Investors and non-investors in Germany

Interest rates and Germany

It is the best time to take a low interest loan for purchasing property in German. The interest rates in Germany are dirt cheap right now. The mortgage rates since 2012 have been lowest in years and the tendency to decrease has not taken a backseat yet. 

That is why the  [http://www.karodi.de/taetigkeitsfelder/immobilieninvestoren-finden.html investors and non-investors in Germany]  are taking huge advantage of the dirt cheap interest loans right now. For the new residents and students, it is the perfect time for saving some cash for an apartment, they love.

The relationship between real estate Germany and interest rate is an instant hit. The interest rates are least right now and the real estate market is booming right now. The trend in apartment increase is increasing, whereas the prices of apartments and homes are increasing. The interest rate is lessening. The mortgage customers have taken advantage of the euro rock crisis, which have sunk Europe to rock bottom levels. The interest rates would have been three percent higher. It is the perfect time to purchase property in Germany and take benefit of a low interest rate, as long as it is available.

Boom in real estate

Recently, Germany has been in the headlines for proving to be the only nation, which dodged the euro crisis bullet by a big margin. That is why the real estate property all over Germany has shot up to sky. The interest rates are negligible and residents are on a property rampage buying apartments, they consider great.

Real estate and non-German residents

The mortgage loan for the non-German residents is a bit different ball game altogether. The mortgage loans are at most sixty percent of the bank’s calculated estimation of the property and the loan can last for at least twenty years. The mortgage loans are given on commercial properties and residential locations, which have an optimum value. The net income coming from the property should be taking care of the installments of the loan.

For applying a mortgage loan in Germany, the non-residents have to have forty percent of the property value in equity. Credit can cover up the rest of the sixty percent. There are some additional costs such as:

1: Notarization

2: Property transfer tax

3: Agent commission

All of them should be covered with equity. Also, another important fact is that property loans are given to those non-resident citizens, who have a well reputed property manager. The rest of the procedure is easy and only takes time.

Entering KARODI real estate agency

So, KARODI real estate agency finally enters the scenario and takes pride in stating that it has been in operating in German cities for a long time now. 

Germany is a big field and KARODI real estate agency is an experienced player in the field. It knows the ins and outs of the real estate property in Germany. It knows the rules and regulations and appropriate apartments for the customers.

This is why KARODI real estate agency is been flogged by many investors and non-investors.