| April 2009 Update |
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Welcome
Welcome once more to the monthly update from ProVenture. We hope you are surviving the economic storms and that your investment lives are getting stronger as opportunities arise. We hope you find this short newsletter of interest and that it keeps you up-to-date with the property investment scene in Germany. Kind Regards,
Mat |
| Please click on the following titles to read the content or scroll down to read the whole newsletter |
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Increased German demand bolsters economy |
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Rates come down...again
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Germany in the
the Spring
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What to do in Germany (other than look at investment opportunities!)
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2 new properties
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Your Life in Property...have you seen it?
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On the housing front, Germany was one of the few countries to register price rises in Europe according to the Financial Times on 6 April. Gains in Germany as a whole were 4.5% year-on-year whilst almost all other countries posted losses, some (UK, Ireland and Portugal) were heavy losses. This was Germany's best performance by this measure for over 10 years.
During March,
inspection trips to both Berlin and Leipzig were undertaken. The
weather is certainly helping making the trips more pleasurable and
some clients use the inspection trip as a chance to have a short
leisure break in the interesting cities of the area. Please see the
“Top Tips” section for more information on this. Two inspection
visits are planned in April with clients visiting from UK, Italy,
Russia and Switzerland. For those of you visiting, I hope you have
an enjoyable and worthwhile time.
It is not hard to fill your tourist-day in Berlin. With around 170 museums, glorious town parks, a multitude of shopping centres and a unique history this city is an intrepid tourist's dream. The city can be toured on foot, bus, boat or tourist coach with many tours taking in the parts of the city with stories of the Second World War and the following time when the city was divided by the Berlin Wall. This year marks the 20th year since the fall of the wall and a number of special exhibitions and events are planned. Further afield, but just around 40 mins by S-Bahn, is the district of Potsdam. This area is distinct from Berlin and is the state capital of Brandenburg. Its parkland, numerous castles, boating and museums are what bring millions of visitors here each year.
More info:
In and Around
Leipzig
Leipzig, Saxony,
is around 130km south of Berlin and is a major German city with
around 515,000 inhabitants. The city has a history going to the 7th
Century, with a tradition as a trading city for merchants and
latterly a significant participant in the industrial revolution in
mainland Europe. The fine architecture around the city provides
obvious clues as to the wealth of the city through the ages.
Leipzig is a city of culture and this is what brings the majority of
tourists. With a rich history of classical music and a fine opera
house, the city is a target for lovers of the music of Bach in
particular who was a resident of the city. Should the weather be
favourable on your trip, the parklands of the Clara Zetkin and the
adjoining woodlands to the south of the city are well-recommended for
a tour by foot or by bicycle. A destination for all weathers is the
City Zoo which is a very well-organised zoo over a large area.
Children especially appreciate the opportunity to come up close to
the monkeys, gorillas and giraffes and explore the aquatic centre.
More info:
