Germany could be attractive to first time buyers

20-Apr-2007

Property in Germany could prove an attractive option for first time buyers, with the country's housing market remaining stable, according to property information company Amberlamb.

The firm has said that since the turn of the century, property prices in Germany have remained "static" with cities such as Berlin and Munich offering a lot for anyone looking to buy a house, including first time buyers.

"Both [Berlin and Munich] offer everything from the lifestyle to the location, from accessibility to employment opportunities," Rhiannon Williamson, a spokesperson for the company, said.

She added: "Both have an abundance of property for sale as well as a wide range of property types available for sale from city centre apartments to spacious houses in the suburbs."

Earlier this week, a BuyAssociation representative recommended the United States - and more specifically New York and Florida - as ideal property investment locations.

Paul Collins said the two places look like good investments thanks to holidaymakers and the current exchange rate being high in the pound's favour.

To find out more about buying a property abroad to get onto the property ladder click here.

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