Since savings deposits are hardly paying interest, interest in other forms of investment continues to increase. Especially real estate is in demand, more and more private investors want to invest in the so-called concrete gold. However, the timing could be better: market demand has been high for years, with skyrocketing prices in many regions.
Objects are becoming more and more expensive
This is especially true for the economically strong conurbations. For example, if you want to buy an apartment in Munich, Stuttgart or Frankfurt, you have to dig deep into your pocket even for smaller objects. In addition, the prices have also attracted in regions that have attracted many private investors so far. Especially in the new federal states are several leaders in terms of price rise again. Both in Leipzig and in Rostock, prices rose by over 25 percent last year.
Many interested parties are therefore looking for new opportunities
Many interested parties are therefore looking for new opportunities. However, these are not so easy to find. In the end, it’s almost likely to acquire properties in regions that have good economic prospects. Vacation properties in the mountains or on the coast remain a niche. M ore private investors want to invest in the so-called concrete gold.
Targeted object selection is indispensable
For potential buyers, it is therefore all the more important to take the close look at individual markets. Only those who invest time and look around well in the position to make attractive investments. For example, it is important to know the average prices and to have the ability to evaluate individual properties in terms of their costs.
Despite this difficult situation, there is still consolation: interest rates are still extremely favorable. Thus, it is possible to set relatively high repayments, so that the objects are quickly paid off and promise to return on investment.