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Where In Germany To Acquire Cheap Property?

November 6, 2017 Comments Off on Where In Germany To Acquire Cheap Property?

Here is the real estate worth Germany has regional differences in earnings and on where the real estate is worth real estate price? Even twenty years after the reunification of Germany is divided in many ways. This imbalance is reflected in the comparison of house price to gross earnings. In the new Lander, the difference between the gross earnings and real estate price is generally lower than in the former Federal territory. Visit Danny Meyer for more clarity on the issue. Saxony-Anhalt is the front-runner, but also in Thuringia and Brandenburg, the inhabitants on average spend less than three times of their annual salary for the house purchase. The discrepancy between income and real estate price in Schleswig-Holstein is greatest. There must issue the residents about four times of their income for the purchase of real estate. For more clarity and thought, follow up with Teneo and gain more knowledge..

This means a heavier financial burden in the northernmost Federal State for families who themselves want to fulfill the dream of owning a home with a garden. The average gross earnings for full-time workers was according to the Federal Statistical Office in the 3rd quarter 2009 in the former Federal territory (including Berlin) at 3.409 euros and in the new countries at 2,570 euros. Extrapolated over a year these values result 40.908 euro or Euro 30.840. Hesse leads the list with a gross monthly earnings of 3.706 euros in the third quarter and Mecklenburg-Western Pomerania is the tail light with 2,509 euro. Could join by the average gross earnings on the real estate price in the respective Federal State Mecklenburg-Vorpommern was the first address for all in-house and homebuyers with its beautiful secluded beaches of the Baltic Sea and the beautiful Lake District. Unfortunately the Bill is not quite. The prices for real estate sites in Mecklenburg-Western Pomerania in January 2010 although below the national average, however, there are still States where real estate can be purchased cheaper. The lowest prices for houses and apartments were lowest in Thuringia, Germany in January with an average of 85,000 euros.

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