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Some useful tools to help you calculate your mortgage repayments

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bullet Glossary of mortgage terms

Mortgages in Germany

 

Mortgages in Germany

International Buyers Guide for property in Germany

Germany: Some Good Advice

WHY INVEST IN GERMANY?

Germany is the biggest economy in Europe with the most undervalued property market according to the OECD. Where the average tenancy is 7 years and yields of 12%+ are a reality. It is a country with a sophisticated rental market- between 60-85% residents are tennants, depending on city. In turn, this leads to truly cash flow positive investments. You can buy with assurance. The German legal system and land registry are as secure as anywhere in the World.

No capital Gains Tax after 10 years.

SOME FACTS:

Up to 80% finance on a property is possible, through The Mortgage Explorer

Typical Finance is around 3.9% for a 5 year Fix Mortgage or 4.6% for a 10 Year Fix

German Tenants remain in their apartments for an average of 7 years

Management costs are very low, around 5% for full house and tenant management

Apartments are let on an unfurnished basis, with tenants often supplying their own kitchens, lighting and other fitments

 

Currency Euro

Mortgage type

Capital Repayment

Maximum Loan Amount Up to 54%* Loan to Value
Minimum Purchase Price Not Applicable
Minimum Loan Amount 50,000 Euros
Minimum Interest Rate From 2.39%
Valuation Arranged by lender
Term Up to 35 Years or up to 75 years of age, whichever is earlier
Payment Method Monthly
Insurance For client's account
Security First legal charge of mortgage over the property
Purpose of Loan Residential property. Purchase off-plan, re-sale, re-mortgage and equity release
Lending Area Throughout Germany
Credit Assessment Clean credit report from credit office
Applicants Non residents and Registered companies including Offshore
Status of Property Investment Property. Buy to Let, Residential, Commercial
Type of Rate Fixed, Variable

*subject to valuation or purchase price, whichever in the lesser.

 

 

 

 

 

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