Currency: Euro
Language: German
Capital: Berlin
GDP: 2007 estimate – $3.405 Trillion; Per Capita - $36,975
The German property market is now on the verge of a property boom and investors can step on to the market with the reassurance that they are investing into a highly prosperous and pivotal European country. A strong and competitive export industry and a government committed to economic reforms suggests that this sleeping giant is awakening from its long slumber. With private equity firms investing billions into the property market there is a strong indication that the property market is going to rise significantly over the next few years which is the reason why 2007 is the time for private individuals to invest in the country, with a specific focus on Berlin and Hamburg.
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