Since most Germans prefer to rent rather than buy their apartments, purchasing properties in Germany for investment can be a very good idea. There are two possibilities to make money out of your new property – either to resell it or rent it out. First you need to choose your option and then proceed accordingly. If, for example, you prefer to be a landlord and offer short-term leases of furnished apartments, then you shall invest in cities like Frankfurt, Düsseldorf or Munich. And one of the most important characteristics to consider, when buying an investment property that you want to rent out, is its location.
What is the process of buying properties in Germany?
It is fairly easy to buy a house or apartment in Germany, since there are no restrictions for foreigners who want to invest in real estate and you can even expect to get financing covering up to 60% of the purchasing price. The process starts by making an offer for the property you have chosen with the help of your agent but you shall be aware that the agent will place the bids of other interested clients as well. Once your offer is accepted by the seller, though, you can start the ball rolling by securing a Notary to draft the documentation and the necessary financial means, as well. Be advised that the entire procedure of purchasing and registering your new
property in Germany may take at least three months.
Is the cost of acquiring a new property in Germany high?
The overall costs related to paying taxes or fees for realtors and legal services are estimated to be moderate to high. The buyer covers most of the expenditure related to the acquiring of a new property, such as the real estate transfer tax, the Notary and registration fees, while the remuneration for the broker is split between the two parties on the deal. So the average transaction costs that are covered by the buyer are in the range between 7.23% to 12.77 % as per the estimates made in 2015.
Buy a property in Germany if you plan to stay longer
If you have intension to move to Germany for a period longer than 2-3 years, perhaps it is a good idea to consider buying a property there. Mortgage rates are relatively low and the tendency is to remain like that, while there aren’t significant fluctuations in the price of apartments or houses offered on the market. Be sure to research the options offered in advance and better choose a property in an area with good infrastructure.
You can see some good offers at our website
https://www.domaza.co.uk/properties_in_germany/
Investment 
