Germany - property powerhouse of Europe

Mark Bingham Managing Director of Owner Invest said, “Germany has long been admired, especially in light of its 1990 reunification which many thought would be the undoing of this sleeping giant. If anything, the complete opposite was true and we saw a united Germany battle the odds to become a major European player. However such was the success of its financial turn around that many predicted that the property market was destined for great things some years ago. This was not meant to be and Germany has had to bide its time. Now, unaffected by the credit crunch and enjoying financial stability it is angling for pole position in the European arena.
The proof of Germany’s future prosperity is twofold; firstly there is the fact that many private equity funds have invested billions into the German property market. This is a strong indication that the market will rise significantly in the coming years. Secondly the German banks have now started to introduce investor friendly mortgages which will undoubtedly help shift the percentages on owner occupation and rental. The position that Germany now finds itself in is not dissimilar to the UK market of the 1990’s, when the UK experienced a surge of investors buying up cheaply priced properties in order to re present them to the rental market. The UK market flourished as a result. Germany is undoubtedly the number one European country to watch.”
Owner Invest are now offering a limited number of investors the opportunity to participate in a hugely successful hotel industry by purchasing suites at the Nest Hotel Frankfurt. Nest Hotels are budget boutique hotels who have adopted ‘no frills chic’ as their motto and have been designed and built with the budget conscious traveller in mind. The look and feel of a Nest Hotel is centred on beautifully constructed, state of the art living spaces that are modern, relaxing and contemporary. Rooms come equipped with facilities designed to make the guest feel at home including plasma TV, Wi-Fi internet access and power showers.
Mark continues, “Frankfurt is the financial heart of Germany and is home to 3000 branches of foreign companies and host to 600 banks. With some 170 hotels boasting 24,000 beds, it is currently enjoying 80% occupancy with a steady increase year on year.”
Prices at Nest Hotel Frankfurt start from just £60,000 with interest free 5 year developer finance available. Additionally this investment has been approved suitable for a SIPP. Owner Invest are happy to arrange a new SIPP and also arrange the transfer of existing assets with no set up or transfer fees
For more information, visit ownerinvest.com.