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Basically, this is a good time to purchase a house or apartment. There might be moderate increases, but the present tendency of low rates is expected to endure.

The purchase prices of houses also remain moderate, though they have begun to rise in some places, such as Munich.

It could be that extensive expatriate home purchases could cause this rate to rise in the future.

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They don't often see the more typical, non-European practice of buying now and continuously upgrading.

Buyers are strongly advised to consult with attorneys ( FIRST Financial Direct Group OHG Mortgage and insurance broker focusing on the needs of expatriates in Germany.

Specialties include real estate investments and management; mortgages (including remortgaging); other investments and pension planning.

For those who plan to stay longer, however, purchasing a house or apartment is an option not to be overlooked.

These are only guidelines and basics and shouldn't be regarded as binding legal or financial advice.

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