Latest Insurance News
German property hotspots suggested to investors
14 Mar 2012
Those looking to invest in German property have been advised that Bremerhaven and Leipzig are both good bets to see strong returns by ProVenture Property.
Partner at ProVenture Mat Littlecott has suggested that the two locations represent strong bases for investment, as opposed to Berlin which he describes as “overpriced”.
According to Mr Littlecott, while property in Berlin may come across as cheap, in actual fact it can be a little deceiving as the city itself is quite a poor one and doesn’t have the economic rental than Paris or London have.
Mr Littlecott said: “The hotspots would be the city of Bremerhaven, [which] is very good value at the moment and is really taking off - there is massive employment and people moving into the area.
“Leipzig is a beautiful city, it looks like Prague and it is developing very quickly."
ProVenture Property is a professional property investor with more than 15 years experience of investing in the European market, having recently shifted its focus to Germany.
Posted by Judith Stevenson