >>

Property News

Morocco Recommended for Overseas Property Investment
04/07/2009
Morocco is positively vibrant, as it rapidly grows into one of the hottest destinations for tourism .....

Costa Blanca is a theme park heaven
03/07/2009
The region's top theme parks and wildlife parks might make the Costa Blanca the ideal destination fo.....

Cultural activities in Lisbon during July
03/07/2009
Lisbon is one of the thriving cultural centres of Portugal and the wealth of festivals and events in.....

Spanish site added to Unesco World Heritage Committee
02/07/2009
People considering buying property in Spain might be pleased to learn that the Tower of Hercules has.....

credit crunch could boost german property market

News Posted On: 24/04/2009

According to a survey by travel portal kayak.co.uk 60 percent of Britons have no intention of cancelling their winter holiday plans because of the economic downturn. Meanwhile, Grahame McKenzie of tourism website Travel Mole, has predicted that the global downturn will cause Britons to holiday in locations within Europe, such as Spain and Italy, naming France, Italy and Germany, he added:

"Potentially there may be an upsurge in ferry bookings, so people will be able to shove all their stuff in a car and just jump in with their kids and everything."

Liam Bailey, chief market analyst for overseas property portal Property Abroad gave us his views on the reports:

"Firstly, it is possible that the findings from the Travel Mole survey go against Grahame McKenzie's predictions -- for this winter anyway -- of course depending on whether or not some of the 60 percent have made their winter holiday plans to go further afield than Europe, which I believe is a fairly safe bet.

McKenzie's statements give no indication of whether he meant this winter only or winters for however long the 'credit crunch' lasts." While it is highly likely that some people will decide to holiday in Europe, most Britons already do holiday in Europe, so I can't see there being a 'massive upsurge', but even a slight upsurge could generate a boost in European property markets."

"McKenzie being right would make the biggest difference to Germany, because German property traditionally has very low rental yields, because of government restrictions, and because of the fact that very few Germans own their own homes meaning that most rentals are residential.

This would -- possibly very quickly -- give Germans the ability to raise their rental rates on short-term leases only, because the government would see the positive effect this could have on the economy combined with the increase in tourism."

Property Abroad has over 300 properties in Germany , with prices starting at just over £29k on a tenanted 1 bedroom Berlin apartment. Untenanted German apartments are always priced slightly higher; for example a 1 bedroom untenanted apartment in Berlin -- though in a different area -- is priced at £46,405.

View our properties for sale in Berlin here

Back to news articles for this country

Related Articles in Germany

Buy property in Germany and make friends
14/05/2009
People thinking of buying property abroad with a view to relocating to a foreign country might wish .....

Buy property in Germany for top infrastructure
30/04/2009
Investors in property abroad might wish to acquire homes in German cities if they want to enjoy some.....

Property in Germany an overview
27/04/2009
An overview of the German property market and how it has evolved over the past couple of years - whe.....

Credit Crunch Could Boost German Property Market
24/04/2009
Liam Bailey from Property-abroad.com comments on the German property market and the positive effect .....

100 Billion Euros gives German Property Investors Hope
16/04/2009
The German Government is about to unveil a multi-billion Euro fund to assist businesses that can't o.....

Your Property Shortlist

You currently have 0 (max 10) properties in your overseas property shortlist.

Recently Added

Villa Sun

2 bed Bungalow
Altinkum - Turkey

Bungalow promotion term begins for our interested ... Prices from: £89,000

Property Details >

Villa DeGier

3 bed Bungalow
Altinkum - Turkey

Villa DeGier We are in our new promotion term f... Prices from: £130,000

Property Details >

Newly Built 2 Bedroom Modern House with Garden. St

2 bed House
Crete - Greece

Newly Built 2 Bedroom Modern House with Garden. St... Prices from: £105,000

Property Details >

FELICIA RESIDENCE DUPLEX APARTMENT

2 bed Apartment
Altinkum - Turkey

There are two blocks to this development consistin... Prices from: £44,000

Property Details >

MELTEM DUPLEX APARTMENT

3 bed Apartment
Altinkum - Turkey

This fantastic duplex apartment has a fully fitted... Prices from: £43,000

Property Details >