Germany’s in the doldrums - so buy now

there have been several stories about how Germany is in the property ‘doldrums’. But that may be the best reason to buy now…

Location, location, location. They're the three golden rules of property. Yet they seem to have been forgotten in recent years as people rush to snap up bargains' across the globe, no matter how far from home or desolate the surroundings. But for property investors who'd rather not have to take a long-haul flight any time they want to inspect their purchases, there is still one location in Europe that offers value and a potentially excellent return on your investment: Germany.

Following the release of Knight Frank's Global House Price Index a few weeks ago there have been several stories about how Germany which came in at the bottom of the index, with prices dropping 6.9% last year is in the property doldrums'. However, that may be the best reason to buy now. "Investors should look at Germany exactly because it is at the bottom of the league table," says Knight Frank's head of research, Liam Bailey. There are a number of reasons why the German property market has not participated in Europe's property bubble, and these can work to an investor's advantage.

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