Since most expats these days are here for three to five years, it is understandable that few have considered buying a home. For those who plan to stay longer, however, purchasing a house or apartment is an option not to be overlooked. RSB has gained valuable experience in this field and wishes to share it. These are only guidelines and basics and shouldn't be regarded as binding legal or financial advice. The overall situation Basically, this is a good time to purchase a home.
Mortgage rates are still rather low, though they have been lower.
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. The prospects for real estate speculation are not favorable. There is little chance for substantial increases in property values over the next few years, precluding any significant profit-taking. Further, any such earnings would be taxable if the re-sale occurred within 10 years of purchase.