Munich Property boom

[mart123]

Property prices are increasing driven by money shifting from unstable fonds (Share, Ship, film) to safe Property. There was a slow down at the start of the year but the market has picked up again. Long term the market looks great, little property in the city to build on, less developers (unfortunately due to bankrupcy) and a 10% increase in population between 2009 and 2025. Rents are increasing again.

Mind you it's a German boom, so prices won't increase at UK rates but it's should be a nice return on investment, between 3%-6% per year.

If inflation kicks in next year then it will become really interesting.

Martin

 

[Eagles009]

It is nice to hear that Munch Property has been boom.
But how far and what is the exact numbers. Can someone explain it..

 

[mart123]

It is nice to hear that Munch Property has been boom.
But how far and what is the exact numbers. Can someone explain it..

Hi,

Here's an initial indicator, market weakened to the end of the year.

Immobilien Kaufpreise München Wohnungen, Häuser

annual reports should be coming in late feb, Mar.

Martin