Escape to the property is the current investment trend

Besides gold and diamonds are now residential properties in large cities as an interesting investment. In the second in Spain waiting for some bargains.

Properties were in property financiers and advisers as long Dröge and unsexy. The global financial crisis is now a new way of thinking, safety ranks high yields now available. Even the British news agency Reuters has recommended the end of February 2009, residential real estate in Germany as a safe investment to consider. “German homes as good as gold”, the famous headline Agency – German homes as good as gold. The preference for them in the big cities like Hamburg and Munich, but Bonn am Rhein, with its UN offices is considered attractive.
German urban residential real estate are considered to be safe

Compared to England, the German property market as a safe harbor in the storm, but generally fell in Germany at the end of 2008 property prices on average by less than one per cent, in England, however, by 14 percent. Since there are hardly any new buildings in the residential sector and rising rents are as low Wohnimmibilien stable than office and commercial premises, hotels or warehouses.

And what about in real estate abroad? For a second or a wintering headquarters was at the Germans as long as Spain and Mallorca in particular popular. But many startled the Zubetonierung from the coasts of Spain and his rapid descent into recession with depending on the region from 14 to 18 percent unemployment – and rising. In addition, there was a German safe-land soil conditions deviated Spanish law, the expropriation in favor of potent Baunternehmer enabled. But that is probably in the future, final, because the EU is now in this mismatch.
A buyer’s market in Spain Real Estate

Anticyclical behavior is in the economic crisis called for: The pendulum on the Iberian peninsula on the coast is in favor of the buyer handled: The prices of real estate, especially apartments, have fallen rapidly as long gone and today is only about 80 to 70 percent the price of 2008. And for the first time since 1961 Spain a jumbled lists the cost of living with an index of -0.1 percent.

And yet it is among professionals behind leveled hand a bit to wait, still believe that the optimistic Spaniard, the crisis had passed again next year. But the prices are at the beginning of 2010 further einknicken: Then especially the banks, because of the bursting of mortgages on unsaleable and, to some extent unauthorized property sit on the big sellers include bargain.

At the right time to wait

But it also means not to wait too long, or else forfeit the empty apartments back into ruins and the warranty has expired. And in any case, the “primera habitación,” the acceptance by the municipality to confirm, not vertrösten make following the motto: “The near future will determine how the water and electricity in the coming days” – there are too many counter-examples to the Spanish coast.

In any case, do not forget to take action – who without it may Gasparilla Real Estate: You can contribute to conditions such good time to act out as never before, in and at every business and especially now in real estate.