Luxury Properties: Germany

property-85290000000001ce0007577e79ec-30288261

By Silvio Pagliani | Recent figures on the luxury property market from LuxuryEstate.com confirm that Germany is attracting a lot of interest from global investors.

The luxury property platform has found that of all the cities in Germany, Berlin and Munich are attracting the biggest spenders worldwide, with luxury properties in Berlin and Munich raising a value that is 30% higher than the German average.

LuxuryEstate.com have found that Saudi Arabian investors look for property more frequently in Munich, with an average budget of £2,825,285 in the whole of Germany and a considerably higher budget in Munich with £4,867,628.

Investors from Austria are amongst the biggest spenders with searches on the platform reaching as high as £3,353,281 for properties in Germany.

Investors from Austria are amongst the biggest spenders with searches on the platform reaching as high as £3,353,281 for properties in Germany. Austrians are mostly attracted to property in Munich. These investors are searching for property in the city with an average budget of £979,978.

Swiss investors are also more attracted to Munich, with searches averaging a budget of £3,827,746, compared to a budget of £2,449,667 in Berlin and an overall budget of £2,511 491 in Germany.

Berlin, on the other hand, is attracting higher budgets from investors in Kuwait and Russia, with searches on the platform averaging a budget of £2,929,905 and £2,748,928 respectively. Investors from the United States are also more interested in luxury property in Berlin with an average budget of £2,789,554 in Berlin and £2,521,488 in Munich.




There are no comments

Add yours