Whether Alster, Elbe or HafenCity situation, all these “very good” residential locations of Hamburg have one thing in common: there are layers of the water. And how in the second half of 2011 once again demonstrates the value of this development is sustainable. The local real estate not only provide long term secure cash investment of which the residential property market on the Alster, the Elbe and the port city shows itself remains unaffected by the crisis. Well-funded clientele looking desperately for suitable properties.
A very high demand is pushing some of them very scarce supply. No sign of falling prices. The opposite is the case. It is supported currently on phase one of the best market is still very low interest rates. Secondly, the concern about the stability of the euro can, over high inflation and the financial situation in some southern European countries, the current rise in demand all over again noticeably. Immonet.de storms also the Hamburg and German real estate market and rinsed according to the press about 100 million in the coming years in the online portal – see Axel Springer Verlag, despite the impending crisis, and perhaps because of the crisis has yet to BOOM. Does it meet with the EU to the end of the bubble will increase. So at least the forecast.
Alster market information: The property market in the neighborhoods around the Outer Alster in Hamburg is one of the most stable real estate markets throughout Germany. The market zeichnetsich by the fact that the demand exceeds the supply always significantly. So also present.
Market Development:
The Alster and the market town centers of German cities continue to develop strongly. Currently, he is characterized by an extremely tight supply. Still looking for many potential customers a safe investment option for parts of their assets and find it in the form of real estate in Germany’s “TOP” layers. Demand from this group in particular are interested in condominiums up to approximately 1 million €. But even in the segments 1 to 2 million € and the townhouses, there is still huge buying interest and a rather scarce supply. The price level in the past year once again risen moderately. In
some areas have recorded even more price increases. As before, buyers are willing to pay more for exceptional property in a prime location and ideal, contemporary condition collector’s prices. The demand of the buyers of quality, condition and equipment, however, is higher than ever! Overcharge claims can not be realized so. Nelting & Karänke also notes that the average marketing time has shortened even further to just a few months and are often highly sought offers in a few days or weeks taught.
Real estate investors storm the market and know no boundaries. Good advice is to invest everything and brokers such as Jones Lang LaSalle, CBRE and have seats like never before. For 2012 predict large real estate company no adverse change in market activity, as long as interest rates are not significantly moves-the upward trend is up and that will not change in the Hanseatic city gained such a fast