2007/01/05

Berlin Braces Itself in Anticipation of Over 400,000 Visitors to the Forthcoming "International Green Week"

Berlin is hotly tipped to be one of the main investment markets over the next decade. Having come to terms with reunification it is now seeing increased high levels of investment from private equity firms. Additionally government initiatives are helping to provide better financial packages to help as many as potentially half the population step on to the property ladder. Germany and in particularly the powerhouse of Berlin look set for a prosperous future.

The International Green Week in Berlin is an exhibition for the food industry, agriculture and horticulture. This concept with a tradition dating back 81 years has been consistently successful and last year alone saw over 410,000 visitors. Running between 19th and 28th January this year, visitor numbers are expected to surpass last year.

This is a compliment to the veritable mother lode of experiences for lovers of art, architecture and artefacts. Berlin’s great clusters of museums will keep the most dedicated culture addict happy. The layers of the city's history, from imperial fancy to war and violent division, exist in fascinating proximity to its dynamic present. Since reunification in 1990, Berlin has evolved into a dynamic, sexy and creative city where a surprising light heartedness lurks beneath an austere exterior.

Berlin is the heart of modern Germany, with a stoic beat that echoes through grand public buildings, glorious museums and theatres, urbane restaurants, bustling pubs and raucous nightclubs. It's a city that thrives on change and that has made a virtue out of reinventing itself.

Julien Lu Regional Director for IMOINVEST says, “Germany is potentially the strongest property market in Europe; however recent years have been spent in uniting the west with the old east, a task that many other countries would still be reeling from. Now on a stable footing and with all the signs pointing towards a property boom, investors are aplenty. Such exhibitions as ‘International Green Week’ only further help endorse these clear signals and an influx of over 400,000 visitors is another good indication as to the burgeoning rental market which will be lifted even higher as property investment increases.”

IMOINVEST are currently marketing refurbished studio and one bedroom apartments in the Tempelhof area of Berlin. Already referred to as ‘income generators’; this desirable complex is situated in the south of Berlin in one of the capitals best areas. Offering wide opens spaces yet ideally placed for public transport there are many amenities nearby. Originally built in the 1920’s the apartments were fully refurbished and modernised in 1999 and now present s a very lucrative investment opportunity.

Studio apartments start from just £38,743 and expected rental is already anticipated at over 8%.

For a complete list of German Properties available through IMOINVEST please click HERE.

(PHOTO CAPTION: Buy to let development in the Tempelhof region of Berlin available exclusively through IMOINVEST)

Now is the Time to Consider Buying in France as Interest Rates are Expected to Decrease

IMOINVEST specialists in the French property market predict that now is the ideal time to invest into property in France. They anticipate that the orientation of the Central European Bank concerning the Euribor (Euro Interbank of fixed rate) should decrease and have an effect on interest rates offered by the French banks, which are expected to decrease as well.

The Euribor is a daily reference rate based on interest rates at which banks offer to lend unsecured funds to other banks in the Euro wholesale money market.

Julien Lu Regional Director of IMOINVEST says, “Euribor rates are used as a reference rate for Euro-denominated forward rate agreements, short term interest rate futures contracts and interest rate swaps, in very much the same way as LIBOR rates are used for the US Dollar denominated instruments. They thus provide the basis for some of the worlds most liquid and active interest rate markets. We anticipate that this interest rate decrease will have a positive effect on the French property market and investors can expect to see strong capital appreciation as a result.”

IMOINVEST are currently marketing Domaine du Golf in the charming town of Fabregues ideally located close to Montpellier in southern France. This charming Languedoc town is just a 20 minute drive from the ancient city of Rodez, with a backdrop to the Aubrac Mountains and in an area dotted with ancient stone villages.

Residence Domaine du Golf will comprise of 110 one, two and three bedroom semi detached properties and cottages surrounded by well maintained landscaped gardens with two swimming pools and adjoining a private 9 hole golf course. Each property will be fully air conditioned and come with fully fitted kitchens as standard along with private car parking facilities. In addition the properties will boast sunny wooden terraces with Jacuzzis overlooking the mature grounds. The development will also offer state of the art security with surveillance cameras throughout the grounds.

Prices at Domaine du Golf a leaseback opportunity start from just £53,666 for a one bedroom and owners will benefit from up to two weeks of personal holiday each year with a guaranteed rental income of 4.8%. The Languedoc region is showing excellent capital growth where prices are rising quicker than the national average, at around 20% per year.

For a complete list of French Properties available through IMOINVEST please click HERE.

(PHOTO CAPTION: Domaine du Golf in Fabregues on the Mediterranean coast available through IMOINVEST)