As the Spanish magazine "Comprendes" reported that the Spanish real estate crisis is far from over yet. Especially Mallorca is far from over the mountain. Before the global financial crisis had market heated up enormously: Prices shot up everywhere, and was built. There is now a large oversupply, prices have really let buckle.
The magazine refers to a report by the Spanish newspaper "Ultima Hora", which refers to high discounts are talking about. Operating on the island of financial institutions have begun to sell off their homes literally. Discounts of up to 60 percent have now been achieved. At the same time go several experts predict that prices will fall further.
Particularly interested in German should this development come in handy. Many people dream of moving to Mallorca, for example, there to enjoy the remaining years. However, holiday homes and cottages are the dream of many a German. Accordingly, it is assumed that'll open in the near future a number of German in order to seriously look at the Mallorca property market.
Thursday, December 2, 2010
Sunday, September 5, 2010
properties in cape town.
We are looking for properties for sale in Cape Town. If you do have something on offer please advice.
Wednesday, August 11, 2010
The property is back in
Low interest rates stimulate the demand for home ownership. Property in Frankfurt am Main are now almost as expensive as residential real estate in Munich.
Time for house construction? Interest rates are currently at historically low levels.
Historically low interest rates and bitter experience from the global financial crisis, the property is worth substantially to a relatively safe investment opportunity. Well one in four Germans wants to use the low interest for the purchase. This is the conclusion of a representative survey of the Internet portal Immowelt.
Loans must have currently very favorable. With ten years of commitment to the effective interest rate is around three percent. Accessing or wait? A flat-rate forecast for the whole of Germany can not deliver, but the regional markets are too different. "The higher the wealth, the higher the prices," says the association of the country's building societies (LBS) in its current, detailed market analysis.
It can also derive the prediction: in metropolitan areas like Munich and Frankfurt am Main, real estate prices and rents are relatively high and likely to increase in the future something more. Stay at affordable prices, there are rare. "In Berlin, a housing shortage in the foreseeable future is unlikely," says Barbara Smith, spokeswoman for the Internet portal Immowelt the Frankfurter Rundschau.
Frankfurt, with net rents of more than eleven euros per square meter now almost as expensive as the Bavarian capital. In the Mainmetrople the average is currently at € 11.08, on the Isar at € 12.14. The highest rents are in Frankfurt's Westend with fork out an average of € 15.14. For even higher quality equipment € 30.83 is required. Inexpensive it is in the peripheral regions, such as Immowelt has found in a recent study. There are sometimes still hiring of six euros in it.
Even condos are exceptionally expensive on the Main. The purchase price is on average 2619 € per square meter. On the outskirts of the city, such as Hoechst, the dream of home ownership can be achieved already for 1700 €. By comparison, in Berlin, ranging from 1600 to 2300 €.
The purchasing power is higher in Frankfurt. However, an average detached home costs currently also a proud 644 016 € - appreciate and rising as real estate professionals with a view to re-recovering economy. A continuing downward trend takes on, for example Immowelt for Northern Hessen.
Province is better than big city
For the 16 states has emerged in recent years follows. "The value of a house in eastern Germany is lowest and increases counterclockwise on the north and west into the 'rich south,'" ascertaining numerical LBS experts. Apart from some "Better-Living-on-the-country-region" is in the south of the Republic continues: The province is cheaper than the big city.
A change of mood post the mortgage lender being especially new construction. With a renewed increase in demand for the building societies expected but also in existing homes. Last year the building permits for new dwellings are first time in years, rose by 1.9 percent to 178 000. Too little, experts say, with a view to lost approximately square by demolition, increasing single-person households and higher space standards.
LBS experts estimate that increasing the per capita demand alone in the West today 47 to 54 square meters by the year 2030. To the east is expected to increase from 43 to 55 square meters. Against this background would actually be built per annum 270000-350000 apartments in Germany until 2025, was the verdict of the majority of housing industry experts.
Time for house construction? Interest rates are currently at historically low levels.
Historically low interest rates and bitter experience from the global financial crisis, the property is worth substantially to a relatively safe investment opportunity. Well one in four Germans wants to use the low interest for the purchase. This is the conclusion of a representative survey of the Internet portal Immowelt.
Loans must have currently very favorable. With ten years of commitment to the effective interest rate is around three percent. Accessing or wait? A flat-rate forecast for the whole of Germany can not deliver, but the regional markets are too different. "The higher the wealth, the higher the prices," says the association of the country's building societies (LBS) in its current, detailed market analysis.
It can also derive the prediction: in metropolitan areas like Munich and Frankfurt am Main, real estate prices and rents are relatively high and likely to increase in the future something more. Stay at affordable prices, there are rare. "In Berlin, a housing shortage in the foreseeable future is unlikely," says Barbara Smith, spokeswoman for the Internet portal Immowelt the Frankfurter Rundschau.
Frankfurt, with net rents of more than eleven euros per square meter now almost as expensive as the Bavarian capital. In the Mainmetrople the average is currently at € 11.08, on the Isar at € 12.14. The highest rents are in Frankfurt's Westend with fork out an average of € 15.14. For even higher quality equipment € 30.83 is required. Inexpensive it is in the peripheral regions, such as Immowelt has found in a recent study. There are sometimes still hiring of six euros in it.
Even condos are exceptionally expensive on the Main. The purchase price is on average 2619 € per square meter. On the outskirts of the city, such as Hoechst, the dream of home ownership can be achieved already for 1700 €. By comparison, in Berlin, ranging from 1600 to 2300 €.
The purchasing power is higher in Frankfurt. However, an average detached home costs currently also a proud 644 016 € - appreciate and rising as real estate professionals with a view to re-recovering economy. A continuing downward trend takes on, for example Immowelt for Northern Hessen.
Province is better than big city
For the 16 states has emerged in recent years follows. "The value of a house in eastern Germany is lowest and increases counterclockwise on the north and west into the 'rich south,'" ascertaining numerical LBS experts. Apart from some "Better-Living-on-the-country-region" is in the south of the Republic continues: The province is cheaper than the big city.
A change of mood post the mortgage lender being especially new construction. With a renewed increase in demand for the building societies expected but also in existing homes. Last year the building permits for new dwellings are first time in years, rose by 1.9 percent to 178 000. Too little, experts say, with a view to lost approximately square by demolition, increasing single-person households and higher space standards.
LBS experts estimate that increasing the per capita demand alone in the West today 47 to 54 square meters by the year 2030. To the east is expected to increase from 43 to 55 square meters. Against this background would actually be built per annum 270000-350000 apartments in Germany until 2025, was the verdict of the majority of housing industry experts.
Friday, June 25, 2010
properties for sale
Anyone that has properties for sale may please contact us. Any house, flat, villa, town house, stands or any other property or real estate for sale is of interest. And can be placed on this web site.
Sunday, June 20, 2010
boksburg flats
There are flats in Boksburg on the East Rand for sale. Please have a look at the offers.
Wednesday, May 26, 2010
real estate agent
Saturday, April 3, 2010
Guide to Property Development for the Small Investor
Labels:
book-reviews,
property-development,
small-investor
real estate finance and investments
The Fourteenth Edition of Real Estate Finance and Investments prepares students to understand the risks and rewards associated with investing in and financing both residential and commercial real estate. Concepts and techniques included in the chapters and problem sets are used in many careers related to real estate. The material in this edition is also relevant to individuals who want to better understand real estate for their own personal investment and financing decisions.
The Fourteenth Edition is designed to help students learn how to evaluate the risk and return associated with the various ways of investing and lending. Upcoming students who are interested in this field can use this book as a guide to perform the right kind of analysis to make informed real estate finance and investment decisions.
Monday, February 1, 2010
real estate book reviews
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