A German Property Investment in Ruhpolding
Sep - 29 | 
4 comments. | 
German Property, New Developments
An investment in German property may not have been considered by UK real estate investors until recently. The German property hotspot of Ruhpolding is a lovely, charming village set against the Bavarian Alps. With local traditions and a wonderful display of nature, it’s no surprise that this quaint place is renowned for its wellness wonders.
Beauty Spot
Ruhpolding is located in the south of the Chiemgau region in Upper Bavaria, Germany, only 40kms from Salzburg and 140kms from Munich.
Home to about 6,500 permanent residents, this quaint and charming Alpine village is very popular as a tourist destination, especially for Germans. This is mainly due to its great location being accessible from all parts of the country due to the efficient local train and road networks.
Ruhpolding plays host to the annual Biathlon and World Cup in Nordic Combination held in January, which is intensely popular with winter sports fans. The Biathlon alone attracts more than 80,000 visitors to the village each winter.
More than Skin Deep
Due to its setting in the Bavarian Alps, Ruhpolding is an ideal location for the nature lover. There are hundreds of trails for the walker or cyclist that will take them into many areas of memorable and outstanding scenic beauty.
Enthusiasts of art and culture can learn about Ruhpolding’s rich history during a visit to the Heritage Museum, which is located in a former hunting lodge, or gaze in awe at the Baroque parish church of St. George with its 12th-century Romanesque Madonna.
A traditional village, Ruhpolding annually hosts its popular “Rauhnachts Market,” between Christmas and New Year’s Eve. The gathering is an opportunity for local craftsmen and farmers to present their products and produce.
The village’s narrow streets are sprinkled with bakeries, sports shops and cosy restaurants. Sloping upwards from the village are the Chiemgau Alps, displaying a snowy backdrop in the winter and a landscape of lush leafage when the weather warms.
In the summer the area sees a surge of tourists for Alpine pursuits, such as hill walking, mountain biking and trekking.
But Ruhpolding offers more than just treks and hikes, as the area also has its own 18-hole golf course, ski slopes – the village is also only 15 minutes drive from one of Germany’s best known ski resorts, the Winklmoosalm – and the Vita Alpina Wellness Centre.
Fit Facilities
Since 1948, Ruhpolding has been a famous spa and tourist resort. The ‘Vita Alpina’ combines fun-filled and health-enhancing elements into a fantastic recreational attraction for anyone who loves to be in or around the water.
The resort offers a wealth of relaxing and health inducing facilities. There’s foot-bathing in water with salt from the Dead Sea and the ultimate in relaxation in a steam bath or sauna.
The inimitable ‘Wave’ is an integral part of the Vita Alpina, which has now been expanded to include its very own ‘Primal Ocean,’ a large open-air pool filled with warm salt water. This true treat for body and soul has water jets, bubbling waters, neck showers, geysers and bubble seats.
Healthy Investment Options
Ruhpolding – with its close proximity to Munich – should appeal to lifestyle investors who are looking for long-term capital growth. However, there is also a strong rental market in the area, thanks to the annual Biathlon and World Cup in Nordic Combination as well as all the summer activities.
Just eight minutes walk outside the centre of the village and a stone’s throw from the nearest ski slopes is the second phase of Apartments Ruhpolding. A low rise, three-storey complex, the second phase has 9 of its 14 units left.
The development offers studio, one-bedroom and two-bedroom apartments and all of the units are also sold with a balcony or terrace, one underground car parking space and substantial storage space, suitable for skis or bicycles.
All unit completions are expected from the second quarter of next year and prices range from €118,635 to €258,000.
Dan Johnson, Managing Director, comments: “Foreigners can buy without restriction in Germany and financing is also possible but should not be expected to cover more than 60%-70% of the purchase price. About 58% of Germans live in rented accommodation, which is one of the highest proportions in the world.”
TheMoveChannel.com, the leading international property portal, announces a number of new Bavaria property developments or properties for sale, including:
· Zaisering ( 2 bed apartment, £135,000, garage parking and parking space)
· Small Bavarian castle (6 bed, £2,627,280, close to golf course, built 1900)
News submitted by Jon Moore, The Move Channel
Страшен превод просто – Отвъдморско Имоти Блог
hello can you sent me projekt over ew projekts ruhpolding
hello Iám very interested of the new aprtments who are expted
to be ready to move in next year, will you send prospect
for 2-bedroom unit
Pelle Appelberg
20 years after fall of Berlin wall East Berlin is now producing better returns than West Berlin for UK investors.
You may have seen world leaders in Berlin recently for the 20 year wall celebrations or watched Matt Frie’s excellent recent BBC 2 documentary on Berlin architecture, but there is a quiet revolution going on in East Berlin as far as property investments go, for the first time the rents in trendy East Berlin have overtaken the more established areas in the West of the city, with investors able to experience starting yields of around 8% net rising to 10% net in many cases, it’s proving very attractive to UK investors.
Traditionally like London, the West was the place to live in Berlin, but more and more the trendy East side of town is now the place to live, as in London where Clerkenwell and Shoreditch in recent years have come through as the places people want to live with there new bars and restaurants, so the same is true for Berlin areas a few years ago that were not that attractive to tenants such as Friedrichshain, Kreuzberg and Neukölln have seen the trendy student and artist brigade move in followed by the bars, restaurants, galleries and markets, and rents have risen in line with demand.
John Aitken of Nilreb.com (Berlin spelt backwards) who at the start of next year will have been in the Berlin market for 5 years said “we currently have a building for sale of 32 already rented apartments (3 being commercial units) in the East of Berlin, with a net yield of around 8% once a few tenants move on it’s possible to re-rent on the open market and increase rents accordingly in the areas with high demand thus increasing the yields, as an example we have a property for sale (Picture can be provided) it’s a fully rented apartment block in a nice are of Friedrichshain with a current net yield of 9%, we would work with the purchaser to get the yield up to over 10% in the shortest possible time period.
As a direct comparison to London the area where this property would be located would perhaps be fringe Islington where prices per square foot are around £500 or so, this property in Friedrichshain is just over £50 per square foot, 1/10th of a similar location in London, but the rent is only ¼ or 1/5th of London, hence the yields in Berlin are on the whole at least double that of London.
Banks are happy to lend 75% – 80% on these buildings in many cases, as they see them as safe investments compared to say a single apartment as if a couple of tenants vacate in a block it only has a short term effect on cash flow as the average tenant stays in a Berlin apartment for around 7 years, Aitken said ‘traditional German tenants expect to pay low rents as many older apartments have painted floors and by law just a sink and a cooker as a kitchen, but when a tenant vacates one of these apartments it’s an opportunity to sand and polish the wooden floors and put in a nice fitted kitchen, etc and the rental level for a refurbished apartment is significantly different, our experience for the 1,000 or so apartments our clients own is between 30 – 100% increase in rental levels, but it does of course depend on the level of refurbishment required, as many older tenants have been in their apartments much longer then the average 7 years’
One of the main differences with Berlin rentals compared to London rentals is the tenant in Berlin pays for all the running costs of a building, from the insurance, snow clearance, service charges, etc everything apart from the building maintenance and the property management cost, Berlin is a rental city with some 88% of tenants renting, so there are plenty of management companies dealing with property management for overseas investors, that’s much higher in East Berlin than West Berlin but it’s already starting to change.
Aitken goes on to say ‘Not many people have Berlin on their list as a place to invest, it not your traditionally well know investment City”
With a population of some 3.4 million people and where according to the official Berlin tourist board it had some 147 million visitors last year (including day trippers) something is going on there, it’s a city full of culture where you can pick up an entire building for the cost of a 2 bedroom apartment in Central London, that has to be worth a look even if you just come for the weekend, but make sure you stay in the East’
Editors notes:
John Aitken is available for interview, comment and commissioned articles on the Berlin property market, he may be contacted on:
Our web sites are http://www.BerlinPropertyForSale.com and http://www.Nilreb.com
07980 010205(uk mobile)
office@nilreb.com
020 7654 1234 (London office)
We can provide jpeg images of the building mentioned in this press release as well as digital images of other buildings in Berlin.
Nilreb.com specialise in the sale of residential investments in Berlin, Germany, our typical price range is €1m – €1.5m of fully occupied apartment blocks, most of our clients are UK based, we assist with all aspects of the purchase of a property as well as dealing with after sales such as rentals of any apartments they become vacant, refurbishment of apartments and maintenance of buildings, our client have around 1,000 apartment’s in Berlin, mainly in the East of the City.