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Apartment/Flat Description
20% Instant Equity from €7,800 to €19,658., 80% Loan To Value Mortgages., All Purchase Costs Covered., Low Purchase Commitment Fee of £2,450., Strong, Robust German Rental Market., Full Management Company In Place., Units Pre Tenanted., Yields Being Achieved Between 7-8%., Low Capital Low Risk Robust Investment.
20% Instant Equity from €7,800 to €19,658. 80% Loan To Value Mortgages. All Purchase Costs Covered. Low Purchase Commitment Fee of £2,450. Strong, Robust German Rental Market. Full Management Company In Place. Units Pre Tenanted. Yields Being Achieved Between 7-8%. Low Capital Low Risk Robust Investment.
The German Market
The key reason Germany continues to be so successful is due to the economy?s inherent strength in relation to all other developed economies, and the relative huge undervalue of the property market which did not participate in any meaningful way in the credit binge and property bubble of the decade 1997-2007.
Germany stands alone in this regard, and we are seeing the fruits of prudent economics in the country during the decade of exuberance in all other markets.
Industrial orders climbed significantly as announced on in December 2011 and confidence in exporting to markets outside the Eurozone is strong. The economy is set as fair as it can be, despite the woes of the fellow Eurozone members in Germany, a model which others would do well to emulate
? Unemployment ? Fell from 7.5% to 6.5% ? German 10 Year Bund ? Fell from 3,2% to 2,2% - increased appetite for German government debt ? Mortgage Interest Rate ? 10 year fixed rates fell from around 5% to around 4% by year end. ? Inflation ? increased from 2% to 2.4% ? Stock Market ? DAX dropped around 12% over the last year ? Budget Deficit ? cut from 3.3% to estimated 1.5% ? Exports up 12%, to reach 1 Trillion Euro by year end ? Tax Revenue ? 16 Billion Euro higher than forecast ? Industrial Orders ? announced in December 11 that these increase 5.4%, double expectation
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Approximate price of this 1-Bed Apartment
€61,278 EUR |
£49,041 GBP |
US$76,879 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Apartment |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Build Size |
0.00 |
| Category |
Re-Sale |
| Listed |
132 days ago |
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Map of Leipzig, Freistaat Sachsen, Germany
Real Estate Agent Listing this Property
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Price: €61,278
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