Efestio - Blog

Germany

Germans are ready to lease and sell real estate properties

  • 25.08.2020

German Company Civey, which specializes in polls, decided to research the attitude of property heirs in Germany regarding their assets. Newspaper Der Spiegel, one of the largest national publicists, mentions the following. The reason for conducting sociological research was the rapid rent increase, which was caused by the pandemic of corona virus. It was proven…

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Germany Is The Most Innovative Country In The World

  • 10.02.2020

Germany became the leader in the Bloomberg Innovation Index 2020 ranking, overtaking South Korea, which has been at the top of the list over the past six years. Top 10 most innovative countries in the world according to Bloomberg Innovation Index 2020: 1. Germany; 2. South Korea; 3. Singapore; 4. Switzerland; 5. Sweden; 6. Israel;…

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Latest News From The German Residential Real Estate Market

  • 31.01.2020

According to the assessment of the Hamburg Institute for Urban, Regional and Housing Studies, in the third quarter of 2019, in Germany, prices rose uncontrollably. Experts expect that the dynamics will continue in 2020. The value of German real estate has increased by almost 50% from 2008 to 2018, according to the latest data. This…

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A New Leader in Real Estate Rental Prices Appears in Germany

  • 16.12.2019

Munich held the title of the most expensive city to rent out in Germany for 20 years. But, now, the situation in the real estate market has changed. Stuttgart bypassed the capital of Bavaria. In Stuttgart, the average net rent (excluding additional costs such as heating and insurance) reaches €10,41 per square meter, according to…

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A Tiny Apartment For a Miserable Cost In Berlin

  • 13.11.2019

Van Bo Le Mentzel is an engineer-architect focused on finding alternative construction options and creating multifunctional things that save space, time, and money. The main idea of ​​Le Mentsel’s works is getting rid of social problems. He has already come up with a DIY furniture project that anyone can assemble on their own. An apartment…

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German Real Estate Market 2019

  • 17.10.2019

Despite the high prices, there are high chances that this year new records will be set in terms of investment. According to the forecast of NAI Apollo Group, €55-60 billion will be invested in German commercial real estate in the year 2019. Retail property In the second quarter of 2019, the volume of transactions with…

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Why Do Germans Move to the Suburbs?

  • 05.06.2019

Real estate in Germany continues to rise in price, mainly due to the active internal migration of young Germans and a large influx of foreign labor. The lack of affordable housing is forcing more and more families to leave big cities and move to the suburbs. As a result, the prices for apartments and houses…

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How much does it Cost to Own a Car in Germany?

  • 25.05.2019

After buying and registering a car in Germany happy car owner thinks the main spending is ended. In fact, owning a car in Germany is not cheap. And the more expensive the car, the more expensive is its operation. German Car Tax Owners of cars are required to pay tax on car ownership in Germany….

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Russian Investors and the Mortgage in Europe

  • 07.04.2019

In a number of European countries, banks are ready to issue mortgage loans to foreigners, including Russian citizens. In today’s article, we’ll stop on Bulgaria and Germany, and try to figure it out what expects foreign investors in these countries. Bulgaria Last year Bulgaria became one of the most popular destinations for Russian investors. The…

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Why Do Germans Move to the Suburbs?

  • 05.04.2019

Real estate in Germany continues to rise in price, mainly due to the active internal migration of young Germans and a large influx of foreign labor. The lack of affordable housing is forcing more and more families to leave big cities and move to the suburbs. As a result, the prices for apartments and houses…

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German Real Estate Current Situation

  • 25.11.2018

The tendency to rise and fall in prices in the German real estate market has a certain cyclical nature. There is an approximately seven-year price increase cycle, then its decline occurs, and then the curve creeps up again. What Awaits Us in the Germany Real Estate Market in the Near Future? German property prices have…

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Is it Possible to find Affordable Housing for Students in...

  • 07.11.2018

Today, one of the most important factors when choosing a school in Germany is the opportunity to choose affordable housing for a student. If earlier the key criteria when choosing an educational institution in Germany were the authority and reputation of the university, the teaching staff, international exchange opportunities, and employment prospects, today these factors…

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Residence Permit Card in Germany

  • 13.08.2018

Germany is one of the most popular European countries for immigration. According to the Federal Bureau of statistics of the country for 2013, 16.5 million foreigners live here, which is 20.5% of the total population of the Bundesrepublik. Turks population represents 12.8%, Polish – 11.4 %, Russians – 9%, Kazaks – 6,9%, Romanian – 4.4%,…

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In Germany, it is More Attractive to Take a Loan Than to...

  • 04.06.2018

Recently, the Homeday company has published the results of a study of the real estate market in Germany, which aimed to determine how long Germans have to work to save up for housing. Residents of large cities like Berlin, Frankfurt, and Munich will have to put money aside for a longer period. As an example,…

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German Real Estate Market Overview

  • 12.05.2018

The German economy is stable. Low unemployment rate and rising wages have a positive influence on German purchasing power. Analysts of the leading German banks expect that in 2018, the growth of the economy will exceed 2%. DZ-Bank forecasts 2.2% of GDP, Deutsche Bank – 2.3%. Germany is probably the first direction, which is considered…

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