The report "Emerging trends in real estate - Europe 2014", released by PwC and the Urban Land Institute, claims that cities in Germany will be the most attractive for property investment in 2014, according to ee24.com citing pwc.com.
Four German cities are among the top ten cities in Europe, to which investors should pay attention. There are 16 cities overall in the list of cities with the "good" prospects: Munich, Dublin, Hamburg, Berlin, London, Zurich, Istanbul, Copenhagen, Stockholm, Frankfurt, Warsaw, Vienna, Moscow, Paris, Helsinki and Prague. Athens became the only city in Europe where experts do not recommend buying real estate for investment purposes.
Buying real estate in Munich seems interesting because of low unemployment, a young population and a lack of high-quality offices. There is a great demand for offices in Hamburg, and because of the population growth, rental rates for residential properties are increasing. Berlin is attractive primarily due to an increase in residential property prices: in the last year in some neighborhoods they've doubled. Investment into Frankfurt is also interesting due to residential property: the demand still exceeds supply.