Property company David Stanley Redfern has revealed that Germany is the fourth most searched for country on their website. It was also the ninth most visited among site browsers. 
 
According to Liam Bailey, David Stanley Redfern's Head of International Research, this consumer confidence is justified. He predicts that expectations of an interest rate rise by the European Central Bank (ECB) will encourage property investment in Germany. "Germany is a prime target for investors thanks to robust economic growth and stable property prices," he says. "And according to Commerzbank, Germany's second-largest bank, investors are likely to shift assets from countries more advanced in the cycle, such as Spain and the UK."
 
Bailey continues: "We have long been talking about the major players in the financial sectors entering or re-entering the German property market and buying apartments in bulk. It stands to reason that some equally big players outside the financial sectors would follow them in anticipating the likely effect the former's clout would have on the market. In fact, the effects have and are already beginning to be seen, with rental rates rising across the board and the mood, even in Berlin - where less than 20 per cent of the population own their own homes - changing from renting to buying as the latter becomes more economically sensible given the rising prices of the former."
 
One area of Germany which experts expect will be given a boost from major financial investments is Frankfurt. With German property still only seeing sluggish growth, one way to take advantage of the bugeoning economy may be through investing in a hotel suite in the city. "Frankfurt is the financial heart of Germany and with over 170 hotels it regularly achieves over 80 per cent occupancy, demonbstrating steady increases year on year," says Mank Bingham, Managing Director of property company Owner Invest. "In the sluggish German property market, investing into hotel suites in a city that demonstrates such a high occupancy rate has to be regarded as one of the shrewdest investment opportunities ever."
 
For those after a more traditional German property investment opportunity, Berlin is undoubtedly the place to look. Nordtadt is currently offering spacious two-bedroom flats in the Berlin-Zehlendorf district for a starting price of 198,000 euros. 

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For more information please visit 
www.nordstadt.com
www.davidstanleyredfern.com
www.ownerinvest.com

Article published 8th July 2008