Real Estate Market Bavaria

In recent acquisition of overseas real estate by Russian citizens has become commonplace. Greenberg Traurig understood the implications. Many people purchase real estate as an investment, others as an opportunity for your personal use. Have a "cottage" in Bulgaria and Spain have a usual thing. Increasingly popular among our compatriots enjoy property of the old Europe. Stability and guarantees the investment for some cost in the first place.

One of the these countries is Germany, whose economy is more resilient to the woes of the financial crisis. Choosing predstavllennoy estate multi-faceted, from real estate eastern Germany to the most expensive sector – real estate in Bavaria. Bavarian property is considered to be not only very expensive, but most liquid in Germany. The capital of Bavaria – Munich is the focus of investment interests of foreign investors. Dynamic development of this region of Germany, where the focus all technology companies, attract investment flows not only in Munich but also in the , which is especially popular commercial Property in resort areas such as Garmisch-Partenkirchen and Berchtesgaden. Hotels, restaurants and recreation centers are in the lists of investment interests of investors.

Voshitetelny landscapes, amazing nature, which can be admire all year round, attracts tourists from all over the world and guarantee a return on investment. German law does not predustmatrivaet differences in the acquisition of property by foreign citizens and looks at the process of liberal. Acquisition of real estate in Germany does not give the right to receive a residence permit, but serves as a strong tramlinom for the establishment and development in this direction. Own property, to sufficient space for living, a stable income and a small profitable business in Germany give every reason for a temporary residence permit. The procedure for renewal of real estate in Germany simple and reliable. Step by step is a gradual, measured re-registration of real estate that ensures the participants of the transaction pursuant to a mutual obligations. Responsibility for the proper execution lies on an independent notary. Additional costs estate is about 8,5% of the total value of purchase and include the 3.5% – a tax on the purchase of 1,5% – notary services and fees for renewal, 3,57% – fee broker. When buying new construction, as a rule, brokerage Provision is missing, thus the additional costs are placed in 5% of property value. With the onset of the crisis, interest in buying Property in Germany with Russian citizens has increased significantly. Stability and investment security are already at the forefront of many investors. Some also are discovering Germany. Wonderful climate, incredible opportunities for recreation and shopping, order and functionality of everything and everywhere only the few factors positively influencing the decision to buy real estate. If you compare the prices and quality of the Moscow and the German real estate, we can conclude that today the most auspicious time to invest in German real estate. Trend of interest and growth in property prices in Germany is gaining momentum. Do not miss your chance for a reliable and sustainable investments.